Everything You Need To Know From The Yeezy 750 Boost Presentation

Listen up, sneakerheads: after weeks of speculation and anticipation, Kanye West is unveiling his Yeezy 750 Boosts today in NYC. FADER editor-in-chief Naomi Zeichner is already there and dutifully waiting in line to enter the presentation, which sounds like it'll be awfully loaded with stuff—and lo and behold, someone's already rocking the Yeezys in line:

Anna Wintour already got in the building and has set up shop, too:

ANNA WINTOUR in the building #YEEZY pic.twitter.com/hZsSsYvY4t
— KKW (@MolestMeKardash) February 12, 2015

And so is Justin Bieber, who's looking a little bit like Michael Jackson:

"We not doing red no more" Justin Bieber shows up in a red jacket pic.twitter.com/kSgnTI02uG
— SoleCollector.com (@SoleCollector) February 12, 2015

Kylie Jenner was rocking them this morning:

So has Rihanna:

Rihanna, too. http://t.co/u5aUTF2Uht #YEEZYBOOST pic.twitter.com/oS48Y9unbj
— Complex (@ComplexMag) February 12, 2015

Kylie leaving her hotel in NYC today. #YEEZYBOOST 😍🙌 pic.twitter.com/jH4tJ2rnQ0
— Kim Kardashian Pics (@kimkpictures) February 12, 2015

Apparently, the livestream happening in theaters across the country has already begun, but no word yet on if anything has kicked off yet inside. We'll be updating as it goes.

UPDATE 2/12/15 4:44 p.m.: Adidas has unveiled the official commercial breaking down the Yeezy 750 Boosts, check it out below:

And here's some more official images of the shoes:

more official adidas images of the yeezy boost pic.twitter.com/c1nqA44DTp
— Four Pins (@Four_Pins) February 12, 2015

UPDATE 2/12/15 4:49 p.m.: Some images of Kanye's clothing line with Adidas are getting out there:

Kanye X Adidas pic.twitter.com/rFHL6HLNWP
— Xavi (@XavierColin69) February 12, 2015

#YeezySeason @adidasoriginals pic.twitter.com/LYM2Bh3GC0
— Jordan Dean (@LordDeansick) February 12, 2015

Reports are emerging that the retail price for the Yeezy 750 Boosts are $350:

Adidas Yeezy 750 Boost drops Feb. 14th. Retail will be $350 pic.twitter.com/9qguj0qrJR
— Sneaker Shouts™ (@SneakerShouts) February 11, 2015

UPDATE 2/12/15 4:54 p.m.: Looks like Kanye's doing a second shoe with Adidas, called the YZY Boost:

The 2nd shoe Kanye is dropping with Adidas. The YZY Boost. pic.twitter.com/WpBUVr08Vx
— black (@sweetyeezus) February 12, 2015

Diddy's there too, apparently:

Diddy is best dressed at Yeezy show but he might not realize it
— RIP Duster (@atrak) February 12, 2015

Looks like North was bounced from the event, though:

kim just had north dropped off backstage because she was crying
— L.A.S (@SartoriallyInc) February 12, 2015

UPDATE 2/12/15 5:01 p.m.: Wow, Kanye's apparently debuting the first track from his new album, "Wolves" featuring Vic Mensa and Sia:

YO NEW KANYE MUSIC pic.twitter.com/KYFuT7xmh4
— Dynamics • £ (@theDYNAMICS) February 12, 2015

"I'm here to crack the pavement and make new ground." - Kanye
— Four Pins (@Four_Pins) February 12, 2015

Here's what sounds like a snippet of new Kanye music:

Kanye feat @vicmensa & sia - Wolves
A video posted by djsemtex (@djsemtex) on Feb 12, 2015 at 1:59pm PST

A new tune for Kanye West
A video posted by Patrik Sandberg (@patriksandbergvevo) on Feb 12, 2015 at 2:09pm PST

UPDATE 2/12/15 5:16 p.m.: Here's a low-quality recording of "Wolves":

"Wolves" was produced by Cashmere Cat and Sinjin Hawke:

kanye just played a new song at his fashion show in new york,produced by me and @sinjin_hawke this is literally my biggest dream come true
— CASHMERE CAT (@CASHMERECAT) February 12, 2015

Here's some more photos from the event:

pic.twitter.com/xBGVoGcjez
— Complex (@ComplexMag) February 12, 2015

Watch Kanye West's full adidas presentation including new song "Wolves."

UPDATE 2/13/15 9:47 a.m.: Now you can watch the whole video of the Yeezy 750 Boost presentation. Watch it above.