Shoe and sports clothing maker Adidas said Monday it had started a third sale of the Yeezy sneakers it was left with after severing ties with Ye, the rapper formerly known as Kanye West. The company has accompanied the sales with donations to groups fighting antisemitism and other forms of hate. Adidas broke up with Ye in October 2022 over his antisemitic and other offensive comments.
NIKE, Adidas, Skechers, Carter's and Rocky Brands have been highlighted in this Industry Outlook article.
The sportswear giant has urged a judge to dismiss a class-action lawsuit alleging that it knew the business risks associated with Kanye West's behavior.