As we reported last week, Adidas and Kanye West have come to terms on an official Adidas Yeezy sell-off. Overall, Adidas and Yeezy had put themselves in a bad spot. Firstly, Kanye was stripped of all of his resources as it pertains to selling sneakers. Adidas was responsible for distributing Yeezys, and without them, West hasn't been able to start selling shoes again. However, on the other side of the coin, Adidas has lost hundreds of millions of dollars worth of revenue. They have been sitting on over $500 million worth of Yeezys, which has left them with some significant operations losses.
Although, now, the remaining Adidas Yeezy sneakers will be sold off as a way for Adidas to recoup some cash. Furthermore, Ye will get his 15 percent royalty, while some of the profits will go to organizations that combat anti-Semitism. Needless to say, this is a solution that clearly works for both parties. However, fans have been wondering when this sell-off will take place. According to Sneaker Bar Detroit, Adidas India may have accidentally leaked this information.
The Adidas Yeezy Restock Happens Soon
As the report states, Adidas India posted a graphic on its website that showcased a plethora of Adidas Yeezy sneakers. This includes the 350 V2, Foam Runner, Slides, Yeezy 500, and even the Yeezy 450. Furthermore, it was also stated on the website that this restock would take place on June 1st. As soon as people caught on to what was happening, the images and graphics were taken down.
That said, this could serve as a solid barometer for when fans can expect these drops to happen. Unfortunately, no information as it pertains to the United States has been released. Hopefully, some new information is revealed very soon. Let us know which Adidas Yeezy colorways you are hoping to see from this drop, in the comments section below. Additionally, stay tuned to HNHH for more news and updates from around the sneaker world.
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