Loss Of Partnership Causes Loss Of Employees For YEEZY

Hey, sneakerheads, we are here again with another news about the hottest topic. Yes, and we are talking about Yeezy! Adidas has just announced that it has terminated its partnership with Yeezy. Which is going to change the sneaker game completely! And Loss Of Partnership Causes Loss Of Employees For YEEZY.

Well, here we are going to share all the news about Yeezy. Like What will happen with their sneaker release? What will happen with Yeezy products in general?

In a report released Tuesday morning, sports brand Adidas verified. It had cut ties with Kanye West. In light of a string of anti-Semitic. And racially insensitive comments. West’s ties with Adidas had been one of the most important in the history of sportswear since his move from Nike. But the collaboration has ended with a sharply-worded press out from the label.

It says: “adidas does not accept antisemitism. And any other kind of hate speech. Ye’s recent words and actions have been inappropriate and hateful. And dangerous, and they desecrate the company’s values of variables. And inclusion, mutual respect and justice.”

Moreover, in a statement, the Buford, Georgia-based company announced it was forced to fire two-thirds of its workers. After adidas cut ties with YEEZY.

In April 2020, Okabashi joined a contract with adidas to construct YEEZY products, especially the adidas YEEZY Foam Runner. The staff was let go due to the sudden termination of orders from adidas have been ended with severance and extended healthcare scope. Okabashi has disclosed that it works with local agents. And employees to help laid-off staff find new employment. So, in its statement, Okabashi also stated. That it supports adidas’ determination to part ways with Ye and YEEZY. “Adidas does not accept hate speech. And Okabashi also stands for these matters.”

Well, It is shocking news for the sneaker world. A lot of stuff is going to change over the next coming days. So, keep an eye on Fastsole; we will keep you updated if any more statements from any of these companies or if we hear anything from Kanye West himself. We will update you on the entire situation.

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Image Credit: hypebeast.com