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The Latest Breaking News from Adidas

The Loop: Medibank reveals full extent of cyber attack, Kanye West no longer a billionaire after Adidas deal scrapped

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happened.

ABC News

Adidas reinvents a classic with limited edition Samba OG golf shoe

The OG Sambas are set to drop in November for the United States.

USA Today Sports Media Group

Kanye West antisemitism: Was Adidas really founded by a Nazi?

The brothers who founded Adidas’ precursor were members of the Nazi party

The Independent UK

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Ye is not a billionaire after Adidas terminates deal

Without the Adidas deal, Kanye West's estimated worth drops to $400 million, Forbes said Tuesday,

Axios

Kanye West no longer a billionaire after Adidas cuts ties over antisemitic comments

Losing his Adidas partnership proved to be a massive kick to Kanye West’s net worth.

Tribune News Service

Adidas Ends Relationship With Ye After Antisemitic Comments

The company had begun a review of the its partnership with the musician earlier this month.

Sports Illustrated

Trading Adidas Stock After Company Cuts Ties With Ye

Adidas stock has been crushed and the fallout with Ye, formerly known as Kanye West, isn't helping matters. Here's what the chart looks like now.

The Street

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Adidas ends partnership with Kanye West over anti-Semitic remarks

The sportswear company said it was expected to take a hit of up to $246m to its net income this year from this decision.

Al Jazeera

Kanye Breakup Makes Adidas Problems Worse

Doing the right thing can be costly. Adidas expects a big hit from kicking Kanye to the curb.

The Street

Kanye West assails Jews, abortion in new interview with Lex Fridman

In a sprawling new podcast interview with MIT research scientist Lex Fridman, Kanye West made yet another series of incendiary and false statements about the Holocaust, abortion and the Jewish people.

Los Angeles Times

Kanye West’s net worth plummets from $2bn to $400m after Adidas ends Yeezy partnership

Kanye West just lost his billionaire status overnight according to a Forbes estimate

The Independent UK

Adidas ends partnership with Ye following antisemitic remarks

The company faced pressure to cut ties with Ye, with celebrities and others on social media urging Adidas to act.

Chicago Sun-Times

Kanye West is 'no longer working with Johnny Depp's lawyer' after anti-Semitic comments

Kanye West has reportedly been dropped by Johnny Depp's lawyer, who was due to represent him in business matters, following the rapper's recent anti-Semitic remarks

Daily Mirror

Adidas cuts ties with Ye

Adidas AG will absorb a hit to earnings of up to €250 million ($247 million) to end its partnership with Ye following a rash of offensive behavior from the rapper and designer that turned a once-thriving shoe brand into a lightning rod for criticism.

Tribune News Service

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Manchester Evening News

Adidas cuts ties with Kanye West over ‘dangerous’ antisemitic remarks

The sportswear brand said it expects to take a hit of up to £217m following the decision

The Independent UK

Kanye West’s $2bn net worth doesn’t exist without Adidas. Is it finally over for him?

As the fallout continues from Kanye West’s antisemitic outbursts and embrace of white supremacist slogans, brand experts tell Bevan Hurley the rapper fears becoming culturally irrelevant more than losing his $2bn fortune

Wales Online

Adidas dumps rapper Kanye West over antisemitic tweets

The German sportswear giant will no longer produce the Yeezy branded products which had been made in collaboration with the rapper, now called Ye

Daily Mirror

Adidas drop Kanye West after 'thorough review' of star's anti-Semitic comments

After growing pressure on the German sports company to part ways with Kanye West, Adidas have issued a lengthy statement condemning the rapper's repeated anti-Semitic remarks and terminating their working relationship

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news in one place.

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AFP

Adidas cuts ties with Kanye West over anti-Semitic remarks

Berlin (AFP) - German sportswear giant Adidas said Tuesday it was ending its partnership with Kanye West after a series of anti-Semitic outbursts by the controversial rapper.

The Independent UK

Adidas ends partnership with Kanye West over ‘unacceptable’ remarks

It comes after a completed documentary about the rapper was shelved and he was dropped by talent agency CAA.

The Guardian - UK

Adidas cuts ties with Kanye West over antisemitic comments

Company to stop making Yeezy products and paying rapper, saying recent comments have been ‘hateful and dangerous’

WEKU

Adidas cuts ties with Ye over antisemitic remarks that caused an uproar

The decision follows a nearly decade-long relationship between the German sneaker giant and the rap superstar, also known as Kanye West.

The Independent UK

Kanye West: Adidas ends partnership with rapper over ‘hateful and dangerous’ comments

The brand called West’s comments ‘unacceptable, hateful and dangerous’

Axios

Adidas drops partnership with Ye amid outcry over antisemitic remarks

In the short-term, the company expects to lose €250 million in revenue.

The Independent UK

Adidas ends partnership with Ye over antisemitic remarks

Adidas has ended its partnership with the rapper formerly known as Kanye West over his offensive and antisemitic remarks

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