Adidas Plans to Sell Remaining Yeezy Inventory, Donate Proceeds to Charity

Adidas will sell its remaining Yeezy merchandise and donate the proceeds to charity after ending its partnership with Kanye West.
Adidas considered destroying the unsold inventory but decided against it due to environmental and financial concerns.
The sale of the inventory could help minimize substantial financial losses for Adidas due to the termination of the Yeezy partnership.
Adidas CEO Bjorn Gulden announced the plan but did not specify which charities will receive donations or when the sales will start.
The decision comes after Adidas faced backlash for its partnership with West despite knowledge of his problematic behavior and controversial statements.