Yeezy

Adidas Announces New Yeezy Stock, Kanye West Calls Them ‘Fake’

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kanye west adidas

More Yeezy sneakers are on the way from Adidas. According to Complex, Adidas announced the remaining release of its Yeezy stock on Feb. 29.

Sneaker collectors can get the “Steel Grey” Yeezy Boost 350 V2 on the day above for $230 by using the Confirmed app, Adidas app, or Adidas.com.

Adidas also teased additional sneakers, showing an image with silhouettes of the Yeezy Foam Runner, the Yeezy 500, the Yeezy Boost 350 V2, and the Yeezy Slides.

Meanwhile, Kanye West delivered a message to fans to not buy them. “Anybody who loves Ye would not buy these fake Yeezys [.] I never made these color ways [.] I’m not getting paid off of them and adidas is suing me.”

You can see his full statement below.

In Sept. 2023, Ye received words of support from Adidas CEO Bjørn Gulden. In an interview, Gulden stated he doesn’t believe Kanye West is a bad person.

“And then as creative people he did some statements which wasn’t that good,” Gulden said. “And that caused Adi to break the contract and withdraw the product. Very unfortunate because I don’t think he meant what he said and I don’t think he’s a bad person it just came across that way.

“That meant we lost that business. One of the most successful collabs in history — very said. But again, when you work with third parties that can happen. It’s part of the game.”

Adidas reports a revenue of $437 million in the first release of leftover Yeezy sneakers from their nixed deal with Ye, formerly known as Kanye West. The first run of shoes hit online in June, selling out. The second run began to sell on Wednesday.

The sale of the sneakers was the efforts to empty their inventory responsibly. After the first launch, CEO Bjørn Gulden said, “We will continue to carefully sell off more of the existing Yeezy inventory,”

Adidas has also announced the donation of over 10 million euros to groups like the Anti-Defamation League, the Philonise & Keeta Floyd Institute for Social Change, and Robert Kraft’s Foundation to Combat Antisemitism.

According to Billboard, 20% to 25% of the stock was unloaded in the first sale.

The post Adidas Announces New Yeezy Stock, Kanye West Calls Them ‘Fake’ first appeared on The Source.

The post Adidas Announces New Yeezy Stock, Kanye West Calls Them ‘Fake’ appeared first on The Source.

Is Adidas Still Selling Kanye West’s Yeezy Sneakers?

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Kanye West Adidas Yeezy 2016
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Kanye West had a good run with his Adidas partnership, but that ended up crumbling thanks to West’s antisemitic comments and Adidas not being interested in having their brand attached to that sort of thing. But, Adidas x Yeezy isn’t quite finished yet.

Is Adidas Still Selling Kanye West’s Yeezy Sneakers?

They sure are.

Last May, it was revealed that Adidas had decided to sell off their remaining Yeezy stock after terminating their partnership with West. Adidas CEO Bjorn Gulden said at the time, “What we are trying to do now over time is sell parts of this inventory and donate money to the organizations that are helping us and that were also hurt by Kanye’s statements.”

That decision ended up paying off financially: That August, it was reported the company had brought in nearly half a billion dollars from the Yeezy inventory.

Then, today (February 26), the company announced additional releases of existing Yeezy products. West didn’t take this news well, writing on Instagram, “Anybody who loves Ye would not buy these fake Yeezys. I never made these colorways. 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.”

Did Kanye West Make The New Adidas YZY 350s?

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Kanye West January 2024
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In early 2023, after discontinuing its partnership with Kanye West and his Yeezy brand, Adidas announced that it had reached an agreement to continue selling YZY-branded shoes without West’s involvement. The deal was intended to help Adidas liquidate nearly $1 billion in unsold merchandise as an alternative to destroying it. In August, it was reported that the first batch of YZYs sold turned around nearly $500 million in sales for a quarter of the warehoused goods, donating a portion of the profit to the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change.

With Adidas announcing its next run of releases, though, it looks like Mr. West is very upset about his lack of involvement. Commenting on an Instagram fan page’s post about the announcement, Kanye absolutely unloaded on Adidas’ leadership, complaining about his public treatment over the last year and a half (which was entirely self-induced, it must be noted).

kanye adidas angry
Instagram

“Anybody who loves Ye would not buy these fake Yeezys,” he wrote. “I never made these colorways. 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.”

According to sources with knowledge of the deal, though, West rarely attended meetings to give approvals, so… again… maybe don’t throw rocks and complain about all the glass. The lawsuit he refers to here was over $100 million the company delivered to him for marketing purposes which he secreted away into other accounts for other Yeezy projects and has yet to return. Adidas, meanwhile, is being sued by its own shareholders over his actions.

Kanye West Finally Got To Make All Of His Yeezy Merch Only $20 After Blowing Up His Deal With Gap

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kanye west
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Back when Kanye West was still partnered with Gap, he made a huge fuss about wanting to price all of his Yeezy merch at $20. His stated goal at the time was to make “modern, elevated basics for men, women and kids at accessible price points,” however, one of the points of contention for him regarding the Gap Yeezy line was that all of the items were priced similarly to the red jacket he wore at his Donda listening. Kanye also wanted to change the store layouts, selling the clothes out of bundles and bags on the floor rather than on hangers (with Kanye, a truly bad idea nearly always follows the good ones).

In 2022, Kanye made a big show of trying to blow up his deal with Gap, although it’s more likely the company cut ties with him over his controversial statements about Jewish people, George Floyd, and a certain mustachioed dictator with a penchant for oration and world domination. The bright side for Kanye is that now, apparently, he can live his dream of selling Yeezy merch for just $20. Every item on the Yeezy website is currently priced at $20 — not including shipping costs — with multiple options of T-shirts and women’s tank tops, jumpsuits, and rompers, as well as his somewhat controversial sock-sneakers.

You can check out the designs on offer here.

Kanye West Net Worth 2024: Updated Wealth Of The Megastar Rapper

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Kanye West, now known as Ye, is a multi-talented artist and entrepreneur. This staggering wealth can be attributed to his various successful ventures, including his illustrious music career and lucrative fashion line. In this article, we’ll delve into how Kanye West’s net worth has soared over the years and what factors have contributed to his immense fortune.

Kanye West Net Worth

With a net worth of $500 million as of 2024, according to Celebrity Net Worth, Ye is one of the richest rappers in the world.

Music Career: The Foundation Of Kanye West’s Net Worth

INDIO, CALIFORNIA – APRIL 21: Kanye West performs Sunday Service during the 2019 Coachella Valley Music And Arts Festival on April 21, 2019 in Indio, California. (Photo by Rich Fury/Getty Images for Coachella)

Kanye West began his career as a music producer, working with industry giants such as Jay-Z, Beyoncé, and Alicia Keys. However, it was his debut album, The College Dropout, that propelled him to stardom in 2004. Kanye has since released numerous chart-topping albums, including Late Registration, Graduation, 808s & Heartbreak, My Beautiful Dark Twisted Fantasy, Yeezus, The Life of Pablo, Ye, and Jesus Is King.

His music has earned him 22 Grammy Awards, making him one of the most awarded artists of all time. Additionally, his record sales and concert tours have generated hundreds of millions of dollars in revenue, forming the foundation of his net worth.

Yeezy

HOLLYWOOD, CA – JUNE 28: (L-R) adidas CMO Eric Liedtke and Kanye West at Milk Studios on June 28, 2016 in Hollywood, California. adidas and Kanye West announce the future of their partnership: adidas + KANYE WEST. (Photo by Jonathan Leibson/Getty Images for ADIDAS)

Beyond his music career, Kanye West has made a significant impact on the fashion industry with his Yeezy brand. Initially launched in collaboration with Nike in 2009, Yeezy later partnered with Adidas in 2013. The Yeezy Boost sneakers, released in 2015, quickly became a cultural phenomenon and are now highly sought-after items.

Forbes reported that Yeezy generated over $1.5 billion in sales in 2020, with Kanye receiving royalties of around $191 million. The continued success of the Yeezy brand has played a pivotal role in boosting Kanye West’s net worth.

Other Ventures

AUSTIN, TX – MARCH 19: Kanye West performs during VEVO Presents: G.O.O.D. Music at VEVO Power Station on March 19, 2011 in Austin, Texas. (Photo by Daniel Boczarski/Getty Images for VEVO)

Kanye West has further diversified his income through various other ventures. He founded the record label G.O.O.D. Music in 2004, which signed popular artists such as Big Sean, Pusha T, and Teyana Taylor. Additionally, he has ventured into the film industry, directing and producing the short film Runaway in 2010 and the 2019 IMAX film Jesus Is King.

Moreover, Kanye has invested in several businesses, including music streaming service Tidal and food chain Fatburger. These diverse ventures have contributed to his overall net worth, solidifying his status as a multi-talented entrepreneur.

Philanthropy

AUSTIN, TX – MARCH 19: Kanye West performs during VEVO Presents: G.O.O.D. Music at VEVO Power Station on March 19, 2011 in Austin, Texas. (Photo by Daniel Boczarski/Getty Images for VEVO)

Kanye West has used his wealth to support various charitable causes throughout his career. He founded the Kanye West Foundation in 2003, which aimed to help combat the high school dropout rate and provide resources for music education. Later, he launched the Donda West Foundation in honor of his mother. Kanye has continued to donate to various causes, including disaster relief efforts, education initiatives, and social justice organizations.

Conclusion/TLDR

Kanye West’s $500 million net worth is a testament to his diverse talents, relentless work ethic, and innovative spirit. From his groundbreaking music to his influential fashion brand, Kanye has left an indelible mark on the entertainment industry. As he continues to pursue new ventures, there’s no doubt that Kanye West’s net worth will remain a topic of interest for years to come.

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Kanye West Reportedly Working on His Next Album, Completing 10 Songs in a Week

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'Drink Champs' Episode Featuring Kanye West Pulled From YouTube as N.O.R.E. Offers Apologies

Kanye West is reportedly hard at work on his next album. Reports state that the music icon is in “a truly great headspace” and ten new songs were finished in the past week.

According to TMZ, Ye’s new work will be reminiscent of “old Kanye,” and there have been collaborations with Ty Dolla $ign. Recently, Ye’s “Jesus Is King 2” leaked online with Dr. Dre.

In another possible sign of a full Ye comeback, he receives words of support from Adidas CEO Bjørn Gulden. In an interview, Gulden stated he doesn’t believe Kanye West is a bad person.

“And then as creative people he did some statements which wasn’t that good,” Gulden said. “And that caused Adi to break the contract and withdraw the product. Very unfortunate because I don’t think he meant what he said and I don’t think he’s a bad person it just came across that way.

“That meant we lost that business. One of the most successful collabs in history — very said. But again, when you work with third parties that can happen. It’s part of the game.”

The post Kanye West Reportedly Working on His Next Album, Completing 10 Songs in a Week first appeared on The Source.

The post Kanye West Reportedly Working on His Next Album, Completing 10 Songs in a Week appeared first on The Source.

Adidas CEO Bjørn Gulden Says Kanye West is Not a Bad Person

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'Drink Champs' Episode Featuring Kanye West Pulled From YouTube as N.O.R.E. Offers Apologies

Ye is receiving words of support from Adidas CEO Bjørn Gulden. In an interview, Gulden stated he doesn’t believe Kanye West is a bad person.

“And then as creative people he did some statements which wasn’t that good,” Gulden said. “And that caused Adi to break the contract and withdraw the product. Very unfortunate because I don’t think he meant what he said and I don’t think he’s a bad person it just came across that way.

“That meant we lost that business. One of the most successful collabs in history — very said. But again, when you work with third parties that can happen. It’s part of the game.”

Adidas reports a revenue of $437 million in the first release of leftover Yeezy sneakers from their nixed deal with Ye, formerly known as Kanye West. The first run of shoes hit online in June, selling out. The second run began to sell on Wednesday.

The sale of the sneakers was the efforts to empty their inventory responsibly. After the first launch, CEO Bjørn Gulden said, “We will continue to carefully sell off more of the existing Yeezy inventory,”

Adidas has also announced the donation of over 10 million euros to groups like the Anti-Defamation League, the Philonise & Keeta Floyd Institute for Social Change, and Robert Kraft’s Foundation to Combat Antisemitism.

According to Billboard, 20% to 25% of the stock was unloaded in the first sale.

The post Adidas CEO Bjørn Gulden Says Kanye West is Not a Bad Person first appeared on The Source.

The post Adidas CEO Bjørn Gulden Says Kanye West is Not a Bad Person appeared first on The Source.

Adidas Yeezy Boost 350 V2 “Granite” Blessed With New Restock

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Overall, the Adidas Yeezy Boost 350 V2 is one of the greatest sneakers to come out of the Kanye West camp. Although it was a shoe that took some getting used to, it eventually became a classic. These days, this sneaker is pretty well inescapable. Before the end of the Adidas and Yeezy partnership, this sneaker got a ton of new colorways. Moreover, now that the partnership is back on for a limited time only, the 350 V2 has been subjected to a plethora of incredible restocks. This has made fans very excited and for good reason.

If you have been paying attention to these restocks, then you know that there have been a whole plethora of 350 V2 models to return. This has proven to be an amazing restock, with lots of shoes selling out pretty well instantly. However, you will notice that both old and new colorways are part of this restock. One of the older colorways, is the “Granite” model which can be found down below.

Read More: Foot Locker Won’t Restock Yeezys

“Granite” Adidas Yeezy Boost 350 V2

Adidas Yeezy Boost 350 V2
Image via Brandon1an

As you will see in this official image, the shoe has a fairly neutral look to all of it. Firstly, the shoe has a primeknit upper covered in dark grey. Secondly, we get similar-colored laces to add some uniformity. From there, the black stripe shows up on the side with “SPLY-350” written in grey. This is a colorway that works perfectly for this particular silhouette. Especially with the grey reinforced Boost midsole that brings it all together.

The restock for this shoe has already happened, however, these can still be found online in a plethora of sizes. Overall, it is good to see these back in larger quantities. It’s likely they will never be released again. Let us know what you think of this sneaker, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the sneaker world. We will be sure to bring you the biggest releases from the biggest brands.

Read More: Drake Gives Hilarious Backhanded Compliment To Fan Wearing Yeezys

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Foot Locker Won’t Restock Yeezys

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Foot Locker won’t be restocking Kanye West’s Yeezys. Reportedly, Foot Locker was scheduled to receive a shipment of the merchandise recently, however, they quickly backpedaled. A source told Complex that the company found it tough to integrate charity with the sale of the shoes. Their decision reportedly surrounds various antisemitic comments made by Kanye in 2022.

Following the comments, Foot Locker shared a statement addressing Kanye’s apparent antisemitism. “Foot Locker, Inc. does not tolerate any form of antisemitism, or hateful and discriminatory behavior,” they wrote. “While we remain a partner with adidas and carry a wide assortment of their collections, we will not be supporting any future Yeezy product drops, and we have instructed our retail operators to pull any existing product from our shelves and digital sites.” It’s clear that the controversy wasn’t a great look for companies associated with Kanye, however, there are some retailers are selling Yeezys.

Read More: Bianca Censori Rocks Chainmail Bikini On Newly Public Instagram Page

Foot Locker Doesn’t Want To Associate With Kanye West

Foot Locker Won't Restock Yeezys, Doesn't Want To Associate With Kanye West Amid Antisemitic Remarks
Kanye West aka Ye is seen on October 28, 2022 in Los Angeles, California (Photo by MEGA/GC Images)

Apparently, Foot Locker was scheduled to release Yeezys as recently as last week. CEO of Adidas, Bjørn Gulden, revealed recently that the company had some concerns about bringing Yeezys back. “The Yeezy thing was something we were nervous about that worked,” he explained. Luckily for Kanye, however, he appears to be working on his own fashion endeavors as of late. It was reported today that he’s working alongside his “wife,” Bianca Censori, in creating some new designs.

Kanye will be making his official “comeback” to the fashion game, a source told US Weekly. “Bianca has been helping Kanye with some designs, and they both think their fashions are going to be culture shifting,” they also add. “They are having a blast traveling right now and Kanye has been very inspired.” The duo has been spotted together in Italy as of late, being photographed in some eye-catching ensembles. Recently, the couple has also even opted to occasionally go without shoes.

Read More: Bianca Censori Reportedly Grossed Out By Kanye West’s “Stench”

[Via]

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Drake Gives Hilarious Backhanded Compliment To Fan Wearing Yeezys

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The It’s All a Blur Tour has already been very memorable. After starting nearly a month after it was supposed to, Drake’s had phones and bras thrown at him while also having fans face-plant at his guest stars. Meanwhile, the Kentucky Wildcats are training on his personal court. In short, it’s a very exciting time to be Drake. And that’s not getting into how he reignited his beef with Anna Wintour during his Boston shows. Fans spotted a giant, unflattering hologram of Wintour’s head multiple times during the concert.

Meanwhile, off the stage, Drake has tried to hook Bobbi Althoff up with his boy Smiley. He has also linked up with Kiyan Anthony and made some bizarre comments about Giannis Antetokounmpo while in Milwaukee. It feels like a tour stop doesn’t go by without Drake pulling at least one headline. Granted, a lot of them about the bras that have been thrown onto the stage but regardless. Well now Drake is giving his fans some fashion advice.

Read More: Drake Backs Nate Diaz Over Jake Paul With Six-Figure Bet

Drake Roasts A Fan’s Yeezys

At a recent concert performance, Drake gave a backhanded compliment to a fan near the stage. “You look great bro. Even though you’re wearing Yeezys, you look great.” Of course, Drake is referring to the shoe line developed by the now-infamous Kanye West. After a long legal battle following Adidas’ very public divorce from West after his slew of antisemitic comments towards the end of 2022. Despite the fallout, the brand remains immensely popular. Adidas made their recently made their first restock of Yeezys since the incident, making nearly $350 million worth of the shoes.

Meanwhile, Birdman has been making some bold claims about Drake. “So you know with Nicki and Drake, that s**t about $15-20million a show,” Birdman stated. “Big facts. A lot of [money on the table]. $4-5million a show. We’ve been offered about $4-5million a show. That’s without Drake and Nicki,” Birdman said about a Young Money reunion. The It’s All a Blur tour is currently on its way to a four-show stretch in Inglewood. Overall, the tour runs until the start of October.

[via]

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