Adidas AG mentioned on Thursday it had launched an investigation into allegations of inappropriate conduct by Kanye West, after the German sporting items maker ended its partnership with the rapper and designer final month. Adidas mentioned it launched the investigation after receiving an nameless letter making a number of allegations towards the musician, who now goes by the identify Ye.
The investigation follows a report by Rolling Stone journal which particulars alleged incidents of inappropriate conduct by you in direction of workers and future workers. Rolling Stone cited interviews with greater than two dozen former Yeezy and Adidas workers.
Based on the journal, former group members despatched an nameless letter to Adidas by which they mentioned the corporate’s high executives have been conscious of Ye’s conduct, however turned a blind eye and “turned off their compass.” ethical”.
“It’s at present unclear whether or not the accusations made in an nameless letter are true,” an Adidas spokesperson mentioned in a press release to Reuters. “Nevertheless, we take these allegations very critically and have made the choice to right away launch an impartial investigation into the matter to handle the allegations.”
Ye couldn’t instantly be reached for remark. Information of the investigation was first reported by the Monetary Occasions on Thursday. Union Funding, which owns a 0.76% stake in Adidas, has written to the corporate asking for extra details about the claims.
“Adidas should disclose when administration and the supervisory board first grew to become conscious of the inner allegations,” Janne Werning, who heads ESG Capital Markets & Stewardship at Union Funding, mentioned in a press release to Reuters.
Ye has courted controversy in latest months by publicly ending main company ties and happening social media outbursts towards different celebrities. His Twitter and Instagram accounts have been restricted, with social media platforms deleting a few of his posts that customers condemned as anti-Semitic.
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