• News
  • Entertainment
  • Finance
  • Crypto
  • Casino
  • Health

Adidas Cut Ties With Kanye West Over Antisemitic Remarks


After Kanye West said some hurtful things about Jews, the German sportswear company Adidas cut ties with Kanye West over antisemitic remarks. The company said in a statement on Tuesday that they do not tolerate anti-Semitism or any other kind of hate speech.

It also said that the rapper's comments are "unacceptable, hateful, and dangerous," since he changed his name to Ye last year. Ye's nearly decade-long partnership with the German sportswear giant helped make the rap superstar a billionaire and put his Yeezy-branded shoes on the map around the world.

Adidas Cut Ties With Kanye West

Adidas Officially Cuts Ties With Kanye West | E! News

Because of what Ye, formerly known as Kanye West, said about Jews, Adidas has cut ties with him. The rapper is getting more and more negative feedback, which is costing him more business deals.

COPYRIGHT_BP: Published on https://bingepost.com/adidas-cut-ties-with-kanye-west/ by - on 2022-10-26T12:54:25.383Z

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.

- Adidas

The company was put under a lot of pressure to stop working with Ye. People on social media, including celebrities, told Adidas to do something. At the beginning of the month, it said that it was rethinking its lucrative deal with the rapper to make sneakers.

Adidas said on Tuesday that it had done a "thorough review" and would stop making and paying Ye and his businesses right away. The sportswear company said that this decision could cost it as much as 250 million euros ($246 million) in net income this year.

Kasper Rorsted, the CEO of Adidas, is leaving the company next year. This decision was made after Ye was banned from Twitter and Instagram this month for breaking their rules by making anti-Semitic posts.

Forbes said that the part of the Adidas deal that Ye was involved in was worth $1.5 billion. It said that his net worth dropped to $400 million when that partnership deal ended.

Forbes says Ye's other sources of wealth are real estate, cash, his music catalog, and a 5 percent stake in Kim Kardashian's shapewear company, Skims.

What Companies Dropped Kanye West?

Kanye West’s Antisemitic Comments Spur Companies To Cut Ties

Adidas isn't the first company to drop Ye because of the backlash and outrage. Gap and West ended their business relationship in September after West and his team wrote a letter to the company saying that the store did not follow the terms and conditions that were written in the original contract, such as selling Yeezy Gap products in stores.

Late Tuesday afternoon, Gap said that all Yeezy Gap products would be taken off the shelves right away.

Our former partner's recent remarks and behavior further underscore why. We are taking immediate steps to remove Yeezy Gap product from our stores and we have shut down YeezyGap.com. Antisemitism, racism and hate in any form are inexcusable and not tolerated in accordance with our values. On behalf of our customers, employees and shareholders, we are partnering with organizations that combat hate and discrimination.

- Yeezy Gap

Balenciaga told WWD earlier this week that it "no longer has any relationship with or plans for future projects with" Ye. Anna Wintour, who has been the editor-in-chief of Vogue for a long time and is also the global chief content officer for Condé Nast, said in a statement that she and the magazine have no plans to work with West again in any way.

West's talent agency, CAA, also dropped him, and a recently made documentary about the rapper was taken off the market. In a letter to the LA Times, the production company MRC said it "cannot support any content that amplifies" Ye's platform.

Many people also said that JP Morgan cut ties with Ye, but the bank hasn't confirmed or followed up on this. Ye has been kicked off of Instagram and Twitter, and his divorce lawyers, Bernard Clair and Bob Cohen, no longer represent him.

At the time of press, Ye hadn't said anything about the end of his deal with Adidas. After losing his business deal with Adidas, Kanye West is said to no longer be a billionaire.

People Also Ask

Was Kanye Dropped From Adidas?

Adidas announced on Tuesday that it will no longer work with Kanye West. Kanye West already had a bad reputation in the music business. Because of his strange behavior, he wasn't asked to perform at the Grammy Awards last spring.

How Much Of Adidas Does Kanye Own?

Under the deal with Adidas, West owns 100% of his brand and has complete creative control over the products that are made. In February 2015, a year and three months after Adidas and West said they would work together, the collaboration came out for real.

How Much Does Yeezy Make A Year?

About 10 percent of the company's annual revenue, or about $2 billion, comes from Yeezy sales. The partnership between Adidas and Yeezy is one of the most successful ones in the history of Adidas.


Just under three weeks earlier, Adidas had said that its relationship with the rapper was "under review" after "repeated efforts to resolve the situation privately." The rapper said that he could say whatever anti-Semitic things he wanted and it wouldn't hurt his relationship with Adidas.

West wore a "White Lives Matter" T-shirt to a fashion show in Paris earlier this month. He has also said several anti-Semitic things on TV and on social media.

Balenciaga broke up with West last week, and Vogue said it has "no plans" to work with him again. West's Twitter account was also locked. And now, Adidas cut ties with Kanye West.

Share: Twitter | Facebook | Linkedin

Recent Articles

  • Top 10 Best Movies About Heaven


    Top 10 Best Movies About Heaven

    Heaven movies are a popular genre in the film industry that depicts the concept of the afterlife and the idea of an existence beyond our physical realm. These movies usually explore the idea of the afterlife and depict what it might be like.

  • Discord Hentai Bot - How To Stay Safe On Discord?


    Discord Hentai Bot - How To Stay Safe On Discord?

    One of the most prevalent examples of this abuse is the Discord Hentai Bot, which automatically shares pornographic and sexually explicit content in channels without warning or consent. The widespread use of such bots has led to concerns about child safety and online harassment within the Discord community.

  • Top Amazon Deals For Travelers In May 2023


    Top Amazon Deals For Travelers In May 2023

    Are you planning your next adventure but don't want to break the bank? Look no further than Amazon, where you can find a wide range of travel essentials at affordable prices. Here are some of the best Amazon deals for travelers in May 2023.

  • Best 12 Depression Movies On Netflix


    Best 12 Depression Movies On Netflix

    Depression is a serious mental health condition that affects millions of people worldwide. While it can be a difficult topic to explore, movies about depression can offer a unique perspective on the experience of living with this condition. Fortunately, there are many depression movies on Netflix that tackle this topic in a thoughtful and nuanced way.

  • Tidal-GUI - A Graphical User Interface For Tidal Music Streaming Service


    Tidal-GUI - A Graphical User Interface For Tidal Music Streaming Service

    Tidal is a premium service that offers high-quality audio and video content, but it doesn't have a desktop app for users to download music or manage their playlists. This is where Tidal-GUI comes into play.

  • Mekanism Anchor Upgrade - Enhancing Your Minecraft Experience


    Mekanism Anchor Upgrade - Enhancing Your Minecraft Experience

    If you are a Minecraft player looking to streamline your gameplay and optimize your experience, look no further than the Mekanism Anchor Upgrade. This is a popular mod for Minecraft that introduces a variety of new machines, tools, and systems to the game.

  • Lil Tjay Height, Birthdate, Age, And Professional Accomplishments


    Lil Tjay Height, Birthdate, Age, And Professional Accomplishments

    Lil Tjay has left his imprint on the music industry with a number of songs that are widely famous and have had millions of views as well as an EP that was released in 2018. Due to his fame, a lot of admirers are interested in learning about Lil Tjay height, birthdate, age, way of life, and professional accomplishments.

  • ACL4SSR - Customize ACL4SSR Rules For Specific Use Cases


    ACL4SSR - Customize ACL4SSR Rules For Specific Use Cases

    ACL4SSR is an open-source project that provides a set of access control rules for ShadowsocksR (SSR), a popular secure proxy protocol. The main purpose of ACL4SSR is to allow users to access blocked websites and services by creating rules that whitelist or blacklist specific domains or IP addresses.

  • Haiku Generator - The Beauty Of Haiku Poetry


    Haiku Generator - The Beauty Of Haiku Poetry

    In modern times, technology has made it easier for people to create haikus with the help of a haiku generator. These tools use algorithms to generate haikus based on certain keywords or themes.

  • Best 10 Kidnapping And Hostage Movies On Netflix

  • President Zelensky Says Ukraine Requires Additional Time For Counter-Offensive

  • 120V LED Puck Lights - Efficient Lighting Made Easy

  • Path Of War Errata - An In-Depth Look At The Path Of War Errata

  • 150 Classic Game Tabletop Arcade - Relive The Retro Era With It