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yeezy adidas Tag

November 9, 2022
Latest News

Adidas Confirms Plans to Sell Kanye’s Designs Without Yeezy Name

[ad_1] Adidas has reportedly confirmed plans to sell Kanye West's designs without the Yeezy name, a move that will reportedly save the company around $300 million.According to a CNN Business report published on Wednesday (Nov. 9), Adidas confirmed previous reports that despite terminating its longstanding business relationship with Kanye West back in October, the world-famous sports apparel brand will resume the sale of sneakers and clothing previously designed by the Chicago rapper-producer. Although Adidas fully intends to remove the Yeezy name and associated branding from their products, the financial benefits of Ye's designs, which they own, are too great to put to discontinue altogether.The CNN report says during a quarterly earnings call that took place on Wednesday, the shoe giant announced canceling...

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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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September 12, 2022
Latest News

Kanye West Calls Gap and Adidas His ‘New Baby Mamas’ – Report

[ad_1] After a number of rants and call-outs aimed directly at Gap and Adidas, Kanye West is ready to move on from working with his corporate partners when the deals expire, comparing them to "baby mamas."In an interview with Bloomberg that was published on Monday (Sept. 12), Kanye West made it clear that he eventually intends to continue on his journey in the apparel industry but will do it on his own terms. The world-renowned rapper, producer and fashion designer likened his current partnerships with both Gap and Adidas, which expire in 2030 and 2026, respectively, to a co-parenting relationship similar to the one he is currently involved in with his ex-wife, Kim Kardashian."It’s time...

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