Tennis Shoes photograph

Tennis Shoes

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Originally published December 1937
Authors Noel Streatfeild
GenresFiction
Followed by The Circus is Coming
Preceded by Ballet Shoes
Date of Reg.
Date of Upd.
ID2530526
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About Tennis Shoes


The Heath children have decided to play tennis, after saving hard for their equipment they enter the local junior tennis tournament. But the suprise to all the family is that lazy Nicky is the best player of all. Will she win the big championship?

Kanye West Yeezy loss is hurting us, admits Adidas

May 6,2024 6:25 pm

Adidas has said the ending of its collaboration with Kanye West is " hurting" The Business , with sales in North America hard hit.

The sportswear giant cut its ties with with the designer and rapper, known as Ye, late Last Year after he posted anti-Semitic comments on Social Media .

West designed trainers under the Yeezy brand and Adidas said The Loss of The Business cut sales by €400m (£350m) in The First quarter of the year.

Overall, total revenue fell by 1%.

Despite The Dip , the figures were better than analysts had been expecting and Adidas said that sales were up 9% when the impact of the Yeezy business was excluded.

Adidas said it was benefiting from the current trend for " terrace" style trainer and was seeing " extraordinary demand" for its Samba, Gazelle and Campus brands.

While it had limited supply of these shoes at the start of the year, Adidas said it would increase production in The Coming months.

In its latest results, Adidas said sales in North America had fallen by 20% as the region was particularly affected by the ending of the Yeezy business.

Adidas chief executive Bjorn Gulden said The Loss of Yeezy is " of course hurting us".

The Company scrapped its tie-up with West in October Last Year following the rapper's anti-Semitic comments. At The Time , The Firm said: " Adidas does not tolerate antisemitism and any other sort of hate speech. "

Adidas said that if it decided not to " repurpose" its remaining unsold Yeezy stock, this would hit its operating profit by €500m this year.

The Company is being sued by investors who claim Adidas knew about Kanye West 's problematic behaviour years before it ended their partnership.

Investors allege Adidas failed to limit financial losses and take precautionary measures to minimise their exposure.

In response, Adidas said it rejected " these unfounded claims" adding that it would take " all necessary measures to vigorously defend ourselves against them".

Despite The Drop in overall sales during The First three months of the year, Adidas reported a higher-than-expected operating profit of €60m.

Strong demand for its football, running and Tennis Shoes helped footwear revenues grow by 1%.



Source of news: bbc.com

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