When his corporate partnerships with Adidas and Gap are up, he plans to leave them, according to a report.
West, who has legally changed his name to Ye, signed a 10 year partnership with Gap in 2020 to make the Yeezy Gap line, as well as a contract with Adidas AG to make his sneakers until 2026.
He said it was time for him to go at it alone. Companies stand in between me and the audience.
The Donda campuses will be home to schools, housing, retail products and farms, and will be named after West's mother.
His staff will design the apparel at these campuses.
Forbes reported in 2020 that West gets a roughly 11% royalty on the shoes he designs for his children.
West said that no one should be held in that situation where people can steal from them and be paid to stop.
They are my new mom's. West said that he would have to co-parent those 350s with Gap and Adidas despite their differences.
They are my new mom's. West said that he would have to co-parent those 350s with Gap and Adidas despite their differences.
Adidas produces and distributes the shoes, but West is the sole owner of the brand. He joined Adidas after launching his shoe brand with Nike. West, who has always been known for his unpredictable social media antics, has been posting a lot of rants on social media this year and then taking them down. Last week, West posted pictures of some company executives, after accusing Adidas of copying his designs. Pictures of JP Morgan Chase board members were posted by him. The rapper claimed that the designs from his line were copied by Gap.
The man won't face charges for punching a fan.
The rapper was sued for over $400 million in unpaid clothing rental fees.