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Agenda-setting intelligence, analysis and advice for the global fashion community.

The Ye and Adidas Conflict, Explained

The sportswear giant caught lightning in a bottle with its Yeezy partnership, but the artist’s accusations against the company have turned the deal sour.
Kanye West arrives at the Balenciaga show in New York. The musician recently aired grievances with his Yeezy brand's partners, Adidas and Gap.
Ye, formerly known as Kanye West, recently claimed to his 17 million Instagram followers that Adidas offered him a $1 billion buyout from his Yeezy venture. (Getty Images)

Adidas already had its share of bad news in August. The company issued a profit warning ahead of an earnings report, citing its struggles in China. Later in the month, it announced that chief executive Kaspar Rorsted

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Further Reading

Yeezy Gives Gap Its First Hit With Hypebeasts

Yeezy x Gap hoodies have quickly become the most traded streetwear items on StockX and are fetching premiums like those seen on Yeezy sneakers. But whether Yeezy can boost Gap overall is another question.

How Athletes Went From Selling Merch to Building Fashion Brands

High-profile athletes used to make money by inking licensing deals with retailers that use their names on jerseys and shorts. Today, sports stars like Russell Westbrook and Megan Rapinoe are launching their own labels, with full financial and creative control.

About the author
Daniel-Yaw Miller

Daniel-Yaw Miller is a contributing writer at The Business of Fashion. Miller is a New York based journalist, editor and advisor who specialises in sports, fashion and business.

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