Adidas Regrets Dropping Kanye West, Aims Losing $1 Billion

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Adidas is losing after Kanye West dropped from Billionaire rapper. The problem between Adidas and Kanye West first affected Kanye West.

Kanye West’s partnership with the company came to an end following Knaye’s anti-Semitic marks he made last year. Adidas couldn’t handlee YE’s anti-Semitic comment which led to end of it’s relationship with YE (Kanye West).

It was confirmed that Kanye West’s billionaire status dropped since his partnership with Adidas ended without resolving issues.

Now, Adidas is feeling the heat as well, and the company has confirmed that it expected to lose about $1 billion following the relationship break-up with Kanye West.

According to XXL, Adidas released a fiscal projection statement for 2023, which reveals by not selling existing Yeezy stock, the company is expected to take a $1.3 billion hit in the next several months. Their operating profit could also be sliced by as much as $534 million.

This is not the first time Kanye West has been dropped off. During that time he was in a good atmosphere with his wife Kim, they also enjoy partnering with Balenciaga. Although the company distance itself from YE after Kim Kardashian Kanye West her husband.

In a statement to WWD the brand said: “Balenciaga has no longer any relationship nor any plans for future projects related to this artist.” The business also removed images of Ye from its website, which showed him opening Balenciaga’s 2023 fashion show.

Kanye West has been living a low-key life and wants no social media drama again. He was once captured when he hit a paparazzi who was videoing him.

Below you can watch the video and let us know what you think about Kanye West and Adidas. Also, share your comment after watching the video that follows. Kanye West just to be along with his newly married wife, Bianca Censori.