Page 2 - Harm Ohlmeyer News Today

Adidas has billions worth of Yeezy shoes and merchandise sitting in storage. Now it is planning to sell some of it off, and Kanye West is set to cash in.

Adidas has billions worth of Yeezy shoes and merchandise sitting in storage. Now it is planning to sell some of it off, and Kanye West is set to cash in.

Adidas faces a class-action lawsuit due to the ended partnership with Kanye West that has resulted in a huge loss of revenue for the company and shareholders.

Along with Kanye West suing his ex-business partner, the rapper is tied to a lawsuit Adidas shareholders are filing against the sportswear company.

The lawsuit claims Adidas was aware for some time of the potential harm that Ye’s problematic behavior could cause the company.

A group of investors is suing Adidas for allegedly knowing about Kanye Wests problematic behavior before his termination from the brand in October 2022.

Adidas has been sued by shareholders over the financial fallout of the Kanye West deal's termination.

Investors have filed a class-action lawsuit against Adidas over its partnership with Ye, the rapper formerly known as Kanye West, and alleged failure to disclose business risks.

Some shareholders are suing Adidas over the company’s Kanye West collaboration.

WASHINGTON—Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful ...