PDP Crisis Deepens as Wike’s Camp Holds South-South Zonal Congress Despite Court Order
February 22, 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.
PDP Crisis Deepens as Wike’s Camp Holds South-South Zonal Congress Despite Court Order
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PDP Crisis Deepens as Wike’s Camp Holds South-South Zonal Congress Despite Court Order
Netanyahu Holds Security Talks as Israel Pushes for Full Hostage Return
Senator Natasha Akpoti-Uduaghan Accuses Senate Leadership of Attempting to Silence Her
Ayra Starr Hints at Collaborations with Tems and Tyla at 2025 MOBO Awards
“Only Themselves to Blame” if NPFL Title Slips – Abu Azeez
Nigerian Military Eliminates 82 Terrorists, Rescues 93 Hostages in Major Operations
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