Adidas has been unable to sell its inventory of Yeezy sneakers worth more than $500m after cutting ties with Kanye West, a new report says.
The German sportswear brand is now trying to sell the Yeezy items under its own brand name “minimise potential losses,” according to the Financial Times. The publication also said Yeezy accounted for 7 per cent of Adidas sales this year, totaling $1.8bn in sales.
