Following the likes of Balenciaga and JPMorganChase, Adidas has officially terminated the parternship between themselves and Kanye West over the antisemitic comments Ye has recently made.
The company said in a statement per TMZ, “Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.
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Kanye has also been suspended from Twitter and Instagram over antisemitic posts that the social networks said violated their policies.
Adidas says they expect to lose $246 million in “net income this year by ending the deal.”
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