Adidas ends 'fight' with Kanye West over antisemitic comments

Published On Oct 29, 2024, 3:10 PM

Adidas has reached a settlement with Kanye West, marking the end of their legal disputes over the rapper's antisemitic comments in 2022 which led to the termination of their Yeezy collaboration. As a result, Adidas will continue selling off its remaining Yeezy stock, valued at around €1.2 billion, with proceeds going to various NGOs, including its own anti-discrimination foundation. The settlements mean both parties have resolved their issues and are moving on, with no further financial liabilities.