Adidas and Kanye West Conclude All Legal Proceedings, Yeezy Stock to Be Sold by 2024
Adidas ends legal battles with Kanye West following their 2022 partnership termination. The remaining Yeezy stock is expected to be sold by the close of 2024.
Adidas has officially settled all legal proceedings with Kanye West, also known as Yeezy, after ending their collaboration in 2022 amid backlash over his controversial statements. CEO Bjorn Gulden confirmed the agreement was reached without monetary exchange, putting “drama with West” behind.
Adidas had €1.2 billion worth of unsold Yeezy stock following the split and now plans to release the final inventory by the end of 2024.
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