adidas' Third Quarter Results Hint at Slowed YEEZY Sales

adidas recently announced its third quarter results, which detailed an overall six percent increase in sales to around $7.10 billion USD, a number that outperformed analyst predictions. However of that significant increase, footwear sales only increased by one percent and e-commerce grew only 14 percent as opposed to 37 percent in the second quarter. According to Reuters, both statistics are leading analysts to believe Kanye West's online sales powerhouse YEEZY division isn't performing as well ...