Adidas, Kanye West Settle All Legal Disputes

Adidas and rapper Ye, formerly known as Kanye West, have reached an out-of-court settlement that concludes all legal disputes stemming from the termination of their partnership two years ago. The fallout was initially sparked by antisemitic comments made by Ye, leading Adidas to end their collaboration and resulting in multiple lawsuits. Both parties have agreed to withdraw all claims, with no monetary exchange involved, marking the end of the legal battle. Adidas CEO Bjorn Gulden confirmed that there are no remaining issues, and the company has since resumed selling its remaining Yeezy inventory, directing some proceeds to charity. This resolution signifies a mutual decision to move forward without further contention. The settlement was first reported by Reuters and has been corroborated by other major news outlets.