Adidas plans to resell parts of its remaining now-defunct shoe line with Kanye West following comments he made last year that were widely viewed as antisemitic, the company has announced. Björn Gulden, CEO of the German sports brand, revealed the decision during the company’s annual shareholder meeting on May 11. “What we are trying to do now…

WASHINGTON—Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behavior from Ye, the rapper formerly known as Kanye West, years before ending its partnership with him. The German sportsbrand cut ties with its star collaborator in late October, following Ye’s antisemitic comments on social media and…

Nike is expected to report a rise in third-quarter revenue and grow its market share through 2023, helped by major rival Adidas’ split with designer and rapper Kanye West that caused the German company to lose about $600 million in quarterly sales. Nike is also expected to get a boost from higher sales of its…

FRANKFURT, Germany—Adidas is still wrestling with how to dispose of 1.2 billion euros ($1.3 billion) worth of Yeezy shoes after its breakup with the rapper formerly known as Kanye West, forcing the German sportswear maker into a big loss at the end of last year and expectations of more pain ahead. CEO Bjorn Gulden said…

NEW YORK—Smiling, fashion designer Thom Browne emerged from a New York courthouse Thursday victorious over sportswear giant Adidas in a grand battle over signature stripes. Browne told The Associated Press that he hopes the preservation of his striped designs on luxury athletic clothing and accessories inspires others whose work is challenged by larger clothing producers….

Adidas AG on Thursday said it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker last month ended its partnership with the rapper and fashion designer. Adidas said it initiated the probe after receiving an anonymous letter making several allegations against the musician, who now goes…

MANHATTAN BEACH, Calif.—The rapper formerly known as Kanye West was escorted out of the California-based headquarters of athletic shoemaker Skechers after he showed up unannounced Wednesday, a day after Adidas ended its partnership with the artist following his antisemitic remarks. The Grammy winner, who legally changed his name to Ye, “arrived unannounced and without invitation”…

Athletic clothing giant Adidas announced on Oct. 25 that it cut ties with billionaire Kanye West, also known as Ye, over his recent comments on social media. A New York judge ruled to reinstate all city workers who were fired over the vaccine mandate, as President Biden gets his third booster shot. * Click the…

Athletic clothing giant Adidas announced on Oct. 25 that it cut ties with billionaire Kanye West, also known as Ye, over his recent comments on social media. A New York judge ruled to reinstate all city workers who were fired over the vaccine mandate, as President Joe Biden gets his third booster shot. * Click…

Adidas announced the termination of its partnership with Ye, formerly known as Kanye West, over the rapper’s comments on social media. Ye (his legal name), one of the most famous and successful black American entrepreneurs in history, has an estimated net worth of $2 billion. The controversial artist and fashion designer has made a series of…