Adidas says it may write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West.

Adidas says it will begin selling its more than $1 billion worth of unsold Yeezy sneakers later this month.

Adidas says it will try to sell a portion of its remaining Yeezy shoe inventory and donate the proceeds to charitable organizations.

Adidas still hasn't figured out what to do with $1.3 billion worth of high-end Yeezy sneakers after splitting with the rapper formerly known as Kanye West.

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.

Adidas has appointed Puma CEO Bjørn Gulden as its new chief executive.