Kanye West Anti-Sematic Statement Causes Him His Hard Earn Fortunes
Rapper Kanye West lands in more trouble and possibly going through more frustration because of his recent misconduct.
The US Music Icon is losing out on most big endorsements that cater-ported his financial statures,mostly Adidas.
Footwear retailer Foot Locker has become the latest company to sever ties with Kanye West over his anti-Semitic remarks.
A spokesperson for Foot Locker said that while the company remains 'a partner with Adidas and carry a wide assortment of their collections – we will not be supporting any future Yeezy product drops, and we have instructed our retail operators to pull any existing product from our shelves and digital sites.'
The rapper has also lost several lucrative partnerships including Adidas. The German sportswear giant ended a partnership estimated to be worth more than $1.5bn in total, including royalty payments and other fees on Tuesday.
Universal Music's Def Jam label, which owns the copyright to West's recordings from 2002 through 2016, and continued distributing his releases until last year, issued a statement condemning Ye's remarks, saying: 'There is no place for antisemitism in our society'.
But the label has not asked for the removal of Ye's recordings. The music also can be found on Apple Music and YouTube Music.
Here is a list of companies and entities that have cut ties with Kanye West in recent weeks, including:
- Investment bank JP Morgan Chase
- Clothing brand GAP
- Talent agency CAA
- Luxury fashion brand Balenciaga
- Production studio MRC
- Attorney Camille Vasquez
- Sportswear giant Adidas
- Donda West school educational consultant Dr. Tamar Andrews
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