They owe him royalties for everything sold, he isn’t obligated to anything now. He kind of won. But the world hates him now though so
Adidas is reportedly sitting on $530,000,000 worth of official Yeezys that they can't sell
- Thread starter Bonk
- Start date
DonFrancisco
Your Favorite Tio!
The irony of Ye being cancelled but no one is asking VW to change their name. VW was literally created by Nazis and directly promoted by Hitler. The first person to drive a VW was Hitler himself.
It's totally believable especially when you remember how Adidas had to move some Yeezy units through Stadium Goods store on Ebay as they weren't selling out online. What makes the story even more hilarious is that they insist on keeping the $230 price tag without the Yeezy Branding when they're already stuck with inventory they can't move as is.
They should do the right thing and put them in retail stores at a highly discounted price. Them shyts would sell like clockwork.
They won't because they still on using the $230 price tag with the new Yeezy's without his name attached to it and it's still essentially the same exact sneaker.
The British owned Volkswagen after World War 2 and it only exists because the allies wanted to revive the German economy after the war. The name means the "peoples car" so it's not some terribly offensive thing so I don't get your point here.
Tribal Outkast
Veteran
They’ll be in outlet’s eventually if this is true. They have to move them by any means necessary. Nobody is paying that much for them shoes lol
EA
A Pound & A Prayer
$530m is the retail value of the remaining stock, not the manufacturing cost.
Simple math will tell you that Adidas are sitting on roughly 2.2m pairs of sneakers (Average cost per pair of $250 divided by $530m) which isn’t actually a lot of stock. Since they’re already pressed up with the Yeezy branding, they’ll most likely sell them on to a 3rd party retailer and recoup most of, if not all of their manufacturing cost.
It’s an L but they can easily recover.
Simple math will tell you that Adidas are sitting on roughly 2.2m pairs of sneakers (Average cost per pair of $250 divided by $530m) which isn’t actually a lot of stock. Since they’re already pressed up with the Yeezy branding, they’ll most likely sell them on to a 3rd party retailer and recoup most of, if not all of their manufacturing cost.
It’s an L but they can easily recover.
Biblical Goon
Superstar
This is why i don't buy top dollar, "luxury" or trending brands n all that bullshyt because this is all it takes for it to become worthless. Imagine someone paying $300+ for some Yeezy's now.. seems ridiculous right? That's how I felt since the beginning. It was never worth that much to begin with.
Devilinurear
Veteran
You see it rightThese pathetic Kanye stans still shamelessly dikkriding their idol.
Who gives a fukk
invincible1914
G.O.M.A.B.
Those shoes were made in China for a buck fitty a piece just like the rest of them.That is the retail priceNot how much they have sunk costs towards.
They will write that off and work some accounting magic to turn it into a net positive somehow.
Some of the foam runners were actually made in the US, which is why the sizing was never consistent between the pairs and why they were always so limited.
Good
How much they pay the Africans and Asians in those poor countries to make these shyts
How much they pay the Africans and Asians in those poor countries to make these shyts