Ye and Adidas Reach Settlement After Two-Year Legal Battle

As the sneaker company Adidas has reported a significant increase in quarterly profits, the German-based athletic brand has settled with its former partner, Ye, formerly known as Kanye West.

According to The Wall Street Journal, the sneaker brand reached an out-of-court settlement with the music producer. The settlement negates all legal claims between Ye and Adidas. This comes two years after Adidas ended its partnership after being in business with the fashion designer since 2013.

Read more at Black Enterprise.