Adidas cut ties with Kanye West adidas Yeezy Boost 350 v2 "MX Grey"
27.10.2022 5487

Adidas cut ties with Kanye West

In early October, American rapper Kanye West provoked a public backlash that accused him of anti-Semitism after wearing a White Lives Matter T-shirt at Fashion Week. In response to the provocation, Adidas terminated the contract with the artist, in collaboration with whom they released iconic Yeezy sneakers.

Due to the termination of the contract, the German corporation will lose about $ 246 million, but adidas noted that this is only a "short-term reduction in profits."

Adidas and West's partnership history began in 2013, all details of the deal are unknown, however it is clear that both parties own certain elements in the Adidas Yeezy project.

In a statement confirming the termination of the Adidas Yeezy partnership, Adidas stated that it is the sole owner of all design rights to existing products, as well as previous and new colorways under the partnership. However, in a 2019 Forbes interview, Kanye West stated that he still owns 100% of Yeezy.

According to American lawyer Jared Goldstein, West may still own the Yeezy name and likeness, but that doesn't give him control over the future of actual shoe designs. This falls under the jurisdiction of the entity that owns the intellectual property, which is Adidas.

For example, Adidas is listed as the applicant and assignee of the US patent for the design of the Adidas Yeezy Boost 350, which was filed in 2016. Nick Galway, Adidas senior vice president of creative direction, is listed as the inventor.

Adidas may re-release designs from archives or re-release designs in new colorways. And according to a report from RBC Capital Markets, Adidas plans to start doing just that: selling Adidas-branded Yeezy designs in the first quarter of 2023 to mitigate the loss of revenue.

 

 

In early October, American rapper Kanye West provoked a public backlash that accused him of anti-Semitism after he showed up at Fashion Week wearing a T-shirt that read...
5
1
Rating

Latest News

Simac Tanning Tech launches in Milan, focusing on exports to South America and Africa

The 52nd international exhibition Simac Tanning Tech will be held in Milan from September 15th to 17th. It will showcase equipment, technologies, and solutions for the footwear, leather, and tanning industries.
14.09.2026 53

Stuart Weitzman opens Shanghai store at Plaza 66

New York-based premium footwear brand Stuart Weitzman opened a store in a prestigious Shanghai shopping mall and launched a major international campaign in support of its signature model, the 50/50 boot. The store opening featured a new global…
11.09.2026 669

Inventive Retail Group announced the launch of a new loyalty program.

Inventive Retail Group announces the launch of the EGO Privilege Club – a new loyalty program for its customers that unites all restore companies: Samsung Galaxystore, Street Beat, AMAZING RED, Hiker, Mir Kubik, and…
10.09.2026 817

St. Petersburg footwear brand ANKI Team has released sneakers in collaboration with SIBUR.

Local footwear brand ANKI Team released a sneaker collection in collaboration with Kazan-based Russian petrochemical holding company Sibrur. For the footwear brand, the collaboration marks the launch of a series of sneakers dedicated to cities…
09.09.2026 1084

The top ten countries by footwear consumption in the world according to APICСAPS

The Portuguese Association of Footwear Components and Leather Goods Manufacturers APICСAPS has compiled a ranking of the leading countries in terms of footwear consumption in 2025…
09.09.2026 967
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning