Source-JNS

Adidas announces $152 million donation to anti-hate groups from sales of Kanye West sneakers

The $152 million represents about 46% of Adidas’s profit on the shoes.

By JNS

Adidas has already donated or plans to give some $152 million to groups countering hate, including antisemitism, after it was left with about $1.3 billion worth of “Yeezy” shoes.

The German athletic apparel company cut ties with Kanye West, who goes by Ye, in the wake of his antisemitic remarks.

The company announced the prior and intended donations on Wednesday, the Associated Press reported.

The AP added that some of the donations have gone to the Anti-Defamation League.

The $152 million represents about 46% of Adidas’s profit on the shoes.

Share
Published by
Yossi Licht
Tags: Adidas ADL Kanye West Yeezy

Recent Posts

  • Israel News

Israeli lawyer accused of aiding effort to prosecute IDF reservist in Britain

The soldier accused Pomeranz of violating at least two sections of the Israel Bar Association…

9 minutes ago
  • Arab-Israeli Conflict

IDF arrests three Palestinian officers over abduction of reserve soldier

IDF troops arrest three Palestinian Authority police officers who illegally set up roadblock in area…

24 minutes ago
  • Israel News

Slovenia bucks Europe’s anti-Israel trend as Jewish state opens first embassy in Ljubljana

Slovenia’s new administration is reversing course, moving to roll back its predecessor’s policies and rebuild…

27 minutes ago
  • Videos

WATCH: IDF destroys three Hamas weapon caches

IDF forces struck three Hamas weapons storage facilities across the Gaza Strip yesterday, destroying anti-tank…

39 minutes ago
  • World News

Argentine court orders return of Nazi-looted painting to Jewish collector’s heir

Experts from Argentina’s National Academy of Fine Arts attributed the work to Giacomo Antonio Melchiorre…

54 minutes ago
  • Arab-Israeli Conflict

IDF rejects Guterres’ criticism of Lebanon campaign

Israel’s Foreign Ministry also responded to Guterres’ statement, pointing out that the post failed to…

1 hour ago