Investors sue Adidas over Kanye West partnership

The suit accuses Adidas, the company’s former chief executive Kasper Rorsted and chief financial officer Harm Ohlmeyer of being aware of or “recklessly” disregarding false or misleading statements surrounding the partnership with Ye.
Investors sue Adidas over Kanye West partnership
Kanye West, known as Ye (Ashley Landis/AP)

Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behaviour from Ye, the rapper formerly known as Kanye West, years before ending its partnership with him.

The German sports brand cut ties with its star collaborator in late October, following Ye’s antisemitic comments on social media and in interviews.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited