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Adidas says it will sell off Yeezy shoes and donate proceeds to those ‘hurt by Kanye’s statements’
(JTA) – The sportswear giant Adidas has decided to sell off its remaining inventory of sneakers from Kanye West’s Yeezy brand and donate the proceeds to charity.
The decision comes roughly seven months after Adidas cut ties with West in the face of mounting pressure due to his stream of antisemitic comments. Adidas’ sales of the rapper’s sneakers had accounted for 10% of the company’s annual revenue last year, or roughly $2 billion. That decision left Adidas with $1.3 billion of unsold Yeezy inventory in its possession.
During the company’s annual shareholders meeting on Thursday in Germany, where Adidas is based, CEO Bjørn Gulden pledged that the money would go “to the organizations that are helping us and that were also hurt by Kanye’s statements.”
Gulden did not elaborate on which organizations the proceeds would be directed to, nor if any of them would go to Jewish or anti-hate groups. In response to a Jewish Telegraphic Agency request for comment, Adidas shared Gulden’s comments from the board meeting but did not say which charities it would be donating Yeezy sales to.
Jews were the target of West’s comments last fall. West, who now goes by Ye, promised to “go death con 3 on Jewish people,” professed admiration for Hitler and bragged that he could say antisemitic comments and Adidas would not drop him. In November, the rapper dined with former President Donald Trump and Nick Fuentes, a prominent antisemite, at Trump’s Mar-a-Lago resort in Florida.
Following his comments, statements such as “Kanye Was Right” became a rallying cry for antisemites. According to the Anti-Defamation League, 59 antisemitic incidents that took place from October 11 through the end of 2022 directly referenced West.
Shortly after dropping West, Adidas — which was founded by Nazi Party members — announced a $1 million, four-year partnership with the ADL designed to educate athletes about antisemitism and other forms of bigotry.
The ADL praised Adidas’ plans but told JTA that the company hasn’t said if the ADL will receive a donation from the Yeezy sales. The organization added that it was not advising Adidas on where to direct the sale proceeds.
“This is a thoughtful and caring resolution for the unsold merchandise,” ADL CEO Jonathan Greenblatt said in a statement. “Ye’s antisemitic remarks and abhorrent behavior have resulted in real-world acts of antisemitic hate. Any attempt to turn the consequences of his actions into something that ultimately benefits society and the people he has hurt is most welcome.”
Adidas had agonized for months over how to deal with the Yeezy merchandise, at one point considering simply burning it. That idea was nixed by Gulden on Thursday. “Burning is not the solution,” he told shareholders.
But the company’s Yeezy woes aren’t over yet. Adidas still faces a lawsuit from investors who allege executives knew about West’s “extreme behavior” for years and didn’t end their partnership quickly enough. Last year, amid West’s antisemitic comments, reports emerged that West had openly admired Hitler for years and wanted to name one of his albums after him.
As for West himself, he recently announced that he no longer hated Jewish people after watching Jewish actor Jonah Hill in the 2012 comedy film “21 Jump Street.”
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Israel Publishes Draft Law Seeking to Boost State Revenues From Dead Sea Minerals
A drone picture shows part of the Dead Sea and its shore near Ein Gedi, Israel, Feb. 7, 2025. Photo: REUTERS/Ilan Rosenberg
Israel on Wednesday published a draft law that aims to boost state revenues from a concession for extracting minerals from the Dead Sea as well as tackling its environmental consequences.
The Finance Ministry said the proposed law intends to redefine the concession to ensure the public and the state get their rightful share, while ensuring the preservation of nature and environmental values.
“The law serves as the basis for allocating the concession and the terms of the future tender for resource extraction from the Dead Sea, with an emphasis on promoting optimal competition, lowering entry barriers, and attracting leading international players,” it said.
Fertilizer maker ICL Group has held the concession, giving it exclusive rights to minerals from the Dead Sea site, for five decades, but its permit is set to expire in 2030.
Last month, ICL gave up right of first refusal for its Dead Sea concession under a government plan to open it up for tender, although it would receive some $3 billion if it loses the permit when it expires.
ICL, one of the world’s largest potash producers, has previously said its Dead Sea assets were worth $6 billion. ICL extracts mainly potash and magnesium from the concession.
Under the draft law, which still needs preliminary approval from lawmakers, the state‘s share of concession profits would ultimately rise to an average of 50% from 35% currently, partly through royalties, the ministry said.
The law also aims to tackle negative impacts of resource extraction activities in the Dead Sea, which continues to shrink.
ICL plans to participate in the future tender and has said it believes it is the most suitable candidate to operate the future concession.
Accountant General Yali Rothenberg said the law places emphasis on fair, efficient, and responsible use of one of Israel’s most important natural resources.
It “will ensure that the state maximizes economic value for the public, promotes optimal competition, and protects the unique environment of the Dead Sea region for future generations,” he said.
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Israel Says It Received Body From Hamas, Indicates Rafah Crossing to Open Soon to Let Gazans Cross Into Egypt
People hold images of dead hostages Ran Gvili and Sudthisak Rinthalak, whose bodies haven’t been returned yet, as Israelis attend a rally calling for the immediate return of the remains of all hostages held in Gaza, more than two years after the deadly Oct. 7, 2023, attack on Israel by Hamas, at the Hostages Square in Tel Aviv, Israel, Nov. 29, 2025. Photo: REUTERS/Nir Elias
Israel received a body that the Palestinian terrorist group Hamas said was one of the last two deceased hostages in the Gaza Strip on Wednesday, as Israel said it would allow Gaza’s gateway to Egypt to open once all hostages were returned.
A body has been transferred by the Red Cross to the Israeli military and will undergo forensic identification, a statement from the Israeli Prime Minister’s Office said.
Hamas also handed over remains on Tuesday, which Prime Minister Benjamin Netanyahu’s office later said were not of any hostage.
The handover of the last hostages’ bodies in Gaza would complete a key condition of the initial part of US President Donald Trump’s plan to end the two-year Gaza war, which also provides for the Rafah border crossing between Gaza and Egypt to open in both directions.
Israel has kept the crossing shut since the ceasefire came into effect in October, saying that Hamas must abide by the agreement to return all hostages still in Gaza, living and deceased.
“The crossing will be opened both ways when all of our hostages have been returned,” Israeli government spokesperson Shosh Bedrosian told reporters.
Since the fragile truce started, Hamas has returned all 20 living hostages and 26 bodies in exchange for around 2,000 Palestinian detainees and convicted prisoners, but two more deceased captives – an Israeli police officer and a Thai agricultural worker – are still in Gaza.
ISRAEL SAYS PREVIOUS ‘FINDINGS’ NOT LINKED TO HOSTAGES
The armed wing of the Hamas-allied Palestinian Islamic Jihad terrorist group, the Al Quds Brigades, said it had found a hostage body after conducting a search in northern Gaza, along with a team from the Red Cross.
Hamas and Islamic Jihad said they had handed over the body to the Red Cross late on Wednesday afternoon. The groups did not say which of the two remaining deceased hostages they believed it to be.
The two are Israeli police officer Ran Gvili and Thai national Sudthisak Rinthalak, both kidnapped during Hamas’s Oct. 7, 2023, attack on Israel that triggered two years of devastating war in Gaza.
OPENING OF CROSSING COULD ALLOW OUT THOSE NEEDING TREATMENT
COGAT, the Israeli military arm that oversees humanitarian matters, said the Rafah crossing would be opened in the coming days to allow Palestinians to cross into Egypt.
The decision to open the crossing for those seeking to leave Gaza was made in “full coordination” with those that have mediated between Israel and Hamas during the war, Bedrosian said.
Egypt, along with Qatar and the US, has acted as a mediator.
COGAT said it would be opened under the supervision of a European Union mission – a similar mechanism to that employed during a previous Gaza ceasefire agreed in January 2025.
Before the war, the Rafah crossing was a key entry point for aid into the territory, as well as weapons smuggling for Hamas. It has been mostly closed throughout the conflict.
At least 16,500 patients in Gaza require medical care outside of the enclave, according to the United Nations. Some Gazans have managed to leave for medical treatment abroad through Israel.
Violence has tailed off since the Oct. 10 ceasefire but Israel has continued to strike Gaza and conduct demolitions against what it says is Hamas infrastructure. Hamas and Israel have traded blame for violating the US-backed agreement.
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Israel, Lebanon Send Civilian Envoys to Truce Committee for First Direct Talks in Decades
An Israeli citizen looks out from a viewpoint towards Lebanon, near the Israel-Lebanon border, as seen from northern Israel, Nov. 24, 2025. Photo: REUTERS/Shir Torem
Israel and Lebanon sent civilian envoys to a military committee monitoring their ceasefire, top officials from both said on Wednesday, in a move set to expand the scope of talks between the long-time foes for the first time.
The meeting was a step toward a months-old US demand that the two countries broaden talks beyond monitoring the 2024 ceasefire, in line with US President Donald Trump’s agenda of peace agreements across the Middle East.
It came even as fears of a renewed flare-up between Israel and powerful Lebanese terrorist group Hezbollah persist.
Lebanese Prime Minister Nawaf Salam told journalists he hoped civilian participation in the meetings would help “defuse tensions,” saying further Israeli strikes in recent weeks had been a clear escalatory signal.
Israeli Prime Minister Benjamin Netanyahu said the atmosphere at the meeting was good and that the sides agreed to put forth ideas for economic cooperation.
LEBANON OPEN TO US, FRENCH TROOPS
Lebanon and Israel have been officially enemy states for over 70 years, and Beirut criminalizes contacts with Israeli nationals. Meetings between civilian officials of each side have been extraordinarily rare throughout their fraught history.
Lebanese President Joseph Aoun has said in recent months, however, that he is open to negotiations to pursue a more robust truce and dispatched Lebanon‘s former ambassador to Washington, Simon Karam, to head his country’s delegation to the truce committee‘s meeting.
Netanyahu’s office said that it had sent the deputy head of foreign policy division at Israel‘s National Security Council to the meeting, as part of what it said was the ongoing dialogue between Israel, Lebanon, and the United States.
The committee, chaired by the United States, met on Wednesday for approximately three hours on the Blue Line, which serves as the frontier between Lebanon and Israel.
A statement issued after the session concluded said attendees welcomed the added envoys as an “important step” toward ensuring the committee is “anchored in lasting civilian as well as military dialogue.”
It said it looked forward to working with the representatives to nurture peace along the long-volatile border.
Israel and Lebanon agreed to a US-brokered ceasefire in 2024 that ended more than a year of fighting between Israel and Iran-backed Hezbollah. Since then, they have traded accusations over violations.
Salam said on Wednesday Lebanon was open to the committee taking on a direct verification role to check Israeli claims that Hezbollah is re-arming, and verify the work of the Lebanese army in dismantling the terrorist group’s infrastructure.
Asked by reporters if that meant Beirut was willing to have French and US troops on the ground, Salam said, “Of course.”
ISRAEL DEMANDS HEZBOLLAH DISARM
Netanyahu’s office said that regardless of any economic cooperation, Hezbollah must be disarmed.
Hezbollah’s media office did not immediately respond to questions from Reuters on the talks‘ expansion.
The Iranian-backed, Shi’ite Muslim group has repeatedly rejected any negotiations with Israel as a “trap.”
Despite the ceasefire, Israel has continued air strikes on what it says are Hezbollah’s efforts to rebuild its military capabilities in breach of the truce. Lebanon says Israel‘s bombardment and occupation of hilltop positions in south Lebanon amount to ceasefire breaches.
Fears have been growing in Lebanon that Israel will return to a full-blown military campaign after expressing frustration with the pace of Lebanese authorities’ efforts to seize Hezbollah weaponry across the country.