Adidas unveils plans to donate Yeezy stock to charity


Adidas has unveiled plans to donate its remaining Yeezy stock to charity following the sportswear retailer’s fallout with rapper Kanye West last year.

The remaining Yeezy stock holds a value of €1.2bn (£1bn) and Adidas chief executive Björn Gulden told shareholders at the retailer’s annual meeting that destroying the stock “was not the right move”.

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