Kanye West and Adidas reach agreement to sell remaining Yeezys

Kanye West and Adidas reach agreement to sell remaining Yeezys

Kanye West shocked the world, when news broke of how rich he was. While Forbes disagreed with how rich Kanye was, he was still noted as hip hop’s most affluent figure. The wealth Kanye West accumulated came thanks to his clothes business, Yeezy. After his tirade on Sway, Ye protected a handle Adidas, that made billions. However, Kanye West’s “Drink Champs” interview led to the termination of that offer. Since, Adidas was on rate to lose $1.3 billion. As an outcome, they reached an agreement with West to continue the Yeezy brand name.

Kanye West had concerns with Adidas, in addition to SPACE, another previous Yeezy partner. As an outcome, he had hopes of ending the collaboration. When Kanye went on “Drink Champs” and stated what he stated, Adidas, Balenciaga, and Gap ended their collaborations with Yeezy. In turn, Ye and his group attempted to crash the Skechers’ workplace to get a brand-new collaboration. While all of this was taking place, the media reported that Kanye West’s net worth dropped to $500 million.

Kanye West returned to the headings, the other day. There were reports that Adidas had an interest in bringing Yeezy back into the fold. After all, without Yeezy, Adidas was forecasted to lose $1.3 billion this year. As an outcome, Adidas has actually made a brand-new, short-term, plan with Kanye West and Yeezy. The 2 business will resume their collaboration in order to sell the remaining sets of Yeezy shoes. After that, the collaboration will formally end.

Source: Raphouse

Kanye West and Adidas reach agreement to sell remaining Yeezys