Get all your news in one place.
100's of premium titles.
One app.
Start reading
WEKU
WEKU
Business
Juliana Kim

Unsold Yeezys collect dust as Adidas lags on a plan to repurpose them

Adidas cut ties with Ye, formerly known as Kanye West, back in October after the rapper made antisemitic comments. (Joe Raedle/Getty Images)

More than six months after Adidas cut ties with Ye, formerly known as Kanye West, the sportswear giant has been slow to release a plan on how it will repurpose the piles of unsold Yeezy merchandise — fueling frustrations among investors.

"We are working on different options," Adidas CEO Bjorn Gulden said in an investor's call on Friday. "The decisions are getting closer and closer."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.