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Search resuls for: "Kanye West"


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Kanye West, legally known as Ye, has been reinstated on Twitter, or X as it is now known. West, known as Ye, was banned for a second time in December after a string of antisemitic remarks. Ye won't be able to monetize his account and ads won't be placed alongside his posts, reported the WSJ. According to the Wall Street Journal, Ye won't be able to monetize his account and advertisements will not be placed alongside his posts. Ye previously had his account restricted in October 2022 after making comments about Jewish people which breached the platform's guidelines.
Persons: Kanye, Ye, David . Ye, Alex Jones, Adolf Hitler, Elon Musk, X Organizations: Twitter, Service, Wall Street, Adidas Locations: West, Wall, Silicon
Musk's X social media platform reinstates Kanye West's account
  + stars: | 2023-07-29 | by ( ) www.reuters.com   time to read: +2 min
July 29 (Reuters) - Social media platform X reinstated account of Ye, the artist formerly known as Kanye West, on Saturday, after it was suspended nearly eight months ago because the rapper had violated the platform's rules prohibiting incitement to violence. Ye's account now shows his last post from Dec. 1, a day prior to when his account was suspended on platform X, the new name owner Elon Musk has given Twitter. Ye won't be eligible to monetize his account on X, and advertisements won't appear next to his posts, the Wall Street Journal reported on Saturday, citing the social media platform. The social media platform did not immediately respond to Reuters' request for comment. After Ye went on a string of antisemitic rants in interviews and on social media he lost his partnership with Adidas (ADSGn.DE) and Gap (GPS.N) for Yeezy products.
Persons: Ye, Elon Musk, David . X, Musk, Donald Trump's, Trump, Baranjot Kaur, Alistair Bell Organizations: Wall Street, Reuters, Twitter, Adidas, Thomson Locations: Bengaluru
New York CNN —Gap has named a new CEO, from toy giant Mattel, nearly a year after its previous leader departed. The retailer announced Wednesday that Richard Dickson, currently Mattel’s president and chief operating officer, will assume the position. First the president of the Gap division and later CEO of the company beginning in 1995, Drexler pushed Gap to expand beyond jeans into khakis and oversaw the creation of the budget-chain Old Navy in 1994. It doesn’t help that Old Navy and Banana Republic are also struggling, adding to Dickson’s challenges. In short, being CEO of Gap is not for the faint of heart,” Saunders said.
Persons: Richard Dickson, He’s, Dickson, ” Dickson, Barbie, Neil Saunders, GlobalData, , Chris Blakeslee, Alo Yoga, West, Sonia Syngal, Mickey Drexler, Drexler, Paul Pressler, Glenn Murphy, Peck, Syngal, ” Saunders Organizations: New, New York CNN, Mattel, Jones New, Warner Bros, CNN, Athleta, Republic, Kanye West, Navy, Disney, Gap, Banana Republic Locations: New York, Jones New York, Zara, North America, Peck
A fashion week guest seen wearing red Adidas yeezy shoes, outside paul and joe during London Fashion Week September 2022 on September 17, 2022 in London. German sportswear giant Adidas on Monday said it expects a significantly smaller operating loss for the year after recording better-than-expected early sales of its Yeezy stock, which it is offloading after cutting ties with collection creator Ye. The company also reported a slight outperformance in the underlying Adidas business and said it still expects underlying operating profit, excluding one-offs related to Yeezy and a wider ongoing strategic review, to roughly break even for the year. "If successful, potential future Yeezy drops would further improve the company's results," Adidas said in a statement, refering to further releases of existing inventory. That left the question of what the company would do with its existing Yeezy stock.
Persons: paul, Ye, David Swartz Organizations: Adidas, London, Defamation League, Keeta Floyd Institute for Social Locations: London,
Adidas sees smaller 2023 loss thanks to Yeezy sales
  + stars: | 2023-07-24 | by ( ) www.reuters.com   time to read: +2 min
The German company had previously forecast a full-year operating loss of 700 million euros. Operating profit for the second quarter was 176 million euros, down from 392 million a year earlier. Adidas said the potential impact of a Yeezy stock write-off was now 400 million euros, down from 500 million euros expected previously. The shoes' popularity has endured despite Ye's public pronouncements, with Yeezy shoes selling at high premiums on resale sites. Adidas said the rest of its business also did "slightly better than expected" in the second quarter.
Persons: Ye, Bjorn Gulden, Helen Reid, Thomas Escritt, Jan Harvey, Susan Fenton Organizations: Adidas, Kanye, Defamation League, Thomson Locations: BERLIN
July 24 (Reuters) - Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company's "most optimistic forecast," the Financial Times reported on Monday. Adidas stopped selling Yeezy shoes from its defunct partnership with Ye in October after the rapper formerly known as Kanye West made a series of antisemitic comments. Adidas declined to comment saying it was in a "quiet period" ahead of its quarterly results due Aug. 3. Adidas Yeezy shoes are seen in a store on the day Adidas terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, U.S., October 25, 2022. Adidas had forecast a loss this year before announcing its intentions to sell leftover Yeezy stocks.
Persons: Ye, Kanye, Kanye West, Shannon Stapleton, Bharat Govind Gautam, Juby Babu, Savio D'Souza, Nivedita Organizations: Adidas, Financial Times, REUTERS, Thomson Locations: Garden City , New York, U.S, China, Bengaluru
CNN —Strong sales of leftover Yeezy inventory is helping Adidas recoup some of its losses. Recent sales of the shoes left over from the abandoned collaboration with Ye, the rapper formerly known as Kanye West, should reduce Adidas’ expected operating loss to $498.3 million, the company said in a statement on Monday. Adidas announced some of their Yeezy inventory was available for sale in a statement in May. In addition to the lower operating loss, the potential write-off for remaining Yeezy inventory decreased to $443 million. These sales only included some of Adidas’ Yeezy leftover inventory, and the company said in the statement this may be the first of many for the discontinued shoe.
Persons: CNN —, Ye, Scott Olson, , Bjørn Gulden Organizations: CNN, Adidas, Getty
CNN —The inimitable Taylor Swift has been on her record-breaking “Eras” tour and along the way, she’s played a different “surprise song” to change up the setlist at every concert. On Saturday during her Seattle concert, Swift’s surprise song was an acoustic version of “This Is Why We Can’t Have Nice Things,” a “Reputation” album track that’s been long-speculated by Swifties to be about Kanye West, who has notoriously clashed in public with the singer through the years. It all started, as if we could forget, when the “Gold Digger” rapper notoriously interrupted Swift at the 2009 MTV Video Music Awards while she was accepting the award for best female video. The artists clashed again in a 2016 dispute over whether or not the rapper cleared lyrics with Swift for his song “Famous,” wherein he calls Swift a “b—” and takes credit for her fame. Despite the fact that a handful of songs from the 2017 album are played regularly on the “Eras” tour, “Nice Things” serves as a very specific reminder of what may bubble up when the “Reputation (Taylor’s Version)” album eventually comes out.
Persons: Taylor Swift, she’s, Swift’s, Swifties, , Swift, John Mayer – Organizations: CNN, Kanye Locations: Seattle, Swift’s
CNN —A music festival in Malaysia has been canceled after the lead singer of British band The 1975 Matty Healy slammed the country’s anti-LGBTQ laws and kissed a bandmate on stage. The on-stage incident at the Good Vibes Festival in Kuala Lumpur on Friday night prompted the country’s Ministry of Communications to cancel the rest of the three-day event. Homosexual acts are illegal in Malaysia and punishable by fines and up to 20 years in prison. Healy added that the band considered canceling the show but decided against it to not disappoint the fans. In 2019, Healy kissed a male fan during a concert in Dubai, in defiance of the region’s anti-LGBT laws.
Persons: Matty Healy, Healy, , , you’re, ” Healy, Ross MacDonald, It’s, – Healy Organizations: CNN, country’s Ministry of Communications, Ministry of Communications, Digital, Malaysian Home Affairs Ministry, Nazi, Kanye, Twitter Locations: Malaysia, Kuala Lumpur, Dubai
Adidas is now asking West to return $75 million of marketing funds, per Bloomberg. The rapper previously said he spent $50 million of marketing money on his gospel choir tour. It relates to a marketing fund that was worth $100 million a year, according to court documents seen by Insider. Adidas says $75 million was paid into two Yeezy bank accounts, but Ye and the companies "mishandled virtually all of the marketing funds," by failing to keep it separate and spending on unauthorized purposes, per Bloomberg. In a 2020 interview on Nick Cannon's podcast, Ye said that he spent $50 million of Yeezy marketing funds on Sunday Service — his gospel choir tour that included flights to Jamaica for 120 people.
Persons: Kanye, West, Ye, Nick Cannon's, Valerie Caproni, Organizations: Kanye West, Adidas, Bloomberg, Service Locations: Wall, Silicon, Jamaica
From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. Kevin Winter/ACMA/Getty Images Swift sings the National Anthem before Game 3 of the 2008 World Series in Philadelphia. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Jeff Kravitz/Getty Images Swift performs on stage during an "Eras Tour" concert in Atlanta in April 2023.
Persons: CNN — Taylor Swift, ” Swift, , Swift, ” Taylor, shaming, ” Taylor Swift, Christopher Polk, Scott, Andrea Swift, Taylor Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, didn’t, It’s, , Scooter Braun, Braun Organizations: CNN, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Machine Locations: Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta
At least seven analysts trimmed their fiscal 2024 expectations for Nike's earnings per share since the beginning of June and 10 slashed their price targets on the company's stock, ahead of its fourth-quarter results. "Coming into this current calendar year ... wholesale orders are weak at the moment," said Morningstar analyst David Swartz, adding that declines in these orders will have a negative impact on Nike. Reuters GraphicsTHE CONTEXTIn March, Nike warned of earnings pressure amid its attempts to get rid of excess inventory through heavy discounts. In May, retailer Foot Locker, which has touted its 'renewed' relationship with Nike, also flagged declining sales, particularly for fashion-oriented sneakers. Barclays analysts noted Nike could see "moderation, and potentially negative, wholesale channel growth" in the fourth quarter.
Persons: David Swartz, Jane Hali, Jessica Ramirez, Kanye, Ananya Mariam Rajesh, Krishna Chandra Organizations: Nike, Wall, Associates, Adidas, Jordan Retro, LeBron, Nike Brand, Barclays, Reuters, Refinitiv, Thomson Locations: United States, China, Bengaluru
In 2019, real-estate agents and brothers Tal and Oren Alexander sold a $240 million condo. That's the Alexander brothers' unofficial mantra. In 2015, Griffin dropped $46.4 million on an abstract painting by Gerhard Richter, putting him in the Alexanders' crosshairs. Tal wouldn't reveal how he acquired Griffin's cell phone number, Clarke noted, but one of the writer's sources said he bought it from a former FBI agent. But Griffin wasn't interested in the penthouse Tal had in mind for him.
Persons: Tal, Oren Alexander, Ken Griffin, , Alexander, Katherine Clarke, Clarke, it's Tal, Oren —, Oren, Douglas Elliman, Griffin, Gerhard Richter, Tal wouldn't, Griffin wasn't, — Griffin, Shlomy Alexander, They've, Kim Kardashian, Kanye West, Leon Black, Tommy Hilfiger Organizations: Service, Wimbledon, Rollers, Penguin Random, Citadel, Old, FBI, Alexander Team Locations: Aspen, Saudi, United States, Central Park, Miami, Miami Beach
Tucker Carlson is in trouble, if his first livestream is anything to go by. Without the chyron and quick cuts, Carlson must now compete with the likes of Alex Jones — and he's losing. First off, make no mistake: Tucker Carlson still gets the views. But "Tucker on Twitter" is not "Tucker Carlson Tonight." And of course, Alex Jones, who screams about gay frogs while selling snake oil dietary supplements.
Persons: Tucker Carlson, Carlson, Alex Jones —, he's, , Tucker, Carlson —, Taylor Lorenz, Tucker Carlson's, MSNBC's Mehdi Hasan, Alex Jones, Hasan, Lorenz, Steve Bannon, Nick Fuentes, Dan Bongino, Carlson's Organizations: Fox News, Service, Twitter, Kanye West
Customers took to social media to voice their displeasure with the company's Confirmed app. Among the issues, users reported crashes, error messages, and long wait times on draw results. Of the many silhouettes included in the restock, Yeezy Foam Runners, Yeezy Slides, and the "Pirate Black" 350 were the most coveted. Sneakers restocked on the Confirmed app via an online raffle or first-come first serve basis. Many sneakerheads could not enter a draw on the Nike SNKRS app because of app crashes or frozen screens.
Persons: , Taylor Swift, Nike's SNKRS, Lucy Rouse Organizations: Adidas, Service, Kanye, Nike, Air, Ticketmaster Locations: Chicago
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Persons: Dow Jones
Adidas said its decision to sever ties with Ye cost the company €1.2 billion in lost sales and about €500 million in profit this year. Jonathan A. Greenblatt, chief executive of the Anti-Defamation League, which is among the groups that will benefit from the proceeds of the sale, welcomed Adidas’s decision as one fitting the complexity of the problem. But other groups noted that despite Adidas’s pledge to donate the proceeds, Ye will still make money off the sales. The Yeezy brand became a defining force in the sportswear industry and an incredibly lucrative cornerstone for Adidas. Adidas said it was considering further releases of the Yeezy inventory, but it did not give a timeline.
Persons: Ye, Gulden, Philonise Floyd, George Floyd, Jonathan A, Greenblatt, Mr, , , Josef Schuster, Michael Jordan Organizations: Adidas, Keeta Floyd Institute for Social, Defamation League, Central Council of, Kanye, Nike Locations: Germany
ImageFamily dramaHBO will release its last episode of “Succession” on Sunday. The fictional Roy family in “Succession” bears an uncanny resemblance to the Murdoch family. On the other was Wellington’s nephew, Tim Mara. Show credits could feature the Venetian blind that reportedly divided their stadium luxury suites at the height of their tension. The series would end in 1995 when Tim Mara, lacking any other recourse, sold his stake in the team.
But she doesn't sign contracts with her clients, instead focusing on genuine relationships. Talent managers might have a bad rep with overbearing contracts and hefty fees, but for Perice and Made By All, clients are only held to a handshake. "I don't believe in contracts, so everything is a handshake for me, and my word is my contract," she said. Deals between clients and brands are done with signed contracts, but Perice still communicates with the NFL via DMs and texts. "Adam loves giving back, so we're able to really tie in the things that he cares about his brand."
Persons: Leanne Perice, She's, , I'm, Teyana Taylor, Perice, , Kanye, Taylor, Ugo Mozie, There's, influencer Helen Owen, Adam Waheed, it's, Waheed, Adam Organizations: Service, Interscope Records, NFL, DMs, CMO, UPS, Spice, Forbes Locations: Bali, West Coast, Los Angeles, Europe, Florence, Italy, Fairfax
After Fox News fired Carlson in April, the progressive watchdog Media Matters published embarrassing behind-the-scenes video of Carlson making crude remarks while joking with staff and denigrating the Fox Nation streaming service. The Justice Department specifically said in its letter to Fox News that the criminal probe it is conducting is connected to the leaked video published by Media Matters. In a statement to CNN on Friday, Media Matters reiterated its decision to report on newsworthy material. The Justice Department letter stressed that it was not “making any suggestions or allegations of wrongdoing” against the publishers of the leaked videos. The Justice Department letter to Fox News made no mention of Burke.
The FBI is investigating alleged leaks at Fox News linked to unaired footage of Tucker Carlson's interview with rapper Kanye West. The feds executed a search warrant at the home of a Tampa Bay city councilwoman and her husband, a media consultant and ex-journalist, earlier this month. Potential crimes being investigated include unauthorized computer access and conspiracy, The Tampa Bay Times reported. That's according to The Tampa Bay Times, which reported that as part of the investigation, the FBI executed a search warrant on the home of city councilwoman Lynn Hurtak and her husband, Tim Burke, earlier this month. A Tampa Bay prosecutor sent a letter to Fox News informing the network of the ongoing criminal investigation into the alleged hacks, The Times reported.
Persons: Tucker Carlson's, Kanye, , Lynn Hurtak, Tim Burke, Burke, Carlson, Jay Trezevant, Fox, Hurtak's, Hurtak Organizations: FBI, Fox News, Kanye West, Tampa Bay Times, Service, Times, West, Voting Systems, Media, America, The Times, Dominion, Tampa Bay, Current Locations: Tampa Bay, councilwoman, Tampa
Adidas ignored warnings from Nike that Kanye West was difficult to work with, Bloomberg reported. West started selling Yeezy sneakers with Nike in 2009, before later partnering with Adidas. Over the course of Adidas' partnership, West's behavior became increasingly erratic. Before Adidas partnered with him on its Yeezy range, Ye had already worked with Nike to develop the Air Yeezy range, with the first sneakers hitting shelves in 2009. Adidas staff were concerned about the rapper's actions for years, but the company's reliance on his sneaker range meant execs were reluctant to take action, per Bloomberg's report.
Adidas and Yeezy staff were told to carry on as usual after Kanye West made antisemitic comments. A new Bloomberg report sheds light on the unraveling of the Adidas-Yeezy partnership. One unnamed source told Bloomberg that after Kanye West – now known as Ye – made antisemitic comments that led him to be suspended from Twitter and Instagram, Adidas was slow to react. Yeezy and Adidas workers were reportedly told "to keep working as if nothing unusual was happening," Bloomberg's Eugene Kim and Tim Loh wrote. "I can say antisemitic things and Adidas can't drop me.
Now, we know the Yeezy Boost 350 "Pirate Black" will be the first to come back on the market. Stadium GoodsThe Yeezy Boost 350 "Pirate Black" was last released in 2016 during the peak of Adidas Yeezy hype. At the time, Adidas produced limited pairs of Yeezys, which fueled consumer demand for models like the Yeezy Boost 350 and Yeezy Boost 750. The "Pirate Black" Yeezy Boost 350 sneakers are one of many Yeezys coming back beginning at the end of May, according to Adidas. Others include popular colorways like the Yeezy 350 V2 "Zebra" and the Yeezy 500 "Utility Black."
The $200 million mansion was created by architect Tadao Ando, who also designed a home for Kanye West. The concrete compound comes with a 40,000 square foot residence and pool just steps from the beach. The concrete compound features an infinity pool just steps from the Pacific ocean. A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million. The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando.
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