Adidas CEO Bjørn Gulden has many options for what to do about its Yeezy inventory, though none are particularly good.

The house of Balenciaga was founded by Cristóbal Balenciaga in 1937. Demna joined the company in 2015 and, with Cédric Charbit, the C.E.O., grew an estimated three-hundred-and-fifty-million-dollar ...