Allbirds stock crashes after the company said it lost $101 million last year and quarterly sales fell well below a year ago

Tech Insider
Allbirds on Thursday announced a disappointing earnings report.
Allbirds on Thursday announced a disappointing earnings report.

Spencer Platt/Getty Images

Adidas' new CEO came out swinging during his first press conference, calling out Nike's lack of innovation and defending the three stripes

Tech Insider : Sports
Bjørn Gulden came out swinging in his first analyst call and press conference as CEO of Adidas.
Bjørn Gulden came out swinging in his first analyst call and press conference as CEO of Adidas.

Christof Stache/AFP/Getty Images

Adidas CEO warns donating Yeezys could backfire as the company struggles to get rid of its $1.3 billion stockpile

Tech Insider
Adidas CEO Björn Gulden
2023 is expected to be a "transition" year for Adidas, CEO Bjørn Gulden said.

Daniel Karmann/picture alliance

Adidas hasn't decided whether it's going to take a $526 million hit from not selling remaining Yeezys

Tech Insider
Adidas on Wednesday said it hasn't decided what to do with its remaining Yeezy inventory.
Adidas on Wednesday said it hasn't decided what to do with its remaining Yeezy inventory.

Paco Freire/SOPA Images/LightRocket/Getty Images

The Nike and Tiffany & Co. sneaker release is the perfect example of what's wrong with buying popular shoes right now

Tech Insider
Nike Air Force 1 Tiffany & Co
The Nike Air Force 1 Low Tiffany & Co. "1837" retailed at $400.

Tiffany & Co

Nike and Adidas veterans reveal how to get your foot in the door in the sneaker industry

Tech Insider
Sneaker Industry veterans Bimma Williams, Sean Williams, Chris Dixon, Vicki Ng, and D'Wayne Edwards against a green background with a pattern made of silhouettes of various sneakers
From left: Bimma Williams, Sean Williams, Chris Dixon, Vicki Ng, and D'Wayne Edwards.

Claima; SOLEcial Studies; Cnstnt Dvlpmnt; Adidas; Pensole Lewis College; Marianne Ayala/Insider

Nike, loaded with new products, is already reaping the benefits of Adidas' struggles after the abrupt end of its Yeezy business

Tech Insider
Nike Customers walk past a Nike store in Shanghai, China
Nike is in prime position to gain market share amid Adidas' struggles.

CFOTO/Future Publishing via Getty Images

Judge nixes Nike's attempt to close the courtroom as key details are discussed in lawsuit filed by former NFL player Odell Beckham Jr.

Tech Insider
Odell Beckham Jr. wore Nike cleats in the Super Bowl in February 2022. By the end of the year, Beckham's relationship with Nike soured.
Odell Beckham Jr. wore Nike cleats in the Super Bowl in February 2022. By the end of the year, Beckham's relationship with Nike soured.

Michael Owens/Getty Images

Yeezys are still in high demand on the secondary market despite Ye's fallout with Adidas

Tech Insider
Yeezy boost 350
The Yeezy 350 V2 "Oreo" is a popular colorway for sneakerheads to purchase on the secondary market.

Christian Vierig/Getty

6 sneakers Michael Jordan wore during game-clinching NBA Finals games are about to go on sale — and the price could set a record

Tech Insider
Sotheby's this week will offer a collection of championship game-worn Air Jordans for sale.
Sotheby's this week will offer a collection of championship game-worn Air Jordans for sale.

Sotheby's

Subscribe to Sneakers