- Lucie Edwards
Adidas Cut Ties with Kanye West But Cannot Cut Ties With His Creativity : Here What Adidas CFO Said
Rapper Kanye West lost his Billionaire status according to Forbes after Adidas terminates their reportedly 1.5 Billion dollar partnerships. Although Adidas disclosed the end of West's Yeezy Brand production along with the payment made to Ye and his companies, according to Adidas plans to still use West's Yeezy designs as early as next year. ( see below )
Complex stated that the confirmation was made from Adidas CFO confirming their rights as sole owner of Yeezy current and previous designs under their partnerships.