Yeezy Products to be Sold with New Name by Adidas .
The Adidas company has reviewed the they will be in charge of the sales of Yeezy Products but it will be will a new brand Name.
This was review by the reporters during a quarterly earnings call on Wednesday (November 9) according to them, Kanye west still owns the patent to the YEEZY Slides.
But following the information from an insider, reviews that the Adidas company still claims he to own all of the “new versions” and “colorways” of the Yeezy designs despite withdrawing their deal with Kanye west.
Following the statement made by the adidas Chief Financial Officer Harm Ohlmeyer “adidas is the sole owner of all design rights register to existing produce We intend to make use of these rights as early as 2023. We are working through all the options. When the time is right we will be more specific.”
Meanwhile all of this simply means that Adidas won’t be rolling out a different line of sandals in the store but will continue with the Yeezy line with a different brand name.
This is somehow fair as some people say in the comment section but no one knows if Kanye will still be earning anything form this as the rapper has not said anything about the decision of the Adidas.
Meanwhile it’s obvious that a lot of customers won’t have interest in the Yeezy Products again if they continue with the name because the company has cut ties with the rapper and he is no more involved in it again.
Jalen Ramsey speaks on Adidas recent plans to still use Yeezy designs in 2023
“If you don’t rock wit somebody, why would you still use they designs!? 🤔” pic.twitter.com/AOzzvzdtUt
— yzyupdates (@yzyupdates) November 9, 2022
Adidas actually dropped their deal with Kanye west last month due to his alleged currently anti-Semitic remarks which they said will not go in line with their company’s name.
Meanwhile Adidas will loss $250 million loss for the rest of 2022 due to that.