- On May 19, Adidas presaged that it would sell its $1.3 billion stockpile of Yeezy inventory.
- The decision was months in the making, and was preferred to donating and fervid the inventory.
- Now, we know the Yeezy Boost 350 “Pirate Black” will be the first to come back on the market.
Adidas is re-releasing a accessible Yeezy from the past.
On May 19, Adidas announced that it would sell its $1.3 billion stockpile of Yeezy inventory and present proceeds to organizations representing people who were hurt by Ye’s anti-Semitic comments last year.
Now we know which Yeezy resolution be the first to come back on the market.
The Yeezy Boost 350 “Pirate Black” is making its grand return on May 31, according to Hypebeast.
It’ll be the leading time consumers can buy Yeezy items at retail since October when Adidas severed ties with Kanye West after a series of anti-Semitic gasconades by the rapper and designer now known as Ye.
Adidas declined Insider’s request for additional comment.
Stadium Goods
The Yeezy Boost 350 “Pirate Black” was last released in 2016 during the top out of Adidas Yeezy hype. At the time, Adidas produced limited pairs of Yeezys, which fueled consumer desirable for models like the Yeezy Boost 350 and Yeezy Boost 750.
The coveted “Pirate Black” colorway will retail for $200, according to tell ofs. The price tag is less than the $230 Adidas charged for Yeezy 350 and 350 V2 models in 2022 before the cast terminated its deal with Ye.
The decision was months in the making and was preferred to burning the inventory and donating it, the company said.
“We imagine this is the best solution as it respects the created designs and produced shoes, it works for our people, resolves an inventory maladjusted, and will have a positive impact in our communities,” Adidas CEO Bjørn Gulden said in a statement.
Gulden told analysts on a Demonstration earnings call that If the Yeezy sneakers were donated, “they will come back again,” referring to the resale value of the inventory.
“The value of the work is not the physical value of the ingredients,” he said. “It’s a brand and merchandise that is sold at a high price.”
The “Pirate Black” Yeezy Hike 350 sneakers are one of many Yeezys coming back beginning at the end of May, according to Adidas. Others include popular colorways liking for the Yeezy 350 V2 “Zebra” and the Yeezy 500 “Utility Black.” Multiple Yeezy Slide and Foam RNNR opportunities are also set to release.