Adidas CEO warns donating Yeezys could backfire as the company struggles to get rid of its $1.3 billion stockpile

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Adidas CEO Björn Gulden
2023 is expected to be a "transition" year for Adidas, CEO Bjørn Gulden said.

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Adidas could lose over $750 million as it tries to figure out what do do with its stockpile of Yeezys

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Yeezy 700 V1 Wave Runners
Adidas Yeezy crossed $1 billion in sales 2019.

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