It’s no secret that the popularity and resale value of the once mighty adidas Yeezy sneaker line is no more. Kanye West’s very public support of Donald Trump, MAGA and even Nazism has turned his once billion-dollar empire into rubble, relatively. Now, it seems like heads aren’t even willing to shell out anything more than […]
If Kanye West hopes to continue dropping hot footwear, he will be doing so without his longtime collaborator and YZY designer Steven Smith. The post EX-YEEZY Designer Steven Smith Claims Kayne West “Has Lost His Mind” & Is Surrounded By “C-Grade Toxic Losers” appeared first on Hip-Hop Wired.
Still no word on when the sneakers will be releasing, but if history is any indication, the Yeezy silhouettes will sell out like hotcakes just as they did last summer regardless of how people feel about Kanye West.
S&P Global Ratings announced on Tuesday that they were slashing the long-term and short-term credit rating of Adidas. The firm detailed the reasoning in its statement, saying it was based on the company's projected outlook and warnings of losses after its termination of the partnership with Ye aka Kanye West last October. The post adidas Debt Rating Slashed By S&P After Earnings Spiral, Blame Yeezy? appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
HipHopWired Featured Video Source: Jeremy Moeller / Getty A few months ago adidas decided to cancel their partnership with Kanye “Alt-Right” West due to his antisemitic tweets and statements and in the process recalled all their Yeezy related products from Foot Lockers and other participating stores across the board. Now TMZ is reporting that adidas has hoarded a half a billion dollars worth of Yeezys in their warehouses and no clear idea on what to do with them going forward. Though adidas has made it known that they’ll continue to release all OG Yeezy sneakers and silhouettes without the Yeezy brand on them, it looks like they’ll be sitting on a ton of Yeezy products for the time being. Related Stories Per the report, the inventory the company has amounts to about $530 million … and Adid...
HipHopWired Featured Video Source: Leon Bennett / Getty Billionaire rapper/producer Kanye West, 45, has declared that he is turning his life around after news of the death of Queen Elizabeth II broke. “Life is precious. Releasing all grudges today. Leaning into the light,” West wrote in an Instagram post where he also shared two photos of the deceased monarch. [Note: He has since deleted the IG post, but this is the Internet.] Related Stories The rapper has also deleted many posts that he had been criticized for in recent days including criticism of his ex-wife Kim Kardashian and her family. Kanye shares North, nine, Chicago, four, Saint, six, and Psalm, three, with the Kardashians star. He was in conflict with his wife and her family related to where the children would attend ...
HipHopWired Featured Video CLOSE Source: Dani Abramowicz / Getty If you’re looking for the hottest of messes, Kanye West’s social media accounts will give you your fill. Ye took to Instagram to air out Kim Kardashian’s cousin and allegedly expose their insensitive rhetoric that includes incredulously asking about adidas Yeezy sneakers despite the situation at hand. Unless you’ve been under a rock, you’re probably aware that Ye and Kim Kardashian are feuding publicly about the co-parenting of their children. Overall, it seems that Kanye feels he’s being boxed out of raising his kids, while Kardashian claims she has been beyond reasonable when it comes to Ye spending time with his children, despite their divorce. But on Sunday (Feb. 6), West shared texts that painted Kardashian’s cousins in ...
HipHopWired Featured Video Source: MEGA / Getty We all know that Kanye West likes to be extra in different ways and forms when it comes to him creating his art, but apparently he also reels his peers into whatever he feels is aesthetically appropriate when in the studio with him. According to HypeBeast, Fivio Foreign revealed that Yeezy actually enforced a fashion rule on his fellow Donda collaborators that they’d have to be rocking Donda merchandise along with Yeezy sneakers whenever they were in the studio with him. In a recent interview on Power 106 FM Los Angeles’ The Liftoff/L.A. Leakers show, Fivio broke down how things went down in the studio saying, “When we went to ’He made us all wear DONDA merch,” said Fivio. “I thought we were on DONDA timing, I guess to get us in… he gave ever...