Adidas reveals plans for unsold Kanye West footwear ...News

The sportswear giant has $1.3 billion in unsold ‘Yeezy’ stock in storage after ending its partnership with the rapper last year Adidas says that it will sell off some of its remaining ‘Yeezy’ stock which was produced in collaboration with Kanye West and will donate some proceeds to groups affected by antisemitic comments made by the rapper last year, the sportswear brand said on Thursday.  “Burning the goods is not the solution,” Adidas chief executive Bjorn Gulden told investors at its annual shareholder meeting in Germany on Thursday. “What we are trying to do now over time is to sell parts of this merchandise a

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