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Will Adidas destroy, donate or sell off its Yeezy sneaker stock?
17 days ago | By Fashion United
Image: Adidas, Kanye West 2022 was not a good year for Adidas. With slowing sales in China, a sanctioned Russia and a Yeezy crisis, 2023 has already been christened with a probable operating loss of 700 million euros. This is largely due to the mountain of Yeezy stock Adidas has to reconcile.
The options are limited.
Selling the stock would lessen the losses but no doubt cause a new public relations disaster to its already fragile reputation, as the goods are ‘tainted' with anti-Semitic sentiment.
Burning the stock to remove it from the marketplace, as Burberry did to unsold items in 2018...
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How Will Smith's slap will be addressed at Oscars 2023
17 days ago | By New York Post
The Oscars 2023 team is prepared for a crisis after last year's slap left viewers dumbfounded.
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