Now Addidas confirms they will continue selling Yeezy...
From CNN
Adidas (ADDDF) ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the musician’s anti-Semitic tirade. But Adidas (ADDDF) will continue to sell the lucrative sneaker and apparel line, stripped of the Yeezy name and branding.
The company said it’s the sole owner of all Yeezy line design rights for both existing and future colors and versions. Selling the sneakers under Adidas’ own branding will save the company about $300 million in royalty payments and marketing fees.
“Going forward, we will leverage the existing inventory with the exact plans being developed as we speak,” Adidas finance chief said Wednesday Harm Ohlmeyer.
14 comments:
Did they buy the designer patent? Or are they stealing profits?
He clearly sold off his brand to them so they got it
When are yall gonna realize Kanye has always been a mildly talented moron who just happened to rub elbows with the right people.
Kanye signed the Adidas contracts back in the days when he claimed to be sane. So desperate he signed away his name and his rights. Cared more about the appearance of success than maintaining actual control of his name and his product. Tee hee.
He getting screwed with no Vaseline.
I won't be buying no adidas nothing
@1:24 it’s not slavery if you willingly signed your name to it.
@1:24 Well according to Ye, slavery was a choice. So with that logic, including your comment about this being modern day slavery, this was in fact HIS choice.
Is this your GENIUS???????!!!
Adidas has always owned the patent to the shoe designs. The only thing Kanye owns is the name "Yeezy". So they are no longer using his name to sell their shoes. Everything is not slavery.
Kanye signed with all those yes men around him, like Dave did when he signed his contract to do his show. Both got screwed in the end, but Kanye is on a self destruct path.
It is slavery because he didn't have the rights to the designs that he didn't design. lOL
If you so called don't like the man, why are you still using his name or even his designs. This sounds like bs, they got their reason to steal his likeness... To me if I didn't support someone I wouldn't still use their art. I hope nobody buys them anymore.
@8:11 They own the designs, they always have since the beginning. They aren't using his likeness because they removed his name. They shoes are their designs not his, he only owns his name and they aren't using his name anymore.
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