Adidas to Sell Yeezy Sneakers and Donate Proceeds to Anti-Racism and Social Justice Organizations.
Adidas plans to sell $1 billion worth of Yeezy sneakers and donate the proceeds to anti-hate causes, including the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change, after Kanye West's off-the-rails antisemitic remarks and termination of his deal with Adidas put the stock in limbo.