Adidas Announces Sale of Yeezy Shoes and Charitable Donation Months After Split with Kanye West

Adidas CEO Bjorn Gulden announced on Thursday that the company plans to sell its unsold inventory of Yeezy shoes and donate the proceeds to charity. The decision comes after Adidas cut ties with rapper and designer Kanye West, formerly known as Ye, over his antisemitic remarks. Gulden stated that the company spent months considering options…

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Gear Up for Rugged Climates with Nike Air Force 1 Low “Hangul Day” and GORE-TEX Innovation!

Nike has a long history in Korea, most recently manifesting itself in the form of innovative retailconcepts like Nike Rise and Nike Style in the Hongdae district. The Beaverton business is creating aweather-resistant homage to the 15th-century invention of the Korean alphabet in honor of Hangul Day,which is observed in early October. The Air Force…

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Adidas CEO states that the company has yet to make a decision regarding the $1.3 billion worth of unsold Yeezys

Adidas’ CEO, Kasper Rorsted, who previously held the same position at Puma, revealed that the company is still grappling with the complex issue of dealing with $1.3 billion worth of unsold footwear resulting from a previous collaboration with rapper Kanye West. Adidas terminated the deal with West in October after he made repeated antisemitic comments….

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