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Adidas To Donate Proceeds From Yeezy Inventory To George Floyd’s Family Foundation

May 22, 2023

Keeta Floyd, Philonise Floyd, Attorney Ben Crump (R)
Philonise Floyd (C) raises his fist as he leaves the Hennepin County Government Center with Keeta Floyd (L) and Attorney Ben Crump (R) on April 5, 2021 in Minneapolis, Minnesota. The Derek Chauvin murder trial continues today, the former Minneapolis Police officer is accused of multiple counts of murder in the death of George Floyd in May, 2020. Stephen Maturen/Getty Images
Adidas Sneakers
Shoes are offered for sale at an Adidas store on February 10, 2023 in Chicago, Illinois. Adidas is expecting to report a loss in 2023 after terminating a lucrative deal with rap artist Ye (formerly Kanye West) after he made a series of antisemitic and racist remarks. The company is now trying to decide what to do with $1.3 billion of the artist’s unsold Yeezy branded merchandise. Scott Olson/Getty Images

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