Yeezy
Yikes: Ye’s YEEZY Ordered To Cough Up $950,000 In Shipping Delay Lawsuit
HipHopWired Featured Video Source: Brandon Magnus / Getty Christian billionaire rapper Ye is going to have open up his checkbook. Per Complex, Kanye West, oops, we mean Ye’s YEEZY brand, has been ordered to cough up almost a million dollars. Via a release, Los Angeles County District Attorney George Gascón proclaimed that Yeezy Apparel LLC and Yeezy LLC would have to pay $950,000 to settle the recent civil lawsuit brought against the company. The lawsuit alleges that West’s company was engaged in unlawful business practices plus made false promises by not shipping items on time. It also reveals that four district attorney offices, including Alameda, Sonoma, and Napa, were involved in the lawsuit. Related Stories “Online consumers are entitled to protection against unwarranted fees and...
Kanye West’s New DONDA Stem Player Puts Music Production In The Palm of Your Hands
HipHopWired Featured Video Source: Kevin Mazur / Getty Kanye West might be on to something here. The rapper, who might be known as just Ye if he has his way, is currently on tour across the country playing an album his fans can’t even get their hands on. While all this is going on, West continues to express his interest in the tech world. The embattled rapper’s tech branch of his YEEZY company unveiled its new Donda Stem Player that will allow users to “customize any song,” basically turning any regular old joe into a music producer. According to The Verge, Ye’s website states the device will cost $200 and will allegedly ship sometime this “Summer” with his album DONDA. So basically, we’re not holding our breath till we see this thing in the hands of actual people. As far as the specs...
Kanye West Sues Walmart For Selling Bandooloo Foam Runners, Allegedly
HipHopWired Featured Video Source: Kanye West Purchases Second City In Wyoming To Bring Yeezy Production / Kanye West Purchases Second City In Wyoming To Bring Yeezy Production To The US Walmart is getting sued regarding one of its choices in footwear. Kanye West has served the company with a lawsuit for selling imitation Foam Runners. As spotted on Sneaker News the big box retailer had been allegedly hawking a Foam Runner replica on their website. Billed as the “Daeful Foam Runner” the shoes look identical to the YEEZY version, so much so it resembles a knock-off you would find at a bootleg store. Priced at $25 the Walmart version was available in multiple colorways up until recently. Additionally, it was also offered in children’s sizing as well. According to TMZ West and company fi...
Kanye West’s First Yeezy Gap Collection Will Debut This June
HipHopWired Featured Video Source: Neil Mockford / Getty After being almost a year in the making one of Kanye West’s most anticipated projects will finally come to life. His Yeezy Gap Collection is slated for a June release. As spotted on Page Six the Chicago, Illinois native is finally ready to unveil his first season with the apparel brand. Fashion trade outlet Business Of Fashion confirms the drop is locked in for a June release. While the report does not provide any direct insight on how many pieces will be included in the collection they make it clear that the San Francisco, California based brand is depending on his magic to get their profile back up. “The company has said its flagship brand’s Yeezy line is on track to be released by end of June. The Gap is counting its Kanye We...
Where Are You Yeezy: Kanye West’s 1 Of 1 Goyard Backpack Sells For $55,000.00
HipHopWired Featured Video Source: Michel Dufour / Getty The masses prove once again they miss the old Kanye West. His 2010 custom bag has resold for a cool $55,000. As spotted on High Snobiety one of the rapper’s most famous accessories has just landed a new owner. Last week Yeezy’s custom Goyard backpack was sold for half a ticket via Justin Reed’s online boutique consignment shop. How the “All Of The Lights” MC came to securing the bag is described on the site as “while Kanye West and his girlfriend, Amber Rose, were in Paris during the 2010 Paris Fashion Week, West picked up his 1 of 1 ‘Robot Face’ Goyard Backpack that he designed. The 1 of 1 Goyard backpack is just one of the many limited edition pieces that West has accumulated in his closet.” This is not the only Goyard pi...
Kanye West Now Worth Estimated $6.6B Thanks to Lucrative Gap, Adidas Deals
The document further reveals that Gap, an ailing brand whose partnership with West represents a play for younger consumers, expects its Yeezy line to break $150 million in sales in its first full year in 2022 and envisions it surpassing a billion dollars in revenue within eight years, or even as soon as 2023 on the upside. West stands to profit handsomely in any event, as he retains sole ownership and creative control of the Yeezy brand and earns royalties on sales under the deal, with the rate increasing as the business grows. He’ll also receive stock warrants when the collection hits sales targets, with the highest set at $700 million, according to a securities filing. West’s longstanding deal with Adidas has been the most lucrative part of his business endeavors to date, with Yeez...
Kanye West’s YEEZY Brand Suing Summer Intern For Breaking NDA Contract
Source: Ivan Nikolov/WENN.com / WENN YEEZY, Kanye West’s apparel brand, is reportedly suing a summer intern for violating the terms of a nondisclosure agreement. The company filed a complaint against the intern on Friday (Jan. 15) in hopes of enacting a $500,000 liquidated damages clause. The Hollywood Reporter was the first to break the news of the complaint, which was filed in Los Angeles County Superior Court by YEEZY officials. Ryan Inwards worked as an intern for the brand and uploaded images of the wares that violated the NDA. As THR added in their reporting, the $500,000 clause was put in place to hamper any attempts at leaks or sharing images of YEEZY’s intellectual property. It appears that the images Inwards leaked were still available online as of this weekend, although an Insta...
Kanye West’s Yeezy Company Received a PPP Loan for Over $2 Million
Kanye West, a literal billionaire, sought a government-backed loan to pay his employees during the coronavirus pandemic. According to the Small Business Administration (via The Daily Beast), the 2020 presidential candidate (?) has received between $2 and $5 million for his Yeezy fashion line company through the SBA’s Paycheck Protection Program. The Small Business Administration’s Paycheck Protection Program was created so that companies with 500 or fewer employees could apply for loans to cover the cost of eight weeks of payroll, up to two and a half times the company’s average monthly payroll costs, with a cap of $10 million total. It’s weird to think Kanye’s “small business” was allegedly in dire need of financial support despite its expensive shoes regularly selling out, its branc...
Kanye West Covers Chicago Gap Store With Open Letter
Source: KanyeWest.com / Kanye West Kanye West was in his bag this weekend. The “Spaceship” rapper turned a Chicago Gap store into a mural, covering it with a shroud than includes an open letter about his collab with the retailer. On Friday morning (June 26), West announced that his Yeezy clothing line was partnering with the Gap, and he started dropping content from then on. From finally dropping the unreleased “Spaceship” video, where he portrays a Gap employee (which he actually was back in the day), to his cartoon with Kid Cudi to a documentary about his Yeezy Supply website’s redesign, West’s social media feed was busy. But his play at the Gap in Chicago along the Magnificent Mile and located at 555 Michigan Avenue could be the biggest move, at least physically, as he shrouded the enti...
Kanye West Partners Yeezy With The Gap, Teases Collab
Source: Chicago Tribune / Getty Kanye West may have been known as the Louis Vuitton Don, but his latest venture will be more affordable. The Chicago rapper, designer, and a lengthy list of other job descriptions teased a collaboration his Yeezy clothing line has on deck with The Gap. The “Power” rapper made another return to Twitter to announce he’s dropping a collection called YEEZY Gap that if all goes to plan will debut in 2021. Check that, he’s actually partnered with the Gap. This morning (June 26) West tweeted teasers of what to expect with the hashtag “#WESTDAYEVER” including a “YZY” logo styled in recognizable GAP logo Per the New York Times, Yeezy’s design studio is tasked with creating “modern, elevated basics for men, women and kids at accessible price points.” Reportedly, West’...
Kanye West Sued For Allegedly Not Paying Software Company
Source: Splash / Splash News Kanye West is a multi-billionaire, allegedly. Nevertheless, it seems like someone in the Yeezy camp neglected to pay a bill, and now Mr. West’s company is getting sued for it. According to The Fashion Law, last week, a Colorado-based company called Backbone PLM filed a complaint in a California state Superior Court in Los Angeles alleging that Yeezy Apparel is in breach of contract for an agreement that was inked back in September 2018. Backbone claims they have not been paid for the software it provided Yeezy to manage their design specs and inventory. Reportedly, Backbone and Yeezy Apparel’s relationship was all good until the latter stopped paying its bills. In exchange for a subscription fee of $198,000 for two years, Backbone – which counts Allbirds, Outdo...
