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Adidas said Wednesday that it's donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year after it severed ties with Ye, the rapper formerly known as Kanye West. The German sportswear brand had 1.2 billion euros ($1.3 billion) worth of popular Yeezy sneakers piled up in warehouses after it broke off its partnership with Ye in October 2022 over his antisemitic and other offensive comments on social media and in interviews. Adidas decided to sell some of the remaining shoes in batches, with two releases last year and another that launched late last month, and donate a portion of the proceeds to anti-hate groups. ....
Adidas donates to anti-hate groups on strength of Yeezy trainer sales jerseyeveningpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jerseyeveningpost.com Daily Mail and Mail on Sunday newspapers.
Yeezy Shoe Sales Lead Adidas to $150 Million in Donations to Anti-Hate Groups usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Adidas reported the huge €75million loss in 2023 today after cutting ties with Kanye West in 2022 after he triggered an outcry with a series of anti-Semitic social media posts. ....
Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups nbcnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnews.com Daily Mail and Mail on Sunday newspapers.