Adidas, Kanye West reach settlement two years after brand ended partnership with rapper
adidas(ADDYY) New York Post·2024-10-30 00:10
Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement. Adidas and Ye had been embroiled in multiple lawsuits for the past two years, since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made. "There isn't any more open issues, and there is no… money going either way, and we both move on," CEO Bjorn Guld ...