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German sportswear brand says antiracism groups will receive donations after it ended its partnership with rapper Kanye West. German sportswear brand says antiracism groups will receive donations after it ended its partnership with rapper Kanye West. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Zoom In IconArrows pointing outwardsAdidas will begin selling existing Yeezy products in late May.Source: AdidasAdidas said Friday that it will start selling Yeezy products later this month for the first time since it ended its relationship with rapper Ye in October.The apparel company cut ties with Ye, formerly known as Kanye West, after he made a string of hateful, antisemitic comments. Adidas said it will donate a significant amount of revenues from the sale to at least two organizations that combat discrimination and…

The online-only retailer has set a target to grow its revenue by 40% this year, but faces geopolitical headwinds and rising competition. The online-only retailer has set a target to grow its revenue by 40% this year, but faces geopolitical headwinds and rising competition. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

Shoes are offered for sale at an Adidas store on February 10, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesAdidas intends to sell part of its leftover Yeezy inventory and donate the money to charities that were harmed by Ye's anti-Semitic comments, the company's chief executive said Thursday.The CEO, Bjorn Gulden, did not name the charities he is considering."When we do that and how we do that, remains to be seen but we're working on that" he said.At one point, the company considered burning the…

The sportswear brand ended its partnership with Kanye West last year over the rapper’s antisemitic comments, leaving it with more than $1 billion worth of unsold stock. The sportswear brand ended its partnership with Kanye West last year over the rapper’s antisemitic comments, leaving it with more than $1 billion worth of unsold stock. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

A group of shareholders is suing Adidas AG , alleging the sportswear company failed to warn investors it was aware of Kanye West’s antisemitic remarks and “extreme behavior.”  The proposed class-action lawsuit, filed in U.S. District Court in Oregon on Friday, alleges former CEO Kasper Rorsted and Harm Ohlmeyer, the company’s chief financial officer, were involved in disseminating false and misleading statements about Adidas’s relationship with Mr. West, who legally changed his name to Ye.…

Adidas shareholders have filed a class action lawsuit against the sportswear brand, claiming it knew about Kanye West’s problematic behaviour years before it ended their partnership over his antisemitic comments.The shareholders also allege that Adidas failed to mitigate their financial losses or take precautionary measures to minimise their exposure, after the designer and rapper’s erratic behaviour and offensive comments saw him and his Yeezy brand dropped by Adidas, which resulted in a sharp decline in the company’s…

Adidas AG has a plan to boost its U.S. business: focus on sports.  “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, the company’s North America president, said in an interview. Adidas AG has a plan to boost its U.S. business: focus on sports.  “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, the company’s North America president, said in an…

The Wes Anderson trend in action. Trains, cute dogs, and vintage cars are a must.Image: @keithafadi, @verdeflowerco, @avawillyumsRomanticizing your life on social media is nothing new, but some TikTokers are taking it to a new level of *~aesthetics*~. A recent trend has emerged on the video sharing platform that features users creating TikToks with a vibe ripped straight from a Wes Anderson movie. The shorts feature users going about their day-to-day activities—shopping, eating, woodworking—but all through the lens of a…

A few months ago, Google announced some new features for Wear OS-based smartwatches. Those features included new Tiles for favorite contacts, sunrise time, and sunset time. It also brought voice command shortcuts for Adidas Running through Google Assistant. The feature is now rolling out to Samsung’s Wear OS-based Galaxy Watches. Galaxy Watches can start run tracking through Google Assistant voice command for Adidas Running Galaxy Watch 4 and Galaxy Watch 5 series users can now ask Google Assistant through a voice…