Ticker: When the shoe don’t fit; Feds launch Tesla investigations
Posted on AllSides March 8th, 2023
From The Right
Adidas is still wrestling with how to dispose of $1.3 billion worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West. The split forced the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. The company’s CEO said Wednesday that selling the popular line of shoes would mean paying royalties to Ye. He says destroying them could raise “sustainability issues,” while restitching them for resale “is not very honest.” Donating them would likely mean a...
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