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Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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Duran Duran guitarist Andy Taylor has revealed that his prostate cancer is “asymptomatic”, after he was previously told he needed “palliative, end-of-life care”. The Northumberland-raised musician, 62, was diagnosed with stage-four prostate cancer in 2018. After he was unable to attend Duran Duran’s induction into the Rock and Roll Hall of Fame last year, his bandmates – singer Simon Le Bon, keyboardist Nick Rhodes, bassist John Taylor and drummer Roger Taylor – read his letter informing them of his diagnosis to the audience at the ceremony in Los Angeles. Following the ceremony, Taylor approached a doctor who told him about a treatment involving radioactive chemicals given intravenously, which would target only cancer cells. In an interview with The Times, Taylor disclosed that he is “radioactive for several days” after receiving the treatment and is unable to sleep in the same room as someone else or use public transport. “I was classified as palliative, end-of-life care ... and now I’m not; I’m asymptomatic,” he told the publication. He called the scientist, who identified and recommended the treatment, Christopher Evans, the “Elon Musk of cancer”. He also said he was touched that Le Bon read out his letter at the Hall of Fame ceremony: “It takes someone with a very special quality from their heart to do that and not drop a word. People don’t realise he’s actually quite a classy guy.” Taylor said two symptoms alerted him that something was wrong: bone pain while jogging, which he almost mistook for arthritis after his years of live performances, and erectile dysfunction, which was masked by Taylor’s use of Viagra. Asked about the prospect of returning to Duran Duran, he also said: “No, I’m not going to rejoin the band ... I would not say no to (part time for) the opportunity, particularly for the fans, but as I keep reminding people, you have to be asked.” In the same interiew, however, Taylor also rubbished a rumour that he “can’t stand” his former bandmate, Nick Rhodes. The Birmingham-formed Duran Duran were one of the biggest acts of the 1980s, with hits including “Rio”, “The Wild Boys”, and the James Bond theme “A View To A Kill”. They released their 15th studio album, Future Past, in 2021and are currently touring North America with special guests Nile Rodgers and Chic, and Bastille. Next month, Taylor is scheduled to release Man’s a Wolf to Man, his first solo album in decades. Additional reporting by Press Association Read More ‘A genuine shambles’: The Strokes fans leave All Points East festival early due to ‘sound issues’ Scooter Braun ‘refused to cut vacation short’ for Ariana Grande relationship drama ‘I still speak to him’: Johannes Radebe responds to John Whaite revealing he fell in love with Strictly pro Duran Duran’s Andy Taylor rubbishes rumour he ‘can’t stand’ former bandmate The Strokes fans leave London festival early over ‘sound issues’ Miley Cyrus emotionally addresses Sinead O’Connor feud over Wrecking Ball

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Finland's Prime Minister Sanna Marin, set to leave office after losing a general election, announced Wednesday that she and her...