Speed Darlington and Portable Set for Celebrity Boxing Match on April 18, 2025
April 2, 2025
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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.
Speed Darlington and Portable Set for Celebrity Boxing Match on April 18, 2025
Chelsea Suffer Major Injury Blow as Romeo Lavia Ruled Out for Tottenham Clash
Senator Barau Visits Families of Uromi Mob Attack Victims, Pledges Justice and Financial Support
FCTA Minister Approves Employment of 34 Resident Doctors for Seven-Year Residency Program
Minority Caucus Calls for Justice and Compensation for Victims of Uromi Mob Attack
APOLOGISE OR MEET ME IN COURT, EX-RIVERS LG BOSS TELLS FORMER HOS, GEORGE NWAEKE
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Speed Darlington and Portable Set for Celebrity Boxing Match on April 18, 2025
Chelsea Suffer Major Injury Blow as Romeo Lavia Ruled Out for Tottenham Clash
Senator Barau Visits Families of Uromi Mob Attack Victims, Pledges Justice and Financial Support
FCTA Minister Approves Employment of 34 Resident Doctors for Seven-Year Residency Program
Minority Caucus Calls for Justice and Compensation for Victims of Uromi Mob Attack
APOLOGISE OR MEET ME IN COURT, EX-RIVERS LG BOSS TELLS FORMER HOS, GEORGE NWAEKE
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