TSR STAFF: Lawrencia G! lawrencia.cg ____________________________________ #KanyeWest and #Adidas have reached a mutual agreement to settle their legal disputes out of court, officially ending partnership. _____________________________________ According to LATimes, Adidas CEO #BjornGulden shared that both sides have withdrawn all claims, adding, “No one owes anybody anything anymore. So whatever was, is history.” _____________________________________ The issues began in October 2022 when Adidas placed its Yeezy partnership with Ye “under review” after failure to resolve their conflicts. Following the split, Adidas was left with $1.3 billion in unsold Yeezy merchandise and reported a $600 million loss that quarter. Ye also accused them of copying his shoe designs. _____________________________________ Adidas plans to sell its remaining Yeezy stock by the end of 2024. (📷: gettyimages) ✍🏾: #TSRStaffLG