After suspending Yeezy sales in November, Adidas has confirmed that the remaining footwear will be sold in 2024. Adidas projects $270 million in Yeezy sales for 2024, which is expected to have no effect on operating profit. Release info for the remaining Yeezy inventory, including Slides and Foam Runners, is currently unknown. Shoes will likely drop on the Confirmed app and partner retailers. This will be the final chance to purchase Yeezys from Adidas before they fully cut ties with Ye.
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00:00 It's Benzinga and here's what's on the block.
00:02 After suspending Yeezy sales in November,
00:04 Adidas has confirmed remaining Yeezy footwear will be sold in 2024.
00:08 Adidas projects $270 million in Yeezy sales for 2024,
00:11 which is expected to have no effect on operating profit.
00:14 Release info for the remaining Yeezy inventory,
00:16 including slides and phone runners, is currently unknown.
00:19 Shoes will likely drop on the confirmed app and partner retailers.
00:22 This will be the final chance to purchase Yeezys from Adidas
00:24 before they fully cut ties with Yeezy.
00:26 For all things money, visit Benzinga.com.
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