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October 27, 2022
Latest News

Adidas Plans to Sell Kanye West’s Yeezy Designs Without the Name

[ad_1] Following news that Adidas terminated its partnership with Kanye West, the shoe giant reportedly still plans to continue to sell the controversial rapper's designs without the name on them.On Tuesday (Oct. 25), Bloomberg published a report revealing Adidas will be selling previously collaborated products with Ye solely under the Adidas brand starting in 2023, according to analysts at Morgan Stanley and RBC Capital Markets.News of Adidas' plans to erase Kanye's trademark from upcoming releases came just hours after Adidas revealed the end of their relationship with Ye in a statement released on their website."Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable,...

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October 26, 2022
Latest News

Adidas Terminates Kanye West Partnership

[ad_1] Kanye West's run with Adidas is over.Following a month full of anti-Semitic rhetoric from Kanye West, the Three Stripes brand announced the move to cut ties with the controversial rapper on Tuesday (Oct. 25), effective immediately. The decision was revealed via statement on Adidas' website."Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness," the statement reads. "After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments...

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October 26, 2022
Latest News

Kanye West Not a Billionaire After Adidas ‘Obliterates’ Net Worth

[ad_1] Kanye West is reportedly no longer a billionaire in the wake of losing his business deal with Adidas.According to a report published by Forbes on Tuesday (Oct. 25), Kanye West's net worth took a major hit and was "obliterated" immediately upon the news that Adidas had terminated their partnership with Ye, halted production on all Yeezy branded products and stopped all payments to the Donda rapper-producer.Forbes says that in losing the partnership with the world-renowned athletic wear company, a deal that was estimated at $1.5 billion, experts calculate that Kanye West's current net worth has been brought down to $400 million. According to the report, Ye's remaining assets that make up the $400...

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