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Adidas just fired its head of US retail for a 'violation of company policy'...
Jeff Dunn, VP of US retail at Adidas, was terminated from the company on Thursday, according to an email seen by Business Insider.An email sent to Adidas employees on Thursday morning said the...
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Leaked documents show how Adidas is confronting racism internally by banning...
Adidas is banning and reviewing certain phrases used by its workforce.The athletic-wear company announced the changes internally on Monday in a 13-page slide deck sent to North American leadership...
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The Drive-Thru: Retailers scramble to address racism, hundreds of stores and...
Happy Friday! Are you guys tired? I'm tired. It's been a busy week for companies scrambling to finally acknowledge systematic racism that critics have been discussing for years. If you were forwarded...
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The CEOs of GOAT, Stadium Goods, and BUMP outlined the best ways for sneaker...
The sneaker resale industry is thriving in spite of the global pandemic. The CEOs of resale marketplaces GOAT, Stadium Goods, and BUMP have all seen an increase in users joining their sites since the...
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Adidas employees are protesting 'systemic racism' in the US division, and...
Adidas is a global company headquartered in Germany, with major offices across North America and the UK. Some employees say a disconnect between Adidas' American and German headquarters is impeding the...
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'I can't get a seat at the table': Some Adidas workers say limits to...
Adidas is a global company headquartered in Germany, with major offices across North America and the UK and over 60,000 employees across the globe.Business Insider spoke with five former and current...
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The Drive Thru: New bankruptcies, protests at Adidas, and the slow reopening...
Congrats — we're one Friday closer to the end of the month!Like many companies, the BI team was mostly out of the office last Friday to celebrate Juneteenth, but we're back again this week with The...
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Adidas HR chief and board member announces resignation after employees called...
Karen Parkin, an Adidas executive board member based in Germany responsible for global human resources, is resigning.The HR leader announced her decision on Tuesday, following a movement of some...
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A 17-year-old entrepreneur made nearly $500,000 reselling sneakers during a...
Danny Hasbani makes thousands of dollars a month reselling sneakers. The 17-year-old said he generally sells over 1,000 pairs of sneakers a week through resale apps, consignment shops like Fight Club...
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Kanye West's Gap partnership could increase the value of certain Yeezy...
Kanye West is partnering with Gap to sell his Yeezy line in stores in 2021. While the partnership might democratize the previously more exclusive brand, the value of certain Yeezy sneakers could...
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POWER LIST: Here are the 18 most outstanding women transforming the sneaker...
The sneaker industry has long maintained a boy's club, status, often excluding female creatives and fans from its ranks.But now more than ever before, women are finding a place across the industry as...
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Kanye West criticized StockX's minority-filled centers during a visit to the...
With over 40% of its workforce and one-quarter of the company's leaders at the director level and above identifying as BIPOC, StockX, a marketplace for sneakers and streetwear, stands out as more...
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Here are the 10 top-selling sneakers of the year so far, according to an NPD...
Athletic footwear sales declined in in the first half of 2020 in the low teens compared to 2019, according a report from NPD analyst Matt Powell.The report included a list of the top selling sneaker...
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Adidas posted losses of nearly $400 million in the second quarter, despite...
Adidas posted a second-quarter loss of 333 million euros ($394 million) and a 35% sales decline, as most of its stores remained shut.Despite a challenging quarter, the sportswear giant saw a 93% jump...
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A sneaker reseller who brought in $500,000 in sales since January reveals...
Gautam Malik is a 20-year-old who pulls in thousands of dollars reselling shoes.The entrepreneur and student brought in half a million in sneaker sales since January, according to documentation...
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A 16-year-old who made $125,000 in sneaker sales reveals his pro tips for...
Summary List PlacementShaan Jasti might be a teenager. But the 16-year-old has already set up his own business selling sneakers in bulk.The soon-to-be high-school senior has pulled in more than...
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Exclusive sneaker resale groups make millions by paying insiders to leak...
Summary List PlacementAK Chefs is one of the top sneaker "cook groups" around.The exclusive group charges its 1,600 members a $50 monthly fee in return for a stockpile of insider knowledge and tools to...
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An eBay exec explains how the platform is poaching sneakerheads from StockX...
Summary List Placement eBay likes to describe itself as the originator of the sneaker resale game. Now, it's trying to become the best in the industry.As the sneaker resale market continues to grow,...
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How a self-taught developer with no formal training made $700,000 in sales...
Summary List Placement There are many entry points into the sneaker resale market that can lead to immense profitability. For Iwan Jeffery, software development was his golden ticket.The 21-year-old is...
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Inside the controversial underworld of sneaker 'bots,' where coded scripts...
Summary List PlacementBots are one of the more controversial parts of the sneaker resale world.While some resellers swear by the software applications that expedite the online checkout process, others...
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