The Latest Breaking News from Yeezy

Beyoncé and Adidas entered a creative partnership in 2018 when she relaunched her activewear brand Ivy Park, but sources claim the line had not met financial expectations

CEO Bjorn Gulden said selling the popular line of shoes would mean paying royalties to Ye, who was dropped by Adidas five months ago after making antisemitic remarks on social media and in interviews.

After cutting ties with Kanye West, the company faces a financial and ethical dilemma over the profit-driving sneakers

Retail experts say Yeezys will be particularly difficult to resell given their distinct design and damaged reputation. But not doing so could cost Adidas up to 500 million euros.

Adidas warns investors that leftover Yeezy inventory could cost the company billions of Euro in sales, Lyft disappoints Wall Street with its quarterly results.

"We need to put the pieces back together again, but we need some time,” said new CEO Bjorn Gulden.

A raft of brands have cut ties with the rapper and designer legally called "Ye", and many are still paying the price of working with him.

Stock futures slip as Treasury yields move higher; Adidas counts the cost of Kanye West split, shares slump; PayPal higher after solid Q4 earnings, CEO Schulman to retire; Lyft shares collapse after grim forecast widens gap with Uber and Expedia slides as severe December weather blunts travel, bookings.

German sportswear company cut ties with rapper in 2022 over his antisemitic comments