House of Representatives Urges INEC to Relocate Local Government Offices to Neutral Locations for 2025 Elections
October 30, 2024
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Adidas and Kanye West Settle Legal Dispute, Final Yeezy Stock to be Sold by End of 2024
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CurrentReport Blog German sportswear giant Adidas has officially ended all legal proceedings with American rapper Kanye West, also known as Yeezy, after reaching an out-of-court settlement. The two parties parted ways in 2022 after Adidas terminated its deal with West due to public pressure following his antisemitic comments, which drew condemnation from the American Jewish Committee (AJC).
Adidas CEO Bjorn Gulden confirmed on Tuesday that the company had settled its dispute with West without any financial exchange. “The drama with West belongs to the past. Negotiations and settlements have been done,” said Gulden, refraining from disclosing further details.
In the wake of the 2022 split, Adidas was left with Yeezy stock valued at approximately €1.2 billion (£840 million). Now, with the legal issues resolved, Adidas announced that it will release the remaining Yeezy inventory, aiming to complete the sales by the end of 2024.
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House of Representatives Urges INEC to Relocate Local Government Offices to Neutral Locations for 2025 Elections
Lagos State Scholarship Board Executive Secretary, Abdulrahman Lekki, Passes Away
Nentawe Yilwatda Advocates for Increased Allocation to Northern Nigeria to Address Poverty
Adidas and Kanye West Settle Legal Dispute, Final Yeezy Stock to be Sold by End of 2024
Ademola Lookman Credits Atalanta Teammates After 2024 Ballon d’Or Nomination, Finishes 14th
APC Women and Youth Council Protests Male Appointments in Humanitarian Ministry, Calls for Gender Balance
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