Adidas won't write off remaining Yeezy inventory, plans to sell 'at least' at cost

Adidas announced Wednesday that it won't write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes "at least" at the cost it paid for them, as the apparel retailer looks to recoup its losses. The German sportswear giant had previously considered writing off about €300 million, or $325 million, in unsold Yeezy inventory after the company cut ties with rapper Ye, formerly known as Kanye West, over a series of antisemitic remarks he made. In its announcement, Adidas sai ...