Adidas and Kanye West reach amicable settlement after years of legal disputes
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Euronews.com
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Adidas and Kanye West (Ye) have reached a non-financial out-of-court agreement after years of legal disputes. The Adidas CEO, Bjorn Gulden, stated there are no more open issues and emphasized that both parties agreed to move on from past tensions. Adidas initially collaborated with West in 2014, but severed ties in October 2022 due to his antisemitic comments. Following this, Adidas faced significant financial implications with unsold Yeezy stock, but has since sold some and donated a portion of the profits to anti-hate groups. Teljes cikk (Euronews.com)