Adidas plans to sell leftover Yeezy merch and donate proceeds to charity
CBSN
Adidas has spent months trying to decide what to do with $1.2 billion worth of unsold Yeezy brand merchandise that has been piled up in its warehouses.
At one point, the company thought about torching all of it but that option never materialized, CEO Bjørn Gulden said this week.
"Burning is not the solution," he said Thursday during the Adidas annual shareholders' meeting.
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