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Adidas to start selling stockpile of Yeezy sneakers later this month
- Adidas will sell more than $1 billion worth of leftover Yeezy sneakers starting later this month.
- Proceeds from the sales will be donated to the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change.
- The move has no immediate impact on Adidas' financial guidance for 2023.
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75 Articles
Adidas to start selling stockpile of Yeezy sneakers later this month
NEW YORK (AP) — Adidas said Friday that it will begin selling its more than $1 billion worth of leftover Yeezy sneakers later this month, with the proceeds to be donated to various anti-racism groups. The German sportswear brand said recipients will include the Anti-Defamation League, which fights antisemitism and other forms of discrimination, and the Philonise & Keeta Floyd Institute for Social Change, run by social justice advocate Philonise …
·Miami, United States
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Total News Sources75
Leaning Left30Leaning Right4Center30Last UpdatedBias Distribution47% Left, 47% Center
Bias Distribution
- 47% of the sources lean Left, 47% of the sources are Center
47% Center
L 47%
C 47%
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