Adidas Seeks Next Yeezy Shoes Sale From Inventories In August

Adidas AG ADDYY plans to sell more Yeezy shoes globally from its inventories throughout August. 

From the proceeds, the company will donate significantly to selected organizations working to combat discrimination and hate, including racism and antisemitism.

The range available will include some of the most popular existing designs, including the YEEZY BOOST 350 V2, 500, and 700 and the YEEZY SLIDE and FOAM RNR.

Also Read: Adidas Receives Orders Worth $565M For Massive Unsold Yeezy Inventory: Report

With the first set of inventory stock released in May, the second round in August would feature products from 2022, the company said.

Since terminating the YEEZY partnership in October, Adidas has been exploring multiple scenarios for the potential use of the existing YEEZY inventory. 

Also See: Adidas Teams Up With Kanye Again To Sell Leftover Yeezys Rather Than Burning Them

Price Action: ADDYY shares were up by 2.68% to $101.78 on the last check Friday.