Tuesday, October 29, 2024

Kanye West and Adidas Reach Out of Court Settlement


Two years ago Adidas cut ties with Kanye West after he made a string of public antisemitic comments [click here if you missed that]. 

Adidas and Ye have officially settled their dispute...

From CNBC
Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement.
Adidas and Ye had been embroiled in multiple lawsuits for the past two years since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made.
“There isn’t any more open issues, and there is no... money going either way, and we both move on,” CEO Bjorn Gulden told reporters on a conference call, declining to give further details of the deal.
“There were tensions on many issues, and... when you put the claims on the right side and you put the claims on the left side, both parties said we don’t need to fight anymore and withdrew all the claims,” Gulden added.

7 comments:

Anonymous said...

GOOD FOR THEM BOTH

Anonymous said...

Ye played himself. They made money off of his shoes and clothing for two years and no money is being put in his pockets. Stupid

Anonymous said...

I'M JUST TIRED OF HEARING ABOUT THIS STORY & KW.
TRUTHFULLY, IT WOULD BENEFIT KW IF HE'D JUST LEAVE THE SPOTLIGHT, MIND HIS OWN BUSINESS FOR A FEW YEARS UNTIL HE'S SOUGHT AFTER BY FOLKS THAT CAN APPRECIATE WHAT HE'S FAMOUS FOR: MAKING MUSIC FOR HIMSELF & OTHERS.

Anonymous said...

6:17 💯 So smart he's dumb😫

R in NYC said...

Koonye down bad and still taking L's. I almost feel sorry for him.

LOLOL said...

Them Yt folks is laughing at his simple @$$ all the way to the bank.

Anonymous said...

I guess that's why he just purchased that Beverly Hills home.

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