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Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups

LONDON (AP) — Adidas said Wednesday that it's donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year after it severed ties with Ye , the rapper former

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Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups - Medicine Hat NewsMedicine Hat News

Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups - Medicine Hat NewsMedicine Hat News
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Yeezy shoe sales lead Adidas to plan to donate $150 million

Yeezy shoe sales lead Adidas to plan to donate $150 million
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Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups

Adidas said Wednesday that it's donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year after it severed ties with Ye, the rapper formerly known as Kanye West. The German sportswear brand had 1.2 billion euros ($1.3 billion) worth of popular Yeezy sneakers piled up in warehouses after it broke off its partnership with Ye in October 2022 over his antisemitic and other offensive comments on social media and in interviews. Adidas decided to sell some of the remaining shoes in batches, with two releases last year and another that launched late last month, and donate a portion of the proceeds to anti-hate groups.

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Adidas donating $150 million from Yeezy shoe sales to anti-hate groups

Adidas donating $150 million from Yeezy shoe sales to anti-hate groups
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Yeezy Shoe Sales Lead Adidas to $150 Million in Donations to Anti-Hate Groups

Yeezy Shoe Sales Lead Adidas to $150 Million in Donations to Anti-Hate Groups
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Adidas donates to anti-hate groups on strength of Yeezy trainer sales

Adidas donates to anti-hate groups on strength of Yeezy trainer sales
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Yeezy come, Yeezy go! Adidas reports first financial loss for many years as a result of ending its deal with Kanye West - losing €75million in 2023 after a €612m profit the year before

Adidas reported the huge €75million loss in 2023 today after cutting ties with Kanye West in 2022 after he triggered an outcry with a series of anti-Semitic social media posts.

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Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups

Yeezy shoe sales lead Adidas to $150 million in donations to anti-hate groups
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