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Why Do Some Male Lions Lack Manes?
Why Do Some Male Lions Lack Manes?
Climate can cause a big difference in how much hair a lion grows.
2023-11-02 02:58
'Run the World' Season 2 is all about metamorphosis
'Run the World' Season 2 is all about metamorphosis
Amber Stevens West, Bresha Webb, Corbin Reid and the cast of 'Run the World' tell
2023-06-10 05:23
Johnny & Associates founder Kitagawa sexually assaulted hundreds of teens, investigation finds
Johnny & Associates founder Kitagawa sexually assaulted hundreds of teens, investigation finds
A team investigating sexual assault allegations against the late founder of a talent agency for boy bands says it has found the charges credible and is calling for financial compensation for the victims
2023-08-30 09:58
Adidas is still figuring out what to do with $1.3 billion worth of unsold Yeezys
Adidas is still figuring out what to do with $1.3 billion worth of unsold Yeezys
Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-05-10 02:25
'GMA' host Michael Strahan's twin daughters Sophia and Isabella surprise dad with sweet Father's Day tribute
'GMA' host Michael Strahan's twin daughters Sophia and Isabella surprise dad with sweet Father's Day tribute
Michael Strahan's twin daughters Sophia Strahan and Isabella Strahan shared their childhood photos to mark Father's Day
2023-06-19 11:26
What is Rita Ora's net worth? Singer slammed by fans for 'fake' autographs on latest record
What is Rita Ora's net worth? Singer slammed by fans for 'fake' autographs on latest record
Rita Ora's followers are raising doubts about the veracity of signed copies of her most recent album and requesting a refund from the pop star
2023-08-13 15:17
Brad Pitt is yet to introduce girlfriend Ines De Ramon to kids as he's waiting for ‘right time’: Source
Brad Pitt is yet to introduce girlfriend Ines De Ramon to kids as he's waiting for ‘right time’: Source
Brad Pitt and Ines De Ramon have apparently not moved in together even though they are 'going in that direction'
2023-06-29 19:56
The View's Ana Navarro shows off addition to her home but fans are distracted by her outfit: 'Love that dress'
The View's Ana Navarro shows off addition to her home but fans are distracted by her outfit: 'Love that dress'
Ana Navarro wore a gorgeous full-length white dress with intricate patterns, and everyone wanted to know where she got it from
2023-07-30 13:28
When was Josey Dorsey born? Naya Rivera's ex-husband and son keep 'Glee' star's memories 'alive' after her death
When was Josey Dorsey born? Naya Rivera's ex-husband and son keep 'Glee' star's memories 'alive' after her death
Naya Rivera died in 2020 after accidentally drowning during a boating trip with her son
2023-07-09 20:22
Will 'Love Island USA' get its first lesbian couple? Johnnie Olivia opens up about her sexuality as she kisses Kassy Castillo
Will 'Love Island USA' get its first lesbian couple? Johnnie Olivia opens up about her sexuality as she kisses Kassy Castillo
'Love Island USA' Season 5 star Kassy Castillo accepts that she feels attracted to Johnnie Olivia
2023-08-21 11:51
'We are over the moon’: ‘Love Is Blind’ star Giannina Gibelli and ‘The Bachelorette’ alum Blake Horstmann expecting their first baby together
'We are over the moon’: ‘Love Is Blind’ star Giannina Gibelli and ‘The Bachelorette’ alum Blake Horstmann expecting their first baby together
Giannina Gibelli and Blake Hortmann's first baby is set to arrive in spring 2024
2023-11-15 09:52
Bebe Rexha rushed off stage after she was hit in the head by a phone
Bebe Rexha rushed off stage after she was hit in the head by a phone
Bebe Rexha was rushed off stage on Sunday at her concert in New York City after someone threw a cellphone that hit her in the head.
2023-06-19 21:53