Adidas Yeezy Boost

Kanye West Gets Praise From Snoop Dogg, & More After Revealing Adidas Is Suing Him For $250 Million

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Kanye West shared multiple posts about Adidas continuing to sell its inventory of the Yeezy Boost 350 on Instagram, on Monday. He says that he’s getting no profit from the sales and advised fans not to purchase the sneaker. Additionally, he revealed Adidas is still suing him for $250 million. In response, many followers shared their support for him in the comments section.

“Speak ya truth,” Snoop Dogg commented on a video of West explaining the situation. Colby Covington called for a boycott of the brand. Another fan suggested: “Just move back to Nike ye. They gon love you there.” One user joked: “Kanye gets in front of a mirror every time he talks to make sure he talking to the brightest person in the room when he rants. That’s why he never looking at the camera.”

Read More: Kanye West Reveals Yeezy Earnings Following DIY Super Bowl Ad

Kanye West Attends Milan Fashion Week

MILAN, ITALY – FEBRUARY 23: Renzo Rosso, Kanye West and Bianca Censori attend the Marni fashion show during the Milan Fashion Week Womenswear Fall/Winter 2024-2025 on February 23, 2024 in Milan, Italy. (Photo by Arnold Jerocki/Getty Images)

In another post, Ye shared a screenshot of Adidas selling a grey version of the Yeezy Boost 350 and explained that the sneaker is “corny” now. “Anybody who loves Ye would not buy these fake Yeezys,” he wrote. “I never made these color ways I’m not getting paid off of them and adidas is suing me. All these celebrities and the public will stand against a T shirt or the color of my hat but when yall see me have my children hidden from me or see an actual Fortune 500 company rape one of your heroes in real life don’t nobody say nothing or do nothing. As far as the system goes What yall gone do now Take my album down again Freeze my accounts again Threaten people to not work with me again. All the new non approved 350’s are cooorny and everybody know the 350 been corny.”

Kanye West Goes Off On Adidas

 
 
 
 
 
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A post shared by Ye (@kanyewest)

Adidas announced the company would be continuing to sell the inventory of its Yeezy products and donating the proceeds to charity back in 2023. Be on the lookout for further updates on Kanye West on HotNewHipHop.

Read More: Kanye West Slams Adidas For Bringing Back Yeezy 350 Inventory

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The post Kanye West Gets Praise From Snoop Dogg, & More After Revealing Adidas Is Suing Him For $250 Million appeared first on HotNewHipHop.

Kanye West x Adidas Yeezy Q3 Sales Numbers Revealed

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Kanye West and Adidas had a long and prosperous relationship before he essentially threw it all away. Of course, he did this back in 2022 thanks to his anti-semitic messages and ramblings on social media. Overall, a lot of people were disappointed with Ye. It makes sense that people would feel this way. After all, people rightfully thought their favorite artist would be above Nazi rhetoric. However, Ye proved people to be wrong, and he has since gone into a quasi-exile out in Italy.

Originally, Adidas had dropped Ye entirely. However, they eventually had a change of heart once they saw that they were bleeding money. Moreover, the brand had about $1 billion worth of Yeezy stock that was being stored in their warehouse. They needed a way to cut some of that stock loose without losing a ton of money. This subsequently led to a temporary contract in which Adidas began selling some of Kanye’s sneakers, for a limited time until the stock was all sold off.

Read More: Kanye West’s Concert In Italy Postponed, Here’s Why

Kanye West Helps Adidas Recover

Overall, this strategy has been very successful for Adidas. They have been able to make up a lot of ground, and their losses aren’t nearly as bad as before. New reporting from The New York Post shows that in Q3, Adidas made $160 million from the sale of Yeezys. This was huge for them as they are now only on track to lose $100 million as opposed to the estimated $450 million. Needless to say, the Kanye effect is still very much a real thing.

Only time will tell whether or not Adidas and Ye decide to renew their partnership permanently. If Ye is able to redeem himself and get out of his own way, then it is likely that Adidas would want the Yeezy brand back in its grasp. Let us know what you think about all of this, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the sneaker world. We will always keep you informed.

Read More: Kanye West Claims Car Crash Gave Him Autism In Desperate Text To Elon Musk

The post Kanye West x Adidas Yeezy Q3 Sales Numbers Revealed appeared first on HotNewHipHop.