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Kanye West

Companies

‘Burning them is not the solution’: Adidas floats sale of Yeezy stock, may donate profit to NGOs

“What we are trying to do over time is to sell parts of these goods and then donate to organisations that help us and that also have been hurt by Kanye’s statements,” company’s CEO said
  • Bloomberg
  • May 11, 2023
Retail

Adidas reviewing options for €1.2bn pile of unsold Yeezy stock, but fortunes are looking up

While the German sneaker maker still expects to post a loss of €700 million this year if it can’t sell the Yeezy products, it says it’s making headway in improving operations and relations with suppliers and retailers
  • Bloomberg
  • May 5, 2023
Companies

Adidas hit with investor lawsuit over broken Ye partnership

Investors claim senior executives at the company discussed the risks Adidas faced continuing its relationship with the rapper as early as 2018
  • Bloomberg
  • May 1, 2023
The Big Picture

Vincent Boland: The Adidas-Ye fiasco is a cautionary tale for brands signing starry mega-deals

As Adidas is discovering to its cost after falling out with Kanye West, a badly judged corporate-celebrity relationship can be damaging to the bottom line as well as to reputation
  • Vincent Boland
  • February 18, 2023

Is invitation-only Clubhouse just all talk?

Just like Zoom this time last year, the much-hyped app is in position to become a household name in a hurry – but it too faces some real questions
  • Emmet Ryan
  • February 28, 2021

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