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adidas Selling Off Yeezy's π
After much controversy and negative press surrounding Kanye West, adidas has decided that it was sell off its $1B stockpile of Yeezy sneakers. Wonder if anyone buys them...π¬ (2 min read)

Photo by Paco Freire/SOPA Images/LightRocket via Getty Images
Yeezyβs Are Back
Amid much controversy and negative press, adidas and Kanye West will once again sell Yeezy sneakers π
Adidas announced that it will sell its $1B stockpile of Yeezy sneakers and donate the proceeds to charity.
After breaking ties with West in October over his antisemitic remarks, Adidas faced a dilemma with what to do with the unsold stock, seeing its first annual loss in 31 yrs
β Morning Brew βοΈ (@MorningBrew)
6:44 PM β’ May 11, 2023
Many folks wonβt be happy about this, and will feel as though both Kanye and adidas are getting off easy. Kanye is entitled to 15% of all sales, and portions of the proceeds will be donated to charity π
Adidas says it will sell off their remaining Yeezy Stock.
Adidas terminated its partnership with Kanye West in October after he made several antisemitic comments.
Money from the sales will be donated to charities representing communities "hurt" by West's remarks.
β B/R Kicks (@brkicks)
3:01 PM β’ May 11, 2023
That being said though, I donβt think Yeezy is actually back - they arenβt going to make anymore new models and the hype will never been the same as it once was π
Ye will be entitled to previously agreed commissions of 15% of Yeezy's turnover.
β RH (@RihYe_)
1:14 PM β’ May 11, 2023
Crazy to think that the shoe that basically revitalized the sneaker resale market will soon be a thing of the past. Short and sweet today, enjoy the weekend π

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