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☆ Yeezy staffers commuted nearly 900 miles by private jet from California to Wyoming after Kanye West demanded Adidas open a facility there, report says
▼ + stars: | 2022-11-10 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Yeezy staff commuted by private jet from California to Wyoming to work close to Kanye West's ranch. West demanded Adidas open a facility in Wyoming, only for it to shut after just six months. Bloomberg previously reported that Kanye West demanded Adidas set up the new facility near his Cody, Wyoming ranch, which then closed its doors within 6 months. Around 90 Yeezy staffers in total worked in the state, Rolling Stone reported. Two Yeezy staffers told Rolling Stone that West initially planned to open a Yeezy HQ in Chicago in 2018, with workers expected to make the move immediately.

☆ Kanye West's Turbulent 9-Year History With Adidas
▼ + stars: | 2022-11-09 | by ( Matthew Kish | Danni Santana | ) www.businessinsider.com time to read: +4 min

Adidas announced an endorsement deal with Kanye West in November 2013. By 2019, Adidas sales of his Yeezy brand eclipsed $1 billion annually. In November 2013, Adidas sales in North America, the most critical territory for sportswear sales, were down 1% for the year. But that same month, Adidas announced a partnership with Kanye West, the polarizing musician and fashion designer, now known as Ye. Despite the turbulence, Adidas Yeezy sales continued to grow.

☆ Kanye West's worst nightmare is coming true — Adidas plans to sell Yeezys under new branding
▼ + stars: | 2022-11-09 | by ( Matthew Kish | ) www.businessinsider.com time to read: +3 min

On an earnings call Wednesday, Adidas said it plans to release more Yeezys under its own branding. "I'm not standing for this blatant copying no more," he wrote on Instagram reacting to images of the Adidas Adilette slide. On a Wednesday call to discuss quarterly earnings, Adidas Chief Financial Officer Harm Ohlmeyer reiterated the company owns the designs it made in partnership with Ye. Pressed during a subsequent Q&A with reporters, Ohlmeyer declined to elaborate on Adidas' plans, beyond repeating the company owns "all the versions and new colorways. An exception could be the Yeezy Slide, for which Ye owns the patent.

☆ Adidas warns of big earnings hit after ending Ye partnership
▼ + stars: | 2022-11-09 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Adidas on Wednesday cut its full-year guidance on the back of the German sportswear giant's termination of its partnership with Kanye West's Yeezy brand. The company ended its relationship with Ye, formerly known as Kanye West, on Oct. 25 after the musician launched a series of offensive and antisemitic tirades on social media and in interviews. Adidas now projects a net income from continuing operations of around 250 million euros ($251.56 million), down from a target of around 500 million euros laid out on Oct. 20. Operating profit came in at 564 million euros, while net income from continuing operations of 66 million euros, down from 479 million euros a year ago, was "negatively impacted by several one-off costs totalling almost 300 million as well as extraordinary tax effects in Q3," Adidas said.

☆ American Hospital Association's political committee falls victim to 'fraudulent activity'
▼ + stars: | 2022-11-08 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +4 min

American Hospital Association PAC "promptly notified law enforcement after learning of the fraud," Hatton noted. American Hospital Association spokesman Colin Milligan declined further comment when reached Tuesday by Insider. American Hospital Association PAC financial filing indicating fraudulent activity. Big political money playerFounded in the late 1970s, the American Hospital Association PAC is one of the nation's most prolific special interest political committees. The American Hospital Association counts "nearly 5,000 hospitals, health care systems, networks, other providers of care and 43,000 individual members" among its membership.

☆ Thieves keep stealing money from Kanye West's old 2020 presidential campaign account
▼ + stars: | 2022-11-03 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +5 min

Ye's 2020 presidential campaign account still has lots of money in it. A letter from Kanye West's 2020 presidential campaign committee to the Federal Election Commission. Federal Election CommissionSeparately, West's campaign reported a "fraudulent charge" of $233.98 on July 17 related to a campaign committee payment to Verizon. A campaign finance disclosure from Kanye West's 2020 presidential campaign to the Federal Election Commission. Now known as Ye, West's 2020 presidential campaign was a decidedly quixotic effort that gained far more attention than it ever did votes.

☆ Kanye West demanded Adidas send Yeezy staff to work at a remote ranch in rural Wyoming that then closed down within 6 months, report says
▼ + stars: | 2022-11-02 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Kanye West demanded Adidas set up a Yeezy facility in rural Wyoming, Bloomberg reported. West bought two ranches near the town of Cody in 2019 after recording his 2018 album, Ye, in the state. An Adidas employee, who spoke to the news outlet anonymously, said that the rapper wanted a new workplace near his $14 million ranch in Cody, Wyoming. The move required millions of dollars worth of machinery to be transported, as well as numerous Adidas staff being relocated, Bloomberg reported, citing the employee. Per Hypebeast, 30 staff already worked at West's ranch near Cody.

☆ Spirit Halloween memes take over the internet again — and this time the hilarious viral costume trend spares no one
▼ + stars: | 2022-10-30 | by ( Bethany Biron | ) www.businessinsider.com time to read: +2 min

Spirit Halloween fake costume memes are taking over the internet. The Halloween retailer has also been the subject of viral retail apocalypse memes in recent years. The Halloween costume store sparked a viral meme trend, this time a series of user-generated images of tongue-in-cheek, fake Spirit Halloween-branded costumes. "Photoshopping our packages seems to be trending at the moment," said a tweet on the official Spirit Halloween account October 24. According to Know Your Meme, the trend began in 2015 when a user included Spirit Halloween in a viral "rundown shopping mall starter pack" post.

☆ Kanye West's Yeezy products are still being sold on the Farfetch website
▼ + stars: | 2022-10-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Global fashion platform Farfetch is still selling more than 200 Yeezy products on its site. Farfetch had more than 200 Yeezy sneakers, boots, and slides on its website on Sunday and is yet to make a statement on whether it will continue to sell Yeezy products. Two items viewed by Insider were a Season 7 Desert Boot in "House Blue" for £980 ($1,138) and Adidas Yeezy Boost 700 "Hired" sneakers for £534 ($620). Gap is removing Yeezy Gap, a collaborative line, from its brick-and-mortar stores and has shut down the Yeezy Gap website after it said that hate and racism did not adhere to its values and was "inexcusable." Balenciaga and Adidas also pulled the plug on their partnerships with Yeezy over West's comments.

☆ Elon Musk says he's creating a 'content moderation council' for Twitter after Kanye West's account was reinstated
▼ + stars: | 2022-10-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk said he'll form a Twitter "content moderation council" with "widely diverse viewpoints." Musk tweeted suggestions for Twitter but no decisions will be made until the body meets. The new owner of Twitter tweeted that the body would be made up of people who hold "widely diverse viewpoints." He added: "To be super clear, we have not yet made any changes to Twitter's content moderation policies." Another user asked why Kanye West's account was reinstated and Musk replied: "Ye's account was restored by Twitter before the acquisition.

☆ Musk says he had no role in bringing Kanye West back on Twitter
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +1 min

The billionaire said Twitter had restored the account of the rapper, now known as Ye, before the completion of the social media platform's $44 billion takeover late on Thursday. loadingYe, who has over 30 million followers on Twitter, has courted controversy in recent months by publicly ending major corporate tie-ups and making outbursts on social media against other celebrities. On Oct. 8, Musk tweeted "Welcome back to Twitter, my friend!" Musk took ownership of Twitter with brutal efficiency on Thursday, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential social media platform. Earlier in October, Ye agreed in principle to buy Parler, the social media platform popular among U.S. conservatives.

☆ Kanye West back on Twitter after suspension as Musk takes control of platform
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +2 min

Oct 28 (Reuters) - Rapper Kanye West's Twitter profile, which was suspended for posting anti-Semitic remarks, appeared to be back up on the platform, a day after billionaire Elon Musk took ownership of the social media company following his $44 billion deal. Ye, who has over 30 million followers on Twitter, has courted controversy in recent months by publicly ending major corporate tie-ups and making outbursts on social media against other celebrities. when Ye posted on the platform for the first time in two years after his Instagram account was restricted. Musk took ownership of Twitter with brutal efficiency on Thursday, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential social media platform. read moreEarlier in October, Ye agreed in principle to buy Parler, the social media platform popular among U.S. conservatives.

☆ Kanye West's controversial $15,000-a-year school has abruptly shut its doors, reports say, amid a backlash over his antisemitic comments
▼ + stars: | 2022-10-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Kanye West's controversial Christian school has abruptly shut its doors, reports say. West, under fire over antisemitic comments, appeared to confirm the closure in a since-deleted Instagram post. Students at the $15,000-a-year school, Donda Academy, wear uniforms designed by Balenciaga. Donda Academy, an unaccredited Christian school, requires parents to sign non-disclosure agreements before students join, Rolling Stone reported. Students at the $15,000-a-year school wear uniforms made by Balenciaga and the rapper's own brand, Yeezy.

☆ Kanye West's unsold Yeezy merchandise: Where will it all go?
▼ + stars: | 2022-10-27 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNNBusiness —Yeezy merchandise has no place to go. So where will the mounting glut of Yeezy products — sneakers, sweatshirts, sweatpants, jackets, T-shirts, bags — wind up? Morningstar analyst David Swartz said Gap will probably have to destroy or otherwise dispose of — perhaps through donations — its unsold Yeezy merchandise. Environmental impactThe options for dealing with unsold Yeezy gear pose big challenges. “Exporting it looks to be the last and final best solution to make Yeezy products disappear,” said Flickinger.

☆ Video: Hear Israeli president's response to Kanye West's remarks
▼ + stars: | 2022-10-26 | by ( ) edition.cnn.com time to read: 1 min

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☆ Rams' Donald, Celtics' Brown cut ties with Kanye West's sports marketing agency
▼ + stars: | 2022-10-26 | by ( Rory Carroll | Thomson Reuters | Los Angeles-Based Sports Reporter Who Interviews The Most Impactful Athletes | ) www.reuters.com time to read: +2 min

LOS ANGELES, Oct 25 (Reuters) - Rams defensive lineman Aaron Donald and Celtics guard Jaylen Brown on Tuesday announced they were terminating their relationships with Kanye West's sports marketing agency in light of the musician's antisemitic remarks. "The recent comments and displays of hate and antisemitism are the exact opposite of how we choose to live our lives and raise our children." "I have always, and will always, continue to stand strongly against antisemitism, hate speech, misrepresentation, and oppressive rhetoric of any kind," he said in a statement. read more"Adidas does not tolerate antisemitism and any other sort of hate speech," the German company said. "Ye's recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company's values of diversity and inclusion, mutual respect and fairness."

☆ Resale site The RealReal joins the list of companies cutting ties with Kanye West and his Yeezy line after the rapper's antisemitic remarks
▼ + stars: | 2022-10-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

The RealReal said Tuesday that it would not be accepting new listings for Yeezy products on its site. Adidas announced earlier that it would be ending its production of all Yeezy products. However, Adidas still plans to sell Yeezy designs under its own branding starting next year, according to Bloomberg. Shortly after Adidas's announcement, a slew of retailers made moves to pull Yeezy products from their stores. Gap said Tuesday it was removing Yeezy products from its stores and began redirecting visitors from YEEZYGAP.com back to Gap's homepage.

☆ Kanye West's antisemitic rants are the tip of a much longer spear
▼ + stars: | 2022-10-25 | by ( Tal Lavin | ) www.businessinsider.com time to read: +9 min

Recent comments by Kanye West, now known as Ye, echo ancient antisemitic tropes, writes Tal Lavin. Over on Instagram, where I'd posted a picture of me cuddling a goat, someone commented: "Kanye West was right about you people." But these sentiments are just the tip of a much longer spear. Ye's comments in particular echo a very long history of antisemitic tropes — tropes that have left a trail of blood in their wake. On "Drink Champs" Ye spit into the mic about the evils of the "Jewish media."

☆ Kanye West has reportedly been dumped by talent agency CAA, and a film studio has scrapped a finished documentary about the rapper in the wake of his antisemitic remarks
▼ + stars: | 2022-10-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Famed talent agency CAA is the latest company to cut ties with Kanye West following his recent antisemitic remarks. In addition, film and TV studio MRC said it's shelving a completed documentary about the rapper. Several brands have distanced themselves from West in recent weeks, including Balenciaga and Vogue, and others may follow suit soon. The same day, film and TV studio MRC said it's shelving a completed documentary on the rapper and Yeezy entrepreneur. On Monday, West's ex-wife, Kim Kardashian, appeared to address West's antisemitic remarks in a message of her own, writing on Twitter, "Hate speech is never OK or excusable.

☆ Truth Social's CEO said he and Donald Trump 'like the fact' that Kanye West is buying Parler because free speech is 'absolutely necessary'
▼ + stars: | 2022-10-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Truth Social CEO Devin Nunes said Trump and him "like the fact" Kanye West is buying Parler. Nunes told Fox Business only Truth Social and Rumble act as a fail-safe for American free speech. "We like the fact that Kanye West is buying Parler," Devin Nunes said. Nunes seemingly implied that only Truth Social and Rumble have protected American free speech this year. Truth Social did not immediately respond to Insider's request for comment.

☆ For $15k and a signed NDA, students at Kanye West's unaccredited Donda Academy start the day with 'full school worship' before parkour enrichment classes
▼ + stars: | 2022-10-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

The unaccredited pre-K through 12th-grade school, Donda Academy, costs $15,000 per year to attend, Rolling Stone reported. In comparison, Donda Academy charges $15,000 per student, Rolling Stone reported, with about half of students receiving some sort of financial aid. Donda Academy, its principal, Brianne Campbell; assistant principal, Allison Tidwell; and sports director Shayla Scott did not respond to Insider's requests for comment. Tamar Andrews, an educational consultant for Donda Academy, confirmed to Rolling Stone that parents are asked to sign an "informal agreement" to enroll. "The process of Donda school is for the parishioners, for the attendees," Yusef told Rolling Stone.

☆ Parler accidentally sent Ivanka Trump's private email to hundreds of users by forgetting to use bcc, reports say
▼ + stars: | 2022-10-21 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Parler sent an email to over 200 of its verified users to announce Kanye West's acquisition deal. The email cc'd the addressees of its verified users, revealing them as a result, per reports. Among the verified users were Ivanka Trump and conservative commentator Candace Owens. Ryan said in his tweet: "Parler sent an email to all users with 300+ of their verified users CC'd instead of BCC'd""Now hundreds of people are replying and everyone has access to the personal emails of many verified users and Parler investors." It is known for having loose moderating policies than other social media platforms.

☆ Anti-Defamation League urges Adidas to sever ties with Ye's Yeezy
▼ + stars: | 2022-10-20 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The Anti-Defamation League is urging Adidas to sever ties with Ye, calling out his recent hateful comments in a letter to Adidas CEO Kasper Rorsted and Chair Thomas Rabe. In the interim, though, the retailer said it would "continue to co-manage the current product" from Ye's Yeezy brand, according to an Oct. 6 statement. In recent days, Ye's comments have escalated to include threatening and hateful comments about Jewish people. The ADL complied a list of what it deemed harmful recent comments by Ye. Morningstar analyst David Swartz estimates Yeezy sales for Adidas to be around $2 billion annually, potentially making up 10% of Adidas's total sales.

George Floyd's family is considering suing Ye, the rapper formerly known as Kanye West, for making false claims about Floyd's death, a prominent civil rights lawyer said. Merritt said Monday that he had been contacted Sunday by Floyd's brother, Philonise, about whether legal action can be taken to prevent Ye from repeating debunked claims about Floyd's death. He pleaded guilty last year to a federal charge of violating Floyd's civil rights by using excessive force under color of law and was sentenced to just more than 20 years in July. The medical examiner who ruled Floyd's death a homicide testified during Chauvin's state trial that Floyd's heart disease and drug use contributed to his death, but that police officers' restraint of his body and compression of his neck were the primary causes. In July, Kueng was sentenced in federal court to three years and Thao to three and a half years.

☆ Twitter reviews policies around permanent user bans - FT
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

A promoted tweet on Twitter app is displayed on a mobile phone near a Twitter logo, in this illustration picture taken Sept. 8, 2022. Twitter has been exploring if there are other content moderation tools that could replace a ban, its harshest penalty for violating rules, the newspaper said, citing multiple people familiar with the situation. Back in May, shortly after inking a $44 billion deal to buy Twitter, Musk had pledged changes to the social media platform's content moderation practices. Twitter restricted Kanye West's account over the weekend, saying it removed posts by the rapper that online users condemned as anti-Semitic. Register now for FREE unlimited access to Reuters.com RegisterReporting by Akriti Sharma in Bengaluru; Editing by Uttaresh.V and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

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