Adidas Ends Legal Dispute with Kanye West
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Adidas has reached an out-of-court settlement with Kanye West, ending all legal proceedings without a financial exchange.
The dispute began in 2022 when Adidas terminated its partnership with West due to public pressure over his antisemitic comments.
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Adidas CEO Bjorn Gulden confirmed the settlement, stating the drama belongs to the past.
The company will sell remaining Yeezy stock by the end of 2024, valued at approximately €1.2 billion in 2022.
