(Excluding Yeezy, which sells mainly via DTC, the company’s DTC business grew 17%, per the release.) Within DTC, Adidas’ owned retail stores posted double-digit growth. E-commerce revenues ...
The move isn’t entirely unexpected — in 2023, the company issued releases of Yeezy stock in May and July. Products in those two releases were sold at a profit, but a “significant amount” of the ...
Excluding Yeezy sales from both this year and last, currency-neutral revenue grew 14% in Q3, according to a company press release. Gross margin also increased 2 percentage points in the quarter ...