Adidas donated $150 million to anti-hate groups because of the sales of the Yeezy shoe

Adidas donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate. Yeezy shoe sales led Adidas to $150m in donations to anti-hate groups. Adidas severed ties with Ye, the rapper formerly known as Kanye West, last year.

Adidas reported a loss of 75 million euros, or $82 million, last year. The German-based footwear and apparel company lost 75 million euro. Adidas: Kanye West is the only one of the world's biggest stars to buy Kanye West. The rapper is expected to spend $100 million a year on Kanye West and $200 million on Kanye.