Adidas says it won't destroy its mountain of unsold Yeezy stock but plans to sell these items and donate profits to charity

• Adidas cut ties with Kanye West after his anti-Semitic rant last October. It was left with over $1 billion of Yeezy stock.
• There has been much speculation as to what Adidas will do with this leftover product. 
• Adidas CEO Björn Gulden told investors Thursday that it wouldn't destroy these items. 

Adidas confirmed Thursday that it will not burn its mountain of unsold Yeezy stock but rather attempt to sell these items and donate profits to charity, Bloomberg reported Thursday.