$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West&#8217;s Yeezys

$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West&#8217;s Yeezys - Netflix Junkie

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Riva Khan is an entertainment reporter at NetflixJunkie. Given her love for the language and writing, she has honed her narrative skills from a young age. She loves her latest tea in Hollywood and keeps an eye on the news. This is what drives her as a writer. Having written numerous articles for publications like Times of India and Indian Express, her expertise is in reporting news with objectivity and a bit of fun. In her spare time, you will find her with a few paintbrushes and a canvas, attempting to pour her emotions and thoughts into the strokes of paint. When not painting, she will likely be revisiting some of her favorites like Stranger Things, Money Heist, and Squid Game in series or re-reading Khaled Hosseni's A Thousand Splendid Suns or Paulo Coelho's The Alchemist.

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$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West&#8217;s Yeezys - netflix-junkie

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<a href="https://www.netflixjunkie.com/tag/kanye-west">Kanye West</a> and his controversial anti-Semitic comments not only led to his suspension from Twitter but also triggered a significant fallout with Adidas, his longtime collaborator. The renowned German brand swiftly severed ties with West, ending a decade-spanning partnership. The aftermath didn&#8217;t stop there, as he was subsequently removed from Forbes&#8217; list of billionaires. Interestingly, to West&#8217;s relief, Adidas opted to restock its Yeezy inventory in an effort to clear unsold stock.
However, defying expectations, a different brand chose to take a contrasting stance compared to Adidas, opting not to restock Yeezys.
<h2>The brand that made a bold departure from Yeezys</h2>
In an intriguing turn of events, while Adidas embarked on a meticulous restocking strategy for their unsold Yeezys, another brand took a strikingly different route. This brand, valued at an impressive $2.64 billion, chose to forego the Yeezy restock option. <a href="https://www.netflixjunkie.com/music-news-adidas-five-hundred-and-sixty-five-million-dollars-sale-of-yeezy-assure-kanye-west-to-claim-a-significant-sum-of-money-from-the-thirty-nine-billion-worth-giant/" target="_blank" rel="noopener">Adidas on the other hand received a colossal order</a> worth $565 million for a whopping 4 million pairs of unsold Yeezys. Interestingly, Footlocker, which had initially intended to proceed with the restock, later reversed its decision due to mounting backlash and reservations.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
Foot Locker will not Restock Yeezys <a href="https://t.co/vupYDmUMep">pic.twitter.com/vupYDmUMep</a>
&mdash; Daily Loud (@DailyLoud) <a href="https://twitter.com/DailyLoud/status/1689608224633188353?ref_src=twsrc%5Etfw">August 10, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Footlocker is steering clear of controversies and backlash, staunchly standing against any form of antisemitic or hateful behavior. While maintaining its steadfast partnership with Adidas, Footlocker has chosen to distance itself from any forthcoming Yeezy releases. Interestingly, even the proposed solution of channeling sales proceeds toward anti-hate groups failed to sway Footlocker&#8217;s decision.
ALSO READ: <a href="https://www.netflixjunkie.com/music-news-just-days-after-adidas-raised-millions-from-yeezy-drake-disses-the-kanye-west-brainchild-at-the-milwaukee-concert/" target="_blank" rel="noopener">Just Days After Adidas Raised Millions from Yeezy, Drake Disses the Kanye West Brainchild at the Milwaukee Concert</a>
Amid these developments, the question arises: Will Adidas continue producing Yeezys without West&#8217;s involvement?
<h2>Yeezy&#8217;s future unveiled without Kanye West</h2>
Adidas has asserted its ownership of the Yeezy line, yet the German brand has tactfully acknowledged that while they have the legal right to take full control, the current timing would not be appropriate. This intriguing stance leaves a subtle door ajar for potential future collaborations between Adidas and the Yeezy line, as per Complex.
<figure id="attachment_93208" aria-describedby="caption-attachment-93208" style="width: 1764px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-93208 size-full lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-scaled.jpg" alt="Kanye West" width="1764" height="2560" data-sizes="auto" data-srcset="https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-scaled.jpg 1764w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-207x300.jpg 207w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-705x1024.jpg 705w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-768x1115.jpg 768w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-1058x1536.jpg 1058w, https://www.staging.netflixjunkie.com/wp-content/uploads/2023/02/imago0171151274h-1411x2048.jpg 1411w" sizes="(max-width: 1764px) 100vw, 1764px" /><figcaption id="caption-attachment-93208" class="wp-caption-text">Credits: Imago</figcaption></figure>
While the possibility of a future Adidas Yeezy line remains, it is worth noting that it won&#8217;t be making an appearance anytime soon. Regarding the unsold stock dilemma, Adidas had an alternative approach instead of simply discarding it. They opted for a more meaningful gesture by donating the proceeds from the sales to an anti-hate group, showcasing their commitment to a worthy cause.
ALSO READ: <a href="https://www.netflixjunkie.com/music-news-with-a-substantial-eighty-five-percent-kanye-west-owned-yeezys-helped-adidas-have-a-highly-profitable-q-two/" target="_blank" rel="noopener">With a Substantial 85 Percent Kanye West Owned Yeezys Helped Adidas Have a Highly Profitable Q2</a>
Do you think that Footlocker made the right decision to not restock Yeezys? Let us know in the comments below.

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NEW YORK, NEW YORK &#8211; NOVEMBER 07: Kanye West speaks on stage at the &#8220;Kanye West and Steven Smith in Conversation with Mark Wilson&#8221; at the on November 07, 2019 in New York City. (Photo by Brad Barket/Getty Images for Fast Company)

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Discover the intriguing decision of a $2.64 billion sportswear brand as against Adidas to refrain from restocking Yeezys from Kanye West

$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West's Yeezys - Netflix Junkie

Riva Khan is a Hollywood News writer at Netflix Junkie with 500+ articles under her belt. She is an in-house Sydney Sweeney expert, with her coverage largely consisting of the actress’s Madame Web and Anyone But You updates or her private life. Having written numerous articles for premier news publications, her expertise is in reporting news with objectivity and a bit of fun. In her spare time, you will find her with a few paintbrushes and a canvas, attempting to pour her emotions and thoughts into the strokes of paint.

Riva Khan

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$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West&#039;s Yeezys

https://www.netflixjunkie.com/music-news-two-sixty-four-billion-worth-sportswear-brand-will-not-be-restocking-kanye-west-yeezys/

$2.64 Billion Worth Sportswear Brand Will not be Restocking Kanye West’s Yeezys

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