Adidas struggles to repurpose unsold Yeezys, blames Kanye split for losses.

1 min read
Source: NPR
Adidas struggles to repurpose unsold Yeezys, blames Kanye split for losses.
Photo: NPR
TL;DR Summary

Adidas has yet to release a plan on how it will repurpose the piles of unsold Yeezy merchandise, more than six months after cutting ties with Kanye West. The delay has frustrated investors, who filed a class-action lawsuit against Adidas earlier this week. Adidas CEO Bjorn Gulden said the company is working on different options and that there are three or four scenarios now building. A repurpose plan could be approved in the "mid-term in the future."

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