George Floyd Philonise Floyd Germany Adidas social reports donates rapper Fighting action George Floyd Philonise Floyd Germany Adidas

Adidas To Release Second Batch Of Yeezy Sneakers After Breakup With Ye

Reading now: 160
etcanada.com

Adidas said Friday that it is releasing a second batch of high-end Yeezy sneakers after cutting ties with rapper Ye, formerly known as Kanye West, as the German sportswear brand seeks to unload the unsold shoes while donating to groups fighting antisemitism.

The online sale, to start Wednesday through Adidas smartphone apps and its website, follows an earlier set of sales in May. Models that will be available include the Yeezy Boost 350 V2, 500, and 700 as well as the Yeezy Slide and Foam RNR.

The company cut ties with Ye in October after he made antisemitic and other offensive remarks online and in interviews. That left Adidas holding 1.2 billion euros ($1.3 billion) worth of unsold Yeezys and searching for a responsible way to dispose of them. READ MORE: Kim Kardashian Weeps, Says She ‘Feels So Bad’ For Ex Kanye West Amid Anti-Semitic Comments 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. Part of the profits from the sales of the Yeezy shoes will go to the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change, run by social justice advocate Philonise Floyd, the brother of George Floyd.

Read more on etcanada.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA