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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.
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