News That Matters

Tag: Adidas

Adidas will sell Yeezy designs under a different name following Kanye West controversy, CFO says
Business

Adidas will sell Yeezy designs under a different name following Kanye West controversy, CFO says

Adidas says it still plans to sell Yeezy designs — just with a different name.The shoe and apparel brand announced its intentions to keep selling Yeezy products — which were created by Ye, formerly known as Kanye West — in a quarterly earnings call Wednesday."I can confirm that Adidas is the sole owner of all design rights related to existing product, as well as previous and new colorways under the partnership," Adidas Chief Financial Officer Harm Ohlmeyer said during the call. "We intend to make use of these rights as early as 2023." "Going forward we will leverage the existing inventory with the exact plans being developed as we speak," Ohlymeyer added.The announcement comes after Adidas said last month that it would cut ties with the rapper...
Stephen Colbert says Kanye West is banned from “The Late Show” theater: “Stay out of Times Square”
Entertainment

Stephen Colbert says Kanye West is banned from “The Late Show” theater: “Stay out of Times Square”

Kanye West continues to face backlash after he made multiple antisemitic comments earlier this month. On Thursday night, Stephen Colbert, host of CBS' "The Late Show" banned the rapper from going to the theater where they film and "the northern half of Times Square." "After much thought and soul-searching, I, Stephen Colbert, am banning Kanye West from the Ed Sullivan Theater," Colbert said during the opening of his show. "I have to. I have to. Line in the sand." Colbert continued to quip that his "jurisdiction extends to the northern half of Times Square."  "I am banning Kanye from coming north of Bubba Gump Shrimp," he said. "...Stay out of Times Square. He's been creeping out the Elmos and they've seen a lot already."  Colb...