Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company's "most optimistic forecast," the Financial Times reported on Monday.
Strong demand for the first batch of online sales would potentially save the German sportswear company from having to take a big writedown on its remaining…
This story from reuters.com was posted on 2023-07-24 by @wildpursuit.