Adidas has its debt rating slashed by S&P as termination of Kanye West partnership batters earnings

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Kanye West walks down a sidewalk with a backpack slung over his shoulder
Kanye West.

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Adidas is facing a problem even bigger than Yeezy

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Adidas flagship store entrance in New York City on Oct. 31, 2022.
Adidas flagship store entrance in New York City.

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Kanye West is no longer a billionaire after being dumped by Adidas, but is still worth $400 million. Here's how he spent his money.

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kanye west
Kanye West, now known as Ye, performs in 2015.

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Retail CEO crisis: With recent shakeups at Kohl's, Adidas, Dollar General, and more, the industry's top job is suddenly the hardest to fill

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Five Retail CEO's in the foreground with red gradient background
From left: The RealReal's Julie Wainwright, Bed Bath & Beyond's Mark Tritton, VF Corporation's Steve Rendle, Under Armour's Patrik Frisk, and Gap's Sonia Syngal.

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Adidas could lose over $750 million as it tries to figure out what do do with its stockpile of Yeezys

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Yeezy 700 V1 Wave Runners
Adidas Yeezy crossed $1 billion in sales 2019.

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Beyoncé's line with Adidas is reportedly struggling, driving home the challenge of filling the $2 billion hole left by Kanye West's Yeezy line

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Beyoncé' in Ivy Park
The Wall Street Journal reported Beyoncé's Ivy Park line with Adidas is coming up short of projections.

Adidas

Adidas wants to become the sportswear brand of choice for Gen Z shoppers as it launches a collection aimed at taking on Nike

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Adidas new gen z collection Sportswear
Adidas' new Sportswear collection.

Adidas

Anker's Soundcore VR P10 are Winning Budget Earbuds for Low Latency Wireless Gaming and VR Audio

Gizmodo : Technology

While the market for true-wireless gaming earbuds is remarkably small, it just got a little bigger with the addition of the

6 sneaker trends to keep in 2023 and 2 to leave behind

Tech Insider : Style
Photoshop of New Balance 993 and wide leg cut out jeans.
Y2K fashion will remain popular in 2023, as will New Balance.

Danni Santana/ Revice Denim

Wealthy boomers are trading in their Nikes for Skechers

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Skechers store with crowd
Skechers ranks second only to Nike in preferred casual footwear for Americans.

Mike Kemp / Getty Images

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