Adidas Stuck With Over $1 Billion Of Unsold Yeezys After Kanye West Split!

Kim Kardashian has spoken out about her split from American rapper Kanye West for the first time during the first episode of the new series of The Kardashians.The power couple split in 2021 after being together for eight years and since then, Kanye has been slammed for alarming behaviour including vile racist outbursts in a series of tweets. Kanye, 45, also once praised Adolf Hitler admitting he "sees good things" in the Nazi leader during an interview with US conspiracy theorist Alex Jones. Kim ,42, has previously maintained a silence on her ex and cited concerns for their children as her reason for not speaking out.

Kim Kardashian is addressing ex-husband Kanye West.

Kanye West's antics is getting to Kim Kardashian. Though Kim and Kanye's divorce was finalized in 2022, the «Bound 2» rapper has gone on several public tirades against the SKIMS founder, publicly calling her and her family members out on social media and in interviews. In the season 3 premiere of the family's Hulu reality series,, Kim gets candid like never before about her ex's erratic behavior and the impact it's having on her mental health.In one scene, momager Kris Jenner comments on Kim's psoriasis rash on her leg, and Kim replies, «Tell the father of my children to stop acting up, and then I won't stress out and get psoriasis.»Later in the episode, Kim has a more emotional conversation with Kris about having a lengthy «anxiety attack,» sharing, «I felt like I couldn't breathe all day.»Referencing some of Kanye's online attacks against her and her family, Kim says, «I never comment.

Kanye West is facing a $2 million lawsuit from the Gap, TMZ reports. Gap’s complaint stems from a separate lawsuit filed against the clothing company by Art City Center, which claims that a building it owns was renovated without permission in order to sell West’s clothing collaboration with the Gap in 2021 and 2022.

Gap is suing its former business partner Kanye West over alterations that were made to an LA building it rented in 2021 and 2022, that building having been used – it seems – as a place to sell the Yeezy products that were created by the rapper in collaboration with the retailer.According to a lawsuit filed last month, it was West’s team that instigated the alterations, putting Gap in breach of its agreement with the building’s owner.According to the New York Post, the alterations included “erecting an exterior ramp in the east side parking lot; installing a tunnel in the lot; removing ceiling lights; building a wall; and nixing three bathrooms”.The building’s owner sued Gap over the alterations last year, seeking to hold the retailer responsible for the costs of restoring the property back to how it was prior to West’s meddling.

failed collaboration, claiming the embattled rapper made unapproved changes to a Los Angeles rental property the landlord is trying to collect on.According to court documents obtained by The Post, Gap filed a claim against West, 45, and his Yeezy clothing line in LA court last month.Art City Center, the company that claims to own the building leased to Gap, sued the clothing giant last year over “damages” to the property, at 1360 E. 6th St.The alterations included erecting an exterior ramp in the east side parking lot; installing a tunnel in the lot; removing ceiling lights; building a wall; and nixing three bathrooms, according to the lawsuit.Gap is trying to pass the buck to West, who announced the Yeezy Gap collaboration in 2020.The suit against West claims, “by making and not repairing or restoring the foregoing alterations of the premises that [West] made without Gap’s participation or approval, [West] breached the strategic agreement and directly and proximately caused Gap to incur expenses to repair and restore the premises.”Gap is asking West be held responsible for any damages owed to Art City, as well as $2 million in compensatory damages for itself.

Adidas has formally announced its plans for some of the remaining stock of Kanye West's Yeezy footwear brand. The fate of the shoes, which are valued at $1.3 billion, was kept in limbo after West's antisemitic comments and the subsequent end of their business relationship in October 2022.

Adidas announced on Friday that it plans to sell off the Yeezy products it has been sitting on ever since its partnership with Kanye West collapsed last year, with “a significant amount” of the money generated going to organisations that combat discrimination and hate.The sportswear company announced in October that it was terminating its long-running and very profitable alliance with West after his increasingly controversial racist and antisemitic statements made the partnership untenable. The sudden axing of the deal around West’s Yeezy brand left Adidas sitting on a lot of unsold stock and the company has been figuring out what to do with it ever since.Friday’s announcement said that some of that stock will now be put on sale via the Adidas website and app before the end of this month.

Kanye West Yeezy shoes will benefit organisations fighting antisemitism.Last year, Adidas cut ties with West and his Yeezy brand after the rapper shared a string of hate-fuelled rants aimed at the Jewish community.“Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness,” said Adidas at the time.Earlier this month, Adidas’ CEO Bjørn Gulden said that the decision was “hurting” the business and revealed they would be selling the remaining stock [worth an estimated £960million], with proceeds set to be donated to the organisations “that help us and were harmed by what Ye said”.It’s now been confirmed that proceeds will go to “leading anti-hate organisation” The Anti-Defamation League which is the “global leader in combating antisemitism, countering extremism and battling bigotry wherever and whenever it happens”.The Philonise & Keeta Floyd Institute for Social Change, which was founded by George Floyd’s brother Philonise, will also receive money from the sale of Yeezys.

Is Kanye West seriously trying to revive his career after everything he’s done???

Beyoncé’s side. After her Renaissance would tour earlier this month, Beyoncé for the team behind the massive production, and among the choreographers, producers, dancers, and tour managers was the name Natalia Bryant, who is credited as an intern. The 20-year-old daughter of the late Kobe Bryant recently wrapped her sophomore year at the University of Southern California and apparently nabbed the most coveted internship in all the land at Parkwood Entertainment, the record label and management company Bey founded in 2008. This content can also be viewed on the site it from.When she isn’t working hard and studying harder, Natalia Bryant has a side gig as a model. In 2021 she appeared in a promo video for Beyoncé'’ Halls of Ivy Adidas collection and referred to Bey as in her Instagram post about the gig.

Us Weekly has affiliate partnerships so we may receive compensation for some links to products and services.

If you're a fan of Kanye West's Yeezy 450 trainers, but don't want to pay the hefty price tag, then it looks like Debenhams has a similar pair that will save you the money.

, a baseball cap, and (she’s a fan of Adidas Sambas, an It-girl favorite). But on closer inspection, fashion fans can always clock the discreet-yet-chic additions that make her a street-style star.While spending Mother’s Day with her parents in the Big Apple over the weekend, the  was spotted wearing a white T-shirt, a white button-up shirt tied around her waist, slouchy cargo pants (this throwback trouser trend is having a moment), and a floppy bucket hat.

A frantic search has been launched for a missing 12-year-old boy from Edinburgh.

like or barely-there espadrilles when temperatures are soaring, kicks offer classic good looks and give you plenty of support when you’re out walking or biking everywhere. (Plus, they don’t create bizarre tan lines.)Yes, sneakers can be worn any time of year—just look to our trusty —but this is the season to get a bit more vibrant with your picks.

A treasurer for Kanye West's political wing has stepped down from his position and sent a letter to West outlining a potential infraction of campaign finance laws, Politico reports. The allegation in Patrick Krason's letter of resignation to West is reportedly directed at Milo Yiannopoulos, the far-right media personality who took the top job at West's campaign last week, according to The Daily Beast.

Adidas is currently figuring out what to do with its stock of unsold Yeezy shoes worth $1.3 billion, Billboard reports. The company ended its association with Yeezy founder Kanye West after his spate of anti-Semitic comments in late 2022.

Police have released a CCTV image of a man wanted in connection with an attack near a Scots beach.

severed partnership with Kanye West and his Yeezy brand is “hurting” the business.Bjørn Gulden said that the loss of Yeezy is “of course hurting us”, particularly sales in North America, which have seen a 20 per cent loss. The Yeezy loss cut sales by €400m (£350million) in the first quarter of 2023.BBC News reports that, overall, total revenue fell by 1 per cent.It follows Adidas cutting ties with West after he made a series of remarks last year that were viewed as anti-Semitic.