{"id":107718,"date":"2022-10-25T15:26:58","date_gmt":"2022-10-25T15:26:58","guid":{"rendered":"https:\/\/harchi90.com\/corporate-america-is-canceling-kanye-west\/"},"modified":"2022-10-25T15:26:58","modified_gmt":"2022-10-25T15:26:58","slug":"corporate-america-is-canceling-kanye-west","status":"publish","type":"post","link":"https:\/\/harchi90.com\/corporate-america-is-canceling-kanye-west\/","title":{"rendered":"Corporate America is canceling Kanye West"},"content":{"rendered":"
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\n new York<\/span>
\n CNN Business<\/span>
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In the last few weeks, retailers, social media platforms, celebrities and fashion and entertainment companies have peeled away from business alliances with rapper Ye.\n <\/p>\n

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Ye, also known as Kanye West, has become a controversy magnet.\n <\/p>\n

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In early October, Ye wore a \u201cWhite Lives Matter\u201d t-shirt and dressed several Black models in clothing with the same phrase at his YZY runway show at Paris fashion week.\n <\/p>\n

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In a 45-minute \u201cDrink Champs\u201d podcast episode aired earlier this month, the rapper made numerous outrageous comments that caused actual financial repercussions for him and his brand partners. On the podcast, West said, \u201cI can say antisemitic things, and Adidas can’t drop me. Now what?\u201d He also suggested George Floyd died from a fentanyl overdose rather than police brutality. And he herepeated several antisemitic conspiracy theories, doubling down on them in subsequent interviews.\n <\/p>\n

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Later, West threatened on Twitter to \u201cGo death con 3 on JEWISH PEOPLE.\u201d\n <\/p>\n

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Since Ye’s antisemitic comments, businesses have come under pressure to take further action against him. Here are the businesses cutting ties with Ye.\n <\/p>\n

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On Monday, Adidas ended its partnership with Ye, also known as Kanye West, with \u201cimmediate effect.\u201d\n <\/p>\n

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In a statement, the sportswear maker said it \u201cdoes not tolerate antisemitism and any other sort of hate speech\u201d and said that his recent comments were ‘unacceptable, hateful and dangerous.\u201d\n <\/p>\n

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Adidas said they violated the company’s \u201cvalues \u200b\u200bof diversity and inclusion, mutual respect and fairness.\u201d\n <\/p>\n

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Sales and production of his Yeezy branded products have stopped as well as payments to Ye and his companies. Adidas said it will take a \u20ac250 million hit ($246 million) to its fourth quarter sales.\n <\/p>\n

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The rapper said he was ending his rocky two-year relationship with the Gap on September 15, citing \u201csubstantial noncompliance.\u201d Ye said he was left \u201cno choice but to terminate their collaboration,\u201d alleging the company didn’t open branded Yeezy stores and distribute his merchandise as planned, his lawyer said in a statement.\n <\/p>\n