Share
Nearly two years to the date of when Adidas dropped Kanye West amidst his storm of antisemitic comments, the company has settled all legal claims with the rapper.
According to Bloomberg, the settlement concludes without financial exchanges from either party.
Adidas and West settled out of court, with the claims from both sides being withdrawn.
In 2023, Adidas started to clear house on its remaining stock of Yeezys.
The company brought in around $437 million its first sale of the leftover sneakers.
The sale came months after some Adidas shareholders filed a class action lawsuit against the company. They alleged that the brand failed to minimize the fallout from the West split, which impacted stocks. The suit was dismissed in August 2024.
-ROLLING STONE
