update deskWorld News

Adidas says it will donate $152 million from sales of Kanye West shoes

The German shoe giant was stuck with $1.3 billion worth of “Yeezy” shoes after it cut ties with the antisemitic rapper who goes by Ye.

Adidas Yeezy (Kanye West, Ye) Boost sneakers. Credit: Tonyninetyone/Shutterstock.
Adidas Yeezy (Kanye West, Ye) Boost sneakers. Credit: Tonyninetyone/Shutterstock.

Adidas has already donated or plans to give some $152 million to groups countering hate, including antisemitism, after it was left with about $1.3 billion worth of “Yeezy” shoes.

The German athletic apparel company cut ties with Kanye West, who goes by Ye, in the wake of his antisemitic remarks.

The company announced the prior and intended donations on Wednesday, the Associated Press reported

The AP added that some of the donations have gone to the Anti-Defamation League.

The $152 million represents about 46% of Adidas’s profit on the shoes.

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