Adidas Ends Collaboration With Kanye West. “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 read. “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 to Ye and his companies. Adidas will stop the Adidas Yeezy business with immediate effect.
CNBC is reporting that in the short-term, the company will lose approximately 250 million Euros (which translates to $246 million) in net income.
Adidas Ends Collaboration With Kanye West. If you didn’t see, Kanye‘s ex wife, Kim Kardashian, just broke her silence on his anti-Semitic remarks.
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