UPDATE 10/25/2022: Adidas terminates partnership with Kanye West -“effective immediately.”

“Adidas does not tolerate antisemitism and any other sort of hate speech. West’s comments were unacceptable, hateful and dangerous. Violating our values of diversity and inclusion, mutual respect and fairness.”

All Yeezy branded products have stopped production, and payments to Ye have also stopped. Here are the Brands

The original story is below:

FACTZ has learned that sports brand Adidas will be issuing a statement soon on their future relationship with Kanye West, and it doesn’t look good.

The Yeezy team is all hands on deck trying to salvage Ye’s business partnerships, especially Adidas, a multi-billion dollar deal.

FACTZ spoke with a source in Ye’s camp, “it’s been dark days this week, but Ye’s a genius, and we will overcome.”

FACTZ broke the news yesterday that Balenciaga has cut ties with the fashion rapper, which they confirmed today.

Our source in Ye’s camp said Adidas will make a hard decision by Monday, but that could be expedited to today after the Balenciaga bomb, and it looks “severed” with Adidas.

Original Story 8 AM PST – 10/21/2022