Adidas is stuck with $1.3 billion worth of unsold Yeezy shoes after cutting ties with Kanye West, and is not sure what to do with them 👀👟 pic.twitter.com/8TPh9N62rh — Daily Loud (@DailyLoud) May 9, 2023
Two months after terminating its sneaker partnership with Ye, formerly known as Kanye West, German sportswear company Adidas has been holding the bag of more than a half billion dollars worth of Yeezys, a new report from the Financial Times …
by silvertomars The US average is up +25% YoY, admittedly from low levels, but several cities are now recording +100% YoY growth in active listings… Phoenix +177%… Meanwhile, unsold housing inventory in Las Vegas… Housing supply in the US is …
Absolute freedom is as dangerous as absolute control. AC
by Michael Snyder When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels begin to rise, and …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Hot air is hissing out of this market. Sales of new single-family houses in September plunged 18% from September a year ago, not-seasonally adjusted, to just 41,000 new single-family houses, according to estimates that the Census …