Adidas Severs Ties with Kanye West Over Anti-Semitic Remarks

On Tuesday morning, Adidas announced it’s ending its partnership with the rapper over his offensive and anti-Semitic remarks. The German sportswear company said the decision would hurt its bottom line, but “Adidas does not tolerate antisemitism and any other sort of hate speech.” Adidas said it expected that cutting ties with Ye would lead to losses of up to 250 million euros ($246 million) to its net income this year.

CBN’s Caitlin Burke has the story. Read the FULL version here: https://www1.cbn.com/cbnnews/us/2022/october/adidas-severs-ties-with-kanye-as-l-a-investigates-the-antisemitic-banner-he-inspired

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