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The cost to Adidas of cutting ties with Kanye West and Yeezy shoes

Por: ABC News Business October 26, 2022

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When Adidas on Tuesday that it had terminated its relationship with Ye, the rapper formerly known as Kanye West, the company put a price tag on how much the move would cost: Up to $246 million in profits this year.Yeezy, a footwear and apparel partnership between Ye and Adidas that launched in 2015, will end its business immediately over hateful speech and actions undertaken by the rapper, Adidas said in on Tuesday. The company will stop... + full article



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