The company is donating some of the profits to groups fighting antisemitism and fighting for social change.
Adidas CEO Bjørn Gulden said in May that selling the popular sneakers and donating some of the profits was the best solution to deal with the unsold inventory and make a difference. He said the company spoke with nongovernmental organizations and groups that were harmed by Ye’s comments and actions.
Adidas declined to give details on numbers of shoes that would be released for sale and how much of the proceeds would be donated. Asked if Ye would receive royalties from the sales, the company would only say that “we will honor our contractual obligations and enforce our rights but will not share any more details.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Adidas Sets Next Drop of Yeezy Products for Early AugustSneakers from the German sportswear brand’s cancelled collaboration with controversial star Kanye West remain extremely popular.
Read more »
Bad Bunny Collaborates With Adidas on Fresh Pair of Everyday Kicks: Where to Score a PairThe new Bad Bunny sneakers are coming and there are a few ways to get a pair of your own. Learn more here.
Read more »
Chicago Bears cancel Wednesday's open training camp due to ‘very poor air quality'As poor air quality in the Chicago area lingers, the Chicago Bears moved to cancel their open training camp Wednesday, an alert from the team said.
Read more »
Austin weather: Triple-digit heat to stay below record Wednesday34 days in the triple-digits and counting. Today will make 35. When will we break this hot streak? Zack Shields has the full forecast.
Read more »
WATCH LIVE: Trial continues Wednesday for man accused of killing HS girlfriend's husband in DallasWATCH LIVE: Trial continues Wednesday for a man accused of driving to Dallas to kill his high school girlfriend's husband in a murder-for-hire plot.
Read more »