The Kanye West sneakers that are worth $1.8 million
3 years, 7 months ago

The Kanye West sneakers that are worth $1.8 million

Live Mint  

The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for $1.8 million, a new world record price for a pair of sneakers, Sotheby's announced on Monday. The American rapper's 2008 'Grammy Worn' Nike Air Yeezy samples were prototypes for a line developed by West and Mark Smith for Nike. The private sale shattered the current auction record for sneakers, far above the $560,000 that Sotheby's scored in May 2020 for a pair of 1985 Air Jordan 1's, designed for and worn by basketball player Michael Jordan. Brahm Wachter, Sotheby's head of streetwear and modern collectables, said, "The sale speaks volumes of Kanye's legacy as one of the most influential clothing and sneaker designers of our time."

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History of this topic

Kanye West and Adidas reach settlement over Yeezy partnership termination
1 month, 3 weeks ago

Kanye West and Adidas reach settlement over Yeezy partnership termination

The Independent  

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Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups
9 months, 1 week ago

Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups

LA Times  

A sign advertises Yeezy shoes made by Adidas. Adidas said Wednesday that it’s donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year after it severed ties with Ye, the rapper formerly known as Kanye West. Net sales of what’s left of …

Adidas May Write off Unsold Yeezy Shoes After Rapper Ye Split
1 year, 1 month ago

Adidas May Write off Unsold Yeezy Shoes After Rapper Ye Split

News 18  

Adidas believes it may have to write off the remaining 300 million euros worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The shoe and sports clothing company, which cut ties with Ye in October 2022 after he made antisemitic remarks online, sold 750 million euros worth of the shoes in …

Adidas says it may write off remaining unsold Yeezy shoes after breakup with Ye
1 year, 1 month ago

Adidas says it may write off remaining unsold Yeezy shoes after breakup with Ye

Associated Press  

FRANKFURT, Germany — Adidas said it might have to write off the remaining 300 million euros worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The shoe and sports clothing company, which cut ties with Ye in October 2022 after he made antisemitic remarks online, has sold 750 million euros worth …

Adidas CEO doubts if Kanye West’s antisemitic remarks were serious
1 year, 3 months ago

Adidas CEO doubts if Kanye West’s antisemitic remarks were serious

Live Mint  

Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, "meant what he said” when he made a series of antisemitic and other offensive remarks last year. In a statement at that time, the company said it “does not tolerate antisemitism and any other sort of hate speech.” It added: “Ye’s recent comments and …

Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
1 year, 3 months ago

Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him

Associated Press  

SAN FRANCISCO — Adidas CEO Bjørn Gulden said he doubts that Ye, the artist formerly known as Kanye West, “meant what he said” when he made a series of antisemitic and other offensive remarks last year. In a statement at that time, the company said it “does not tolerate antisemitism and any other sort of hate speech.” It added: “Ye’s …

Adidas is donating Yeezy sales to anti-hate groups. US Jews say it’s making best of bad situation
1 year, 4 months ago

Adidas is donating Yeezy sales to anti-hate groups. US Jews say it’s making best of bad situation

Associated Press  

When Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments, it was left with more than a billion dollars worth of high-end Yeezy sneakers. “I would say it’s the best way that they could have possibly handled it,“ said Jeremy Lichtig, campus director of the University of Georgia Hillel, which serves Jewish …

Adidas to release second batch of Yeezy sneakers after breakup with Ye
1 year, 4 months ago

Adidas to release second batch of Yeezy sneakers after breakup with Ye

Associated Press  

FRANKFURT, Germany — Adidas said Friday that it is releasing a second batch of high-end Yeezy sneakers after cutting ties with rapper Ye, formerly known as Kanye West, as the German sportswear brand seeks to unload the unsold shoes while donating to groups fighting antisemitism. Shoes sold directly by Adidas in North America will include blue square pins established by …

Rare Apple sneakers are selling at a whopping price of ₹41 lakh. Will you buy it?
1 year, 4 months ago

Rare Apple sneakers are selling at a whopping price of ₹41 lakh. Will you buy it?

Live Mint  

A pair of rare and old Apple Inc's sneakers is up for auction, granting collectors the exclusive chance to own a pair of trainers from the mid-1990s. Sotheby's describes these sneakers with admiration, emphasizing their distinctive features: "The predominantly white upper showcases the iconic rainbow Apple logo on both the tongue and lateral quarter, making it a standout detail. Sotheby's …

Adidas to release second batch of Yeezy sneakers after breakup with Ye
1 year, 4 months ago

Adidas to release second batch of Yeezy sneakers after breakup with Ye

LA Times  

Yeezy shoes are displayed at Laced Up, a sneaker resale store, in Paramus, N.J., in October. After cutting ties with the rapper formerly known as Kanye West, Adidas is releasing a second batch of high-end Yeezy sneakers for sale online Wednesday. Adidas said Friday that it is releasing a second batch of high-end Yeezy sneakers after cutting ties with rapper …

Adidas gets $565m in orders for unsold Yeezy shoes
1 year, 5 months ago

Adidas gets $565m in orders for unsold Yeezy shoes

Al Jazeera  

German sportswear company has taken orders for 4 million pairs after antisemitism row, Financial Times report says. Adidas received orders worth more than 508 million euros for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast”, the Financial Times has reported. The orders for the first batch would potentially save the German sportswear company from …

Adidas accuses Kanye West of ‘mishandling’ $75 million fund: Report
1 year, 5 months ago

Adidas accuses Kanye West of ‘mishandling’ $75 million fund: Report

Live Mint  

Adidas is attempting to recover $75 million from Kanye West, also known as Ye, alleging mishandling of funds. The disagreement centers around a $100 million annual marketing fund, as disclosed in court documents viewed by Insider. Adidas alleges that it deposited $75 million into two Yeezy bank accounts, but according to Bloomberg, Kanye West and his associated companies "mishandled almost …

Adidas drops $75 million case against Kanye West’s Yeezy brand. Here’s why
1 year, 6 months ago

Adidas drops $75 million case against Kanye West’s Yeezy brand. Here’s why

Live Mint  

After abruptly ending a federal court case aimed at freezing $75 million held by Kanye West’s Yeezy brand, Adidas decided to put Yeezy shoes back on sale on Wednesday. Adidas' decision to cut ties with Kanye West came after the rapper made some anti-Semitism remarks, leading to an uproar over social media platforms. Frequent clashes Even before the official break-up, …

Adidas begins selling off Yeezy brand sneakers, 7 months after cutting ties with Ye
1 year, 6 months ago

Adidas begins selling off Yeezy brand sneakers, 7 months after cutting ties with Ye

NPR  

Adidas begins selling off Yeezy brand sneakers, 7 months after cutting ties with Ye Enlarge this image toggle caption Adidas Adidas Adidas has begun selling off sneakers that were created in partnership with the artist Ye before the German sportswear company cut ties with the celebrity. Adidas says a "significant amount" of money made from its remaining inventory of the …

Yeezy shoes are back on sale — months after Adidas cut ties with Kanye West
1 year, 6 months ago

Yeezy shoes are back on sale — months after Adidas cut ties with Kanye West

Associated Press  

WASHINGTON — Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. In the months that followed, the fate of 1.2 billion euros worth of unsold Yeezys remained unknown — until earlier this month, when Adidas CEO Bjørn Gulden announced the company …

Adidas to start selling leftover Yeezy sneakers later this month
1 year, 7 months ago

Adidas to start selling leftover Yeezy sneakers later this month

Live Mint  

Adidas said Friday that it will begin selling its more than $1 billion worth of leftover Yeezy sneakers later this month, with the proceeds to be donated to various anti-racism groups. “After careful consideration, we have decided to begin releasing some of the remaining Adidas Yeezy products," said Adidas CEO Bjorn Gulden in a statement. There is no place in …

Adidas to start selling stockpile of Yeezy sneakers later this month
1 year, 7 months ago

Adidas to start selling stockpile of Yeezy sneakers later this month

Associated Press  

NEW YORK — Adidas said Friday that it will begin selling its more than $1 billion worth of leftover Yeezy sneakers later this month, with the proceeds to be donated to various anti-racism groups. “After careful consideration, we have decided to begin releasing some of the remaining Adidas Yeezy products,” said Adidas CEO Bjorn Gulden in a statement. There is …

Adidas to sell off unsold Yeezy stock, donate the proceeds to charity
1 year, 7 months ago

Adidas to sell off unsold Yeezy stock, donate the proceeds to charity

Live Mint  

Adidas has said it will sell the unsold stock of Yeezy shoes and donate the proceeds to charity, pondering over not to destroy the unsold merchandise from its partnership with Kanye West. The German sportswear giant announced it was halting production of Yeezy branded products with “immediate effect” at the end of October after West made anti-Semitic comments on social …

Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
1 year, 7 months ago

Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split

Associated Press  

WASHINGTON — After months wrestling over the fate of milions of unsold Yeezy shoes, Adidas said Thursday it will sell a portion of its remaining inventory and donate the proceeds to charitable organizations. “Burning those shoes cannot be the solution,” Gulden said, adding that Adidas will try to sell part of the remaining Yeezy inventory and “donate money to the …

Adidas Says to Sell Part of Yeezy Gear for Charity
1 year, 7 months ago

Adidas Says to Sell Part of Yeezy Gear for Charity

News 18  

Adidas will sell at least part of its huge inventory of Kanye West’s Yeezy products and donate the proceeds, the German sportswear group’s boss said Thursday. The company’s CEO Bjorn Guden told shareholders at an annual general meeting that “burning the goods is not the solution”. “What we will try to do over time is to sell part of these …

Adidas to sell some Yeezy merchandise, donate proceeds
1 year, 7 months ago

Adidas to sell some Yeezy merchandise, donate proceeds

Al Jazeera  

Millions of Yeezy brand shoes worth $1.3bn are in storage as their sale was halted when Adidas cut ties with Kanye West. Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organisations, CEO Bjoern Gulden has said. “It’s a smart and responsible move,” said Ed …

Yeezy shoes still stuck in limbo after Adidas split with Ye
1 year, 7 months ago

Yeezy shoes still stuck in limbo after Adidas split with Ye

Associated Press  

FRANKFURT, Germany — It’s been nearly seven months since Adidas split with the rapper formerly known as Kanye West, and boxes of his popular Yeezy shoes are still piled up in warehouses. 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 in …

Yeezy shoes worth $1.3 billion still stuck in limbo after Adidas split with Ye
1 year, 7 months ago

Yeezy shoes worth $1.3 billion still stuck in limbo after Adidas split with Ye

LA Times  

Adidas saw operating earnings dwindle in the first three months of the year as the German sportswear company’s breakup with the rapper formerly known as Kanye West and his popular Yeezy shoe brand cost it $441 million in lost sales. The breakup will reduce earnings by 500 million euros this year if Adidas decides not to sell its remaining Yeezy …

Jordan’s ‘Last Dance’ sneakers sell for record USD 2.2 million
1 year, 8 months ago

Jordan’s ‘Last Dance’ sneakers sell for record USD 2.2 million

The Hindu  

A pair of signed, game-worn Michael Jordan sneakers from the 1998 NBA Finals fetched a record $2.2 million on Tuesday, making them the most valuable sneakers ever sold, auction house Sotheby’s said. Sotheby’s said Jordan gifted the sneakers to a Jazz ball boy after the game as thanks for finding a lost jacket. They are the only complete pair of …

Adidas wonders what to do with Yeezy shoes after Ye split
1 year, 9 months ago

Adidas wonders what to do with Yeezy shoes after Ye split

Associated Press  

FRANKFURT, Germany — Adidas is still wrestling with how to dispose of 1.2 billion euros worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West, forcing the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. CEO Bjorn Gulden said selling the popular line of …

Kanye West says he’s selling Balenciaga, Adidas, and Gap hoodies for $20
2 years, 1 month ago

Kanye West says he’s selling Balenciaga, Adidas, and Gap hoodies for $20

The Independent  

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Sneakerheads, your shoes are worth more than you think
2 years, 1 month ago

Sneakerheads, your shoes are worth more than you think

The Hindu  

Sneakers are athleisure, and now, they are an investment. As Statista reported in April 2021, auction house Sotheby’s sold Kanye West’s Nike Air Yeezy 1 Prototype for $1.8 million, making them the most expensive sneakers ever sold at an auction. Considered the rarest Yeezy sneakers released so far, the Nike Air Yeezy 1 were seen for the first time during …

Adidas To Keep Selling Yeezy Designs After Dropping Kanye West
2 years, 1 month ago

Adidas To Keep Selling Yeezy Designs After Dropping Kanye West

Huff Post  

LOADING ERROR LOADING Adidas may have dropped Ye, but it hasn’t dropped his signature shoe design. Ye’s Yeezy sneakers were an immediate casualty, but now Adidas says it plans to reintroduce the design “as early as 2023” ― under a new brand. We intend to make use of these rights as early as 2023,” Adidas Chief Financial Officer Harm Ohlmeyer …

Kanye West loses billionaire status after Adidas ends Yeezy partnership, according to Forbes
2 years, 1 month ago

Kanye West loses billionaire status after Adidas ends Yeezy partnership, according to Forbes

The Independent  

Sign up to Roisin O’Connor’s free weekly newsletter Now Hear This for the inside track on all things music Get our Now Hear This email for free Get our Now Hear This email for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Kanye West’s net worth has …

Kanye West’s Adidas deal is over - but why did it take so long to cut ties?
2 years, 1 month ago

Kanye West’s Adidas deal is over - but why did it take so long to cut ties?

The Telegraph  

Yeezy-branded clothing typically sells out in minutes from Adidas and its sales were worth between €1.5bn and €2bn per year in revenues to the sportswear company, according to analyst estimates. In deleted posts on Instagram, West said “I have no chill, it’s going to cost you billions to keep me, it’s going to cost you billions to let me go …

Yeezy shoe collectors are ‘panic selling’ following Kanye West’s antisemitic rants
2 years, 1 month ago

Yeezy shoe collectors are ‘panic selling’ following Kanye West’s antisemitic rants

LA Times  

Prices for sneakers and clothes designed by Kanye West, such as these Adidas Yeezys, are falling on resale sites as collectors anticipate the rapper’s antisemitic remarks hurting demand. “People don’t want to be associated with Kanye right now.” That was evident at Cool Kicks, a shoe store and reseller located in one of Los Angeles’ prime sneaker marketplaces on Melrose …

Adidas says its partnership with Kanye West and Yeezy is ‘under review’
2 years, 2 months ago

Adidas says its partnership with Kanye West and Yeezy is ‘under review’

The Independent  

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Kanye West accuses Adidas of copying Yeezy designs: ‘I’m not standing for this blatant copying no more’
2 years, 6 months ago

Kanye West accuses Adidas of copying Yeezy designs: ‘I’m not standing for this blatant copying no more’

The Independent  

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Michael Jordan’s sneakers sell for record-breaking $1.47 million
3 years, 2 months ago

Michael Jordan’s sneakers sell for record-breaking $1.47 million

CNN  

CNN — A pair of Nike Air Ships sneakers worn by Michael Jordan have sold for a record-breaking $1.47 million at auction. The shoes were sold to cards collector Nick Fiorella on Sunday, and set a new world record for the highest price achieved for a pair of sneakers at auction, according to Sotheby’s auction house. Courtesy Sotheby's Kanye West’s …

Michael Jordan sneakers sell for a record $1.5 million
3 years, 2 months ago

Michael Jordan sneakers sell for a record $1.5 million

Live Mint  

A pair of sneakers worn by NBA superstar Michael Jordan early in his career sold for nearly $1.5 million on Sunday, setting a record price at auction for game-worn footwear, Sotheby's said. "The most valuable sneakers ever offered at auction -- Michael Jordan's regular season game-worn Nike Air Ships from 1984 -- have just sold at $1,472,000 in our luxury …

AFL star Dane Swan slams Kanye West's latest Yeezy shoes that are selling for $665
3 years, 3 months ago

AFL star Dane Swan slams Kanye West's latest Yeezy shoes that are selling for $665

Daily Mail  

AFL great Dane Swan is not too happy about Kanye West's newest footwear. 'Kanye dead set taking the p**s now': AFL star Dane Swan has slammed Kanye West's latest $665 Yeezy shoes and says 'he wouldn't even wear them in his coffin' 'Can't be one person on the planet who likes these,' Dane said about the bizarre-looking yellow runners. 'Can't …

Rumors of Kanye West dating Irina Shayk have been swirling for a while
3 years, 6 months ago

Rumors of Kanye West dating Irina Shayk have been swirling for a while

LA Times  

So this Kanye West-dating-Irina Shayk thing, with the birthday trip to France rolled in? Then on Wednesday the Daily Mail declared West and Shayk a couple, producing photos of them taken with the longest of long lenses during what it termed a “romantic getaway” in France. “It’s been going on for a few weeks now.” West, who is in the …

Collectible sneakers: Pair worn by Michael Jordan up for auction
3 years, 7 months ago

Collectible sneakers: Pair worn by Michael Jordan up for auction

Al Jazeera  

Sotheby’s will put the NBA champion’s 1984-1985 Chicago Bulls season sneakers up for auction in May, as enthusiasm for collectible sneakers grows. A pair of red sneakers worn by NBA champion Michael Jordan during the 1984 and 1985 season, at the start of his Chicago Bulls basketball career, is expected to fetch over $100,000 and possibly much higher at an …

Kanye West's Nike Yeezy's From 2008 Grammy Performance Sell For Record-Breaking $1.8 Million
3 years, 7 months ago

Kanye West's Nike Yeezy's From 2008 Grammy Performance Sell For Record-Breaking $1.8 Million

News 18  

A pair of prototype Nikes worn by Kanye West during his performances of “Hey Mama” and “Stronger” at the Grammy Awards in 2008 has shattered the record for a pair of sneakers ever sold. Sotheby’s announced Monday that West’s so-called “Grammy Worn” Nike Air Yeezy 1 fetched $1.8 in a private sale. “We are thrilled with the result, which has …

Kanye West's Yeezy sneakers fetch record USD 1.8 million at auction
3 years, 7 months ago

Kanye West's Yeezy sneakers fetch record USD 1.8 million at auction

India Today  

The Kanye West sneakers that sent athletic shoes strutting down fashion runways sold for USD 1.8 million, a new world record price for a pair of sneakers, Sotheby’s announced on Monday. The American rapper’s 2008 ‘Grammy Worn’ Nike Air Yeezy samples were prototypes for a line developed by West and Mark Smith for Nike. The private sale shattered the current …

Kanye West’s Yeezys just sold for a record-breaking $1.8 million
3 years, 7 months ago

Kanye West’s Yeezys just sold for a record-breaking $1.8 million

CNN  

CNN — Kanye West’s Nike Air Yeezy samples have sold for a staggering 1.8 million in a private sale, making them the most expensive sneakers in the world. The shoes blew past their original valuation of $1 million and fetched the highest publicly recorded price for any pair of sneakers, confirmed Sotheby’s auction house in a statement on Monday. The …

What do stilettos, sneakers and Doc Martens have in common?
3 years, 9 months ago

What do stilettos, sneakers and Doc Martens have in common?

Live Mint  

A vertiginous Christian Louboutin stiletto, a chunky Dr. Martens boot and a wide-strapped Birkenstock sandal. Exor NV, the holding company of Italy’s Ferrari-owning billionaire clan, the Agnellis, announced last week it’s buying almost a quarter of Christian Louboutin SAS in a deal that will give its eponymous figurehead a net worth of at least $1.2 billion, according to data compiled …

Kanye West's latest shoe, the Yeezy 450 in Cloud White, sells out in under ONE MINUTE
3 years, 9 months ago

Kanye West's latest shoe, the Yeezy 450 in Cloud White, sells out in under ONE MINUTE

Daily Mail  

Kanye West can't keep his shoes from flying off the shelves. The Yeezy 450 went on sale in Cloud White after first garnering attention in 2020 when the 43-year-old rapper was spotted wearing their alien-like silhouette in Paris. Yeezy 450: The latest addition to Kanye West's Adidas footwear line sold out in under one minute after being released on Saturday …

Nike sneakers made for Barack Obama are going on sale for $25,000
3 years, 10 months ago

Nike sneakers made for Barack Obama are going on sale for $25,000

The Independent  

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Rare Pair of Nike Sneakers Specially Designed for Former POTUS Barack Obama Goes on Sale for $25,000
3 years, 10 months ago

Rare Pair of Nike Sneakers Specially Designed for Former POTUS Barack Obama Goes on Sale for $25,000

News 18  

There’s a good news for sneaker aficionados. The much coveted Nike shoes worn by the 44th and former President of the United States Barack Obama are up for sale. The Sotheby’s describe the sneakers as deadstock Nike Hyperdunks that are considered one of only two pairs in existence, with the other made for President Obama in 2009. President Barack #Obama …

Yeezy, Meet Gap: Kanye West Announces A New Clothing Line Partnership
4 years, 5 months ago

Yeezy, Meet Gap: Kanye West Announces A New Clothing Line Partnership

NPR  

Yeezy, Meet Gap: Kanye West Announces A New Clothing Line Partnership Kanye West announced a new clothing line partnership with Gap last Friday, causing the retailer's stock to skyrocket. KANYE WEST: Let's go back, back to the Gap. Kanye West is launching a new clothing line with the Gap. BHASIN: Investors hope that Kanye West is going to make Gap …

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