Find in the news:

Adidas makes ethical move to sell, not burn, excess Yeezy inventory

The German sports giant promises to donate the funds raised to charity.

Adidas decided not to burn the remains of goods from the Yeezy collections but to send them for sale. The German sports giant promises to donate the funds raised to charity to organizations affected by Kanye West's statements.

It was initially reported that Adidas was considering destroying all stock of Yeezy, but later the company decided to abandon this idea. Conservationists pointed out that significant damage could be done to nature.

"For the last four months, we have been trying to find solutions on what to do with it. Burning the goods is not the solution. Now, talking to all the NGOs, and a lot of organizations that have been hurt by Kanye, they all say, 'No, that's not the solution,'" commented in Adidas.

The company stressed that the decision to terminate the contract and stop cooperating with Kanye West was correct. After the breakup the company received about 500 offers for the remainder of the Yeezy collections, and the refusal to sell them brought Adidas enormous losses. The total value of the sneaker inventory is about $500 million, and the sales value would have been more than $1 billion.

"What we are trying to do now over time is to sell parts of this inventory and donate money to the organizations that are helping us and that was also hurt by Kanye's statements. When we will do that and how we will do that is not clear yet, but we are working on those things. But I think burning the products is not the point. And we will update you as soon as that decision is made." added Adidas.

More about shopping malls in Germany

TODAY, France:
Nicolas Houzé, CEO of Galeries Lafayette, has outlined ambitious growth plans for 2024.
Mango’s growth strategy also encompasses 15 new boutiques in Italy this year.
Miniso remains poised to expand its presence and consolidate its brand in the European retail landscape.
Jun 17, 2024, USA:
Lanvin has introduced its latest venture at South Coast Plaza.
Jun 14, 2024, USA:
Global superstar Rihanna unveiled her latest venture, Fenty Hair.
Jun 13, 2024:
The next European implementation will take place in Hamburg.
and Follow
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza

Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by administrator.


Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by administrator.

Sign in
Sign in please, if you already have an account


Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please. Team
Thank you for message!
In the near future you will be contacted the manager
for further details. Team
Good mall, bro!
In the near future you will be contacted the manager
for further details. Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details. Team

Write to us