Marlon Wayans cited after luggage dispute with United worker at Denver airport
Comedian and actor Marlon Wayans was cited for disturbing the peace after a dispute he says he had last week with a United Airlines employee over carry-on luggage at the Denver airport
2023-06-13 03:57
'Today' host Al Roker enjoys vacay with wife Deborah Roberts and son Nick, fans say 'keep having fun'
Al Roker, who often seems to worry his fans with health scares, is enjoying a break from the morning show and posted a sneak peek from his vacation
2023-07-10 15:28
Who is Alisyn Camerota's husband? Married CNN anchor spotted holding hands with former boss Jeff Zucker
The duo was seen walking hand-in-hand, raising eyebrows due to Jeff Zucker's current relationship with Allison Gollust
2023-07-24 16:17
Has Kevin Costner resolved prenup issue? Actor slams ex Christine Baumgartner's claims that she did not 'understand' agreement
Kevin Costner's team called Christine Baumgartner's claims 'gamesmanship of the worst sort'
2023-08-16 16:24
What happened between xQc and H3H3? YouTuber challenges Kick streamer amid ongoing feud: 'Let's see who lives longer'
Kick streamer xQc and H3H3 engaged in a playful exchange about age, time, and longevity with xQc asserting himself as a 'time billionaire'
2023-08-16 16:25
Adidas is still figuring out what to do with $1.3 billion worth of unsold Yeezys
Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-10 02:25
Kim Cattrall improvised that sweet 'And Just Like That...' moment
Samantha Jones returned for one brief, shining moment and it was glorious.
2023-08-25 22:16
Alix Earle's Halloween tribute to Madonna sparks Miley Cyrus comparisons from fans: 'Iconic in every way'
In a stunning Halloween makeover, Alix Earle unveiled her uncanny resemblance to Madonna
2023-10-29 19:16
How tall is Kendall Jenner? Model loves herself including her towering height
Kendall Jenner is believed to be almost the same height as her elder sister, Khloe Kardashian
2023-08-07 18:29
Serena Williams takes a playful jab at BFF Kim Kardashian's tennis skills: 'I have to give you lessons'
Serena Williams and Kim Kardashian are friends for almost 20 years
2023-09-24 12:57
Is Rob Marciano leaving 'GMA'? Anchor shares another mysterious post amid speculations
'GMA' meteorologist Rob Marciano shared a 'lesson about kindness' with no explanation, allowing followers to interpret it the way they want
2023-06-19 11:48
Mitch Rossell wins hearts with OG song dedicated to family as 'AGT' judge Simon Cowell calls singer 'the real deal'
Sofia Vergara said that she believes Mitch Rossell has a 'perfect talent' and that she believes America would adore him
2023-08-23 11:16
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