Ted Stoner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mary Lou Stoner, 83, of Manheim, passed away on March 15, 2024. Born to Wayne and Ruth Wood, Mary Lou pursued her passion for education, earning a Bachelor of Arts

Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organizations, CEO Bjoern Gulden said on Thursday. The German sportswear giant has been in a predicament over the Yeezy stock since it cut ties with West over his anti-Semitic comments late last year, with the controversy weighing on its stock and hitting its bottom line. Millions of Yeezy brand shoes with a retail value of 1.2 billion euros ($1.3 billion) are sitting in storage after their sale was put on hold.

Adidas to sell Yeezy stock and donate proceeds to charity after ending partnership with Kanye West following his anti-Semitic remarks.

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Adidas will sell some of the merchandise from its defunct Yeezy partnership with rapper Kanye West and donate part of the proceeds to international organizations, CEO Bjoern Gulden said on Thursday.