Adidas says its relationship with Kanye West is under review

Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California.

Adidas said it is looking at its relationship with West.

We decided to place the partnership under review after trying to resolve the situation privately. The company said in a statement that they will co-manage the current product during this time.

The partnership with West was announced by adidas. In 2016 the rapper began manufacturing and distributing items from his line of clothes.

He accused the sportswear brand of not giving him enough control over the line and said they were copying his ideas.

West has gone on a social media rant against the company, calling out the CEO and posting pictures of board members.

West responded to CNBC's story on the latest Adidas statement by saying he was an adidas.

One of the most successful collaborations in the history of the industry was the partnership with Yeezy.

Rorsted told CNBC in August that he had had a tremendous impact on the company. The most important partner isKanye. There is a very good relationship between us. On a daily basis, we communicate with him. That relationship is very proud of us.

West ended his relationship with Gap last month.

According to a private document, West's business with Adidas and Gap was valued at between $3.2 billion and $4.7 billion.