Addidas plans to sell Kanye West's Yeezy shoes and donate proceeds to charity

Adidas has finally come up with the plan to start moving its huge stock on unsold Yeezy shoes out of warehouses. The brand announced it's still going to sell the shoes designed by rapper Yeh, also known as Kanye West, and then donate the proceeds to charity. Yeezy's used to be among Adidas best-selling merchandise until the company cut ties with the rapper following his anti-semitic comments. Well, Adidas estimates its inability to sell the stock for so long will cost them upwards of one billion dollars by the end of the year.

KCAL News Mornings