Adidas announced plans to slash its dividend and declared 2023 a “transition year” on Wednesday, as the company struggles to reposition itself after terminating its lucrative partnership with Kanye West […]
sneakers
Trending topics and news from the sneakers category
Back to news homeWhy Nike Can Afford to Drop Kyrie Irving, Exerts Say
Nike is facing plenty of challenges this year.A glut of sneakers and sports clothing has built up in recent months, leading to concerns that Nike will have to heavily mark […]
Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu
Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group […]
This Week in Apps: WWDC Prep, F8 recap, TikTok goes after biometric data
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with […]
Hear how StockX brought the sneaker scene to Detroit
At TechCrunch’s Detroit City Spotlight this week, I sat down with Rae Witte, the journalist behind the StockX EC-1. TechCrunch’s EC-1 push allows individual authors to go deep on a […]
China’s Anger at Foreign Brands Helps Local Rivals
Tim Min once drove BMWs. He considered buying a Tesla.Instead Mr. Min, the 33-year-old owner of a Beijing cosmetics start-up, bought an electric car made by a Chinese Tesla rival, […]
Investment Mania: From Crypto Art to Trading Cards
“Most people are cheering, but at the same time, shaking their heads and going, when is the bust coming?” said Jane Leung, the chief investment officer at SVB Private Bank.One […]