Kanye West rocks up 'uninvited' to Skechers HQ after Adidas cut ties with him
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Kanye West has been escorted from the headquarters of Skechers after he rocked up 'uninvited'.
TMZ claimed the 45-year-old rapper was trying to find a new company to represent his Yeezy shoe line after Adidas cut ties with him.
West showed up to Skechers' main office in Manhattan Beach on Wednesday (October 26) morning but was shut down as the meeting was not scheduled with management.
Skechers told UNILAD in a statement: "The Comfort Technology Company™ stated Kanye West – also referred to as Ye – arrived unannounced and without invitation at one of Skechers’ corporate offices in Los Angeles.
"Considering Ye was engaged in unauthorised filming, two Skechers executives escorted him and his party from the building after a brief conversation."
The sneaker company then issued a blistering takedown of the rapper after his recent antisemitic comments.
"Skechers is not considering and has no intention of working with West," they told UNILAD
"We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech.
"The Company would like to again stress that West showed up unannounced and uninvited to Skechers corporate offices."
Foot Locker has recently revealed it will be pulling Yeezy shoes from its stores, both physical and online.
Ye's arrival at the Sketcher's offices came hours after Adidas cut ties with the 'Runaway' singer.
In a statement to UNILAD, Adidas said: "Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness."
The sportswear brand then confirmed that their partnership with Ye has now been dumped
"After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments to Ye and his companies. Adidas will stop the Adidas Yeezy business with immediate effect," the company said.
By nixing the Yeezy line, Adidas is set to lose '€250 million ($USD 252 million, AUD$388 million, £216 million) on the company’s net income in 2022 given the high seasonality of the fourth quarter'.
West has also lost his billionaire status in the wake of the terminated Adidas deal.
Earlier this year, West was reported to have a net worth of a staggering USD$2 billion (AUD$ 3b, £1.7b) thanks to a multi-year deal with Adidas for his sneaker brand Yeezy, as well as his music.
His fortune was made up of the brands as well as cash, real estate, the value of his music and a five percent stake in Kim Kardashian's company, Skims.
However, West's wallet haas just got a whole lot smaller in the wake of his controversial statement.
Topics: Celebrity, Kanye West, US News