Adidas still has $1.3 billion of Yeezy sneakers — and is trying to figure out what to do with them.
formerly known as Kanye West, and boxes of his popular Yeezy shoes are still piled up in warehouses.
But with"so many interested parties" involved in the discussions, no decision had yet been reached, he said.ending its relationship with Ye in OctoberGulden, who became CEO in January after the Ye split, declined to say if destroying the shoes had been ruled out but that the company was"trying to avoid that."
Operating profit, which excludes some items like taxes, was down to 60 million euros from 437 million euros a year earlier.
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