- 2,614
- 1,567
Sports apparel brand is technically true, but their lifestyle division is king. Yeezys, Superstars, NMDs, Stans, even Ultra DNAs are lifestyle now. Those are the products making them money. You think they sell as many football boots/Hardens/Spidas/Dames/Supernovas/Ultra 22s as they sell $250 Yeezys or $100 Stans/Superstars? They even mentioned it in their press release: net income is going to drop $250M in Q4 alone. Q4 obviously is bigger than the rest of the quarters but conservatively estimating... Yeezy was responsible for $500M in net income per year, likely more.Guys. Adidas is a sports apparel brand. Yeezy isn’t taking the company down. They are relevant in the sports realm. They have contracts with soccer clubs, international clubs, nba players, etc. On the hype side they have Jerry in their pocket still. And before Yeezys were a part of adidas, their boost tech was and still is one of the most comfortable footwear features that’s out there.