Demand for Yeezy sneakers is still so high that Adidas was able to recover more than half a billion dollars by selling some of the stock it was keeping in storage. Adidas cut ties with Kanye West, the rapper now known as Ye, in October after he publicly made a series of antisemitic remarks. The company had been selling Yeezy sneakers—shoes designed by Ye and sold under the Adidas label—since 2015. Dropping Ye meant the end of a lucrative partnership for the sports apparel maker, with the breakup costing Adidas €600 million (about $630 million) in the final quarter of...