KANYE West’s partnership with Adidas appeared to be harmonious.
GettyAlthough Adidas carried Kanye West’s Yeezy footwear collection, the company ended its contract with the rapper[/caption]
Why was Kanye West feuding with Adidas?
Kanye went on to air his grievances with the company and told his followers about the lack of control he has in their partnership.
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“They were slowing down my allotments and copying my ideas.
“They were supposed to do stores and they never did stores, but this company grew 85 percent last year.”
On October 6, 2022, the company stated: “After repeated efforts to privately resolve the situation, we have taken the decision to place the partnership under review.
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“We will continue to co-manage the current product during this period.”
Why was Kanye dropped by Adidas?
Weeks later on October 25, 2022, Adidas terminated their business dealings with Kanye.
In a statement, the footwear organization said: “Adidas does not tolerate antisemitism and any other sort of hate speech.
“Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.
GettyKanye with his eldest daughter North at the season eight launch of Yeezy’s womenswear collection[/caption]
“After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments to Ye and his companies.
“Adidas will stop the Adidas Yeezy business with immediate effect.”
However, the retail giant mentioned that they are using all of the designs, footwear, and apparel from the terminated deal and rebranding it as their own.
How long were Kanye and Adidas in business together?
In November 2013, the DONDA rapper signed his first deal with Adidas.
He debuted his first collaboration with the athleisure brand while walking the red carpet at the 2015 GRAMMY Awards.
On June 29, 2016, the two parties extended their contract and years later, Kanye achieved a billion-dollar net worth.
At the time of extension, the organization commented: “The association with Kanye West and how he sees himself as an artist — with design, music, and culture — said ‘this Adidas brand is not just a typical sports brand.’
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“‘It’s one that looks at creativity and considers both sports and culture.’
“He’s brought the idea that the Adidas brand is willing to create new and different things.”