Adidas CEO defends Kanye West over antisemitic comments, says he "didn't mean" remarks despite severed partnership
- Adidas ended its lucrative partnership with Kanye West over his antisemitic comments made in 2022.
- CEO Bjørn Gulden believes West did not actually mean his offensive remarks despite the severe backlash.
- Gulden praised West's creativity but Adidas maintains their decision to cut ties was right.
- Adidas sold remaining Yeezy merchandise and donated proceeds to groups fighting racism and antisemitism.
- The dissolution of the partnership cost Adidas over $1 billion in projected revenue.