Adidas Ends Partnership With Kanye West

The last shoe may have dropped for Kanye West. Adidas had ended its partnership with Ye, In a statement Tuesday, the sportswear maker said it “does not tolerate antisemitism and any other sort of hate speech” and said that his recent comments were ‘unacceptable, hateful and dangerous.” Adidas said they violated the company’s “values of diversity and inclusion, mutual respect and fairness.” Sales and production of his Yeezy branded products have stopped as well as payments to Ye and his companies. Adidas said it will take a hit ($246 million) to its fourth quarter sales. Click Here To Read More. Click Here To Read More.

Source: CNN