Adidas Donate $120 Million by $437 Million Sale of Yeezy

Adidas Donate $120 Million by $437 Million Sale of Yeezy

In June 2023, Adidas announced that it would be donating a portion of the proceeds from the sale of its Yeezy sneakers to anti-hate groups. The company had recently ended its partnership with Kanye West, the rapper and fashion designer who had created the Yeezy line, and was looking to offload the remaining inventory of…