Bjrn Gulden, CEO of Adidas, confirmed the settlement with Kanye West, stating, "Neither party will walk away with any money. We don’t need to fight anymore." This signifies a resolution after the controversy surrounding West's remarks and the subsequent end of their partnership.
Gulden emphasized that all claims were withdrawn and that their previous issues are now history. "No one owes anybody anything anymore," he said, indicating a mutual decision to move forward without further conflict, marking a significant shift.
Despite not directly addressing Kanye West's controversial statements, Gulden acknowledged the tensions that arose from West's behavior, stating, "There were many issues that we had to resolve, but we have since come to an agreement. It’s a new chapter for both of us."
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