Yeezys have gone from Adidas’s dream partnership to a financial nightmare in the last few years, and their ghost (or rather, excess stock) continues to haunt the German sports brand. Adidas has had a challenging 12 months reeling from its severed partnership with rapper Kanye West, who launched Yeezys back in 2015. It posted its first net loss in over 30 years for 2023, while CEO Bjørn Gulden tries to get the company back on track. The loss of €58 million ($63.4 million) last year compared to a net income of €254 million ($277.61 million) in 2022, marking Adidas’s first...