Adidas Stuck With $1.3 Billion in Yeezy Shoes After Kanye West Blows Up Licensing Agreement By Gary Symons TLL Editor in Chief All over the world, boxes of Yeezy shoes are stacked in warehouses and the back rooms of retail outlets, all of them costing Adidas a literal fortune. According to the German footwear giant, Adidas is saddled with an … [Read more...] about Celebrity Licensing: Kanye West Split a Billion Dollar Mess for Adidas
Yeezy
Adidas Ends Partnership With Kanye West Over Antisemitic Posts
By Gary Symons TLL Editor in Chief Sportswear titan Adidas has ended its partnership with Kanye West, saying it “does not tolerate antisemitism.” The move comes after the controversial rapper and entrepreneur was suspended from Instagram and Twitter over offensive posts. The move will be expensive for Adidas, which signed a mutually lucrative deal with West, who … [Read more...] about Adidas Ends Partnership With Kanye West Over Antisemitic Posts
Mergers, Acquisitions & Partnerships
Contact the editor at karina@plainlanguagemedia.com i need a hero POW! Entertainment and Genius Brands come together to form a new joint venture, Stan Lee Universe, which collects over 100 original Stan Lee creations from the pop culture icon’s post-Marvel Entertainment era. The dedicated business and creative unit will develop movie films, comic books, toys, and licensed … [Read more...] about Mergers, Acquisitions & Partnerships