For the past two years, Adidas and West have been involved in several legal disputes following the German company’s termination of a collaboration with the rapper due to antisemitic remarks he made in 2022.
After the collaboration ended, a ton of West’s well-known Yeezy sneakers remained unsold.
“There isn’t any more open issues, and there is no… money going either way, and we both move on,” stated Bjorn Gulden, CEO of Adidas.
He refused to elaborate on the terms of the agreement.
Tensions existed on a wide range of topics,” he continued. As soon as you position the claims on the correct side.
The company’s Yeezy sneakers had been a huge success and were in high demand on the secondhand market, frequently fetching hundreds of pounds.
Adidas announced last year that a portion of the money raised from the sale of Yeezy stock, which was formerly highly sought after but is now on sale for less, will be donated to charitable organizations.
