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Adidas says they will sell Kanye West’s designs without the Yeezy name regardless of West stating he owned all rights to the designs.
“Adidas is the sole owner of all style rights signed up to existing item,” stated Adidas Chief Financial Officer Harm Ohlmeyer, according to Business Insider. “We plan to use these rights as early as 2023.”
Adidas dropped Kanye, triggering him to lose his billionaire status. Ye made numerous questionable remarks about the Jewish neighborhood.
“Adidas does not endure antisemitism and any other sort of hate speech,” the declaration checks out. “Ye’s current remarks and actions have actually been inappropriate, despiteful and hazardous, and they breach the business’s worths of variety and addition, shared regard and fairness,” the business stated in a declaration. “After an extensive evaluation, the business has actually taken the choice to end the collaboration with Ye instantly, end production of Yeezy top quality items and stop all payments to Ye and his business. Adidas will stop the Adidas Yeezy company with instant result.”
Ye has actually been looking for a brand-new house for his tennis shoes.
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