Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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With the new release of Speak Now (Taylor's Version), Taylor Swift surprised fans by bringing out her ex Taylor Lautner, Joey King and Presley Cash onstage during her latest Eras tour show in Kansas City. This wasn't a random guest appearance on Friday night (7 July) as all three also feature in Swift's new music video for her 'From The Vault' track 'I Can See You' which premiered at the concert. In the video, both Lautner and King are burglars, and with help from Cash, they break into a museum filled with dresses and props from Swift's career over the years, where they also show off their fighting skills as security tries to stop them. Sign up to our free Indy100 weekly newsletter The pair eventually make it to the vault, where they break free Swift (dressed in her Speak Now era look), who had been trapped inside, and she takes with her the framed picture of the cover art for her new version of her third studio album. The three of them bolt out of the museum as explosions set off but make it to the van as Cash drives them away from the scene. As Swift loves giving fans Easter eggs, fans have noted how the three actors have previous connections to Swift's Speak Now era. The two Taylors famously dated back in 2009 for a few months after they starred together in the romantic comedy Valentine's Day, where they played a couple. It is widely speculated that the breakup song 'Back to December' from the album is about Lautner, with the theme of the song about apologising and asking for forgiveness from an ex for breaking their heart. Meanwhile, King and Cash both appeared in Swift's music video for the track 'Mean'. Swift explained in an Instagram post that the music video she wrote and directed was about wanting to "play out symbolically how it’s felt for me to have the fans helping me reclaim my music." Speak Now (Taylor's Version) marks the third re-recorded album from Swift's discography after previously releasing Fearless (Taylor's Version) in April 2021 and Red (Taylor's Version) later on in November of the same year. On stage at Kansas City, Swift and Lautner shared a hug as the audience roared in excitement at the surprise. The Anti-Hero singer then praised the Twilight actor for the impact he had on her life at the time she originally made the album as well as his fighting skills in the music video. @elysemyers This is a fever dream “He was a very positive force in my life when I was making the Speak Now album, and I want to say he did every single stunt that you saw in that music video. "He and his wife have become some of my closest friends, and it’s very convenient because we all share the same first name," Swift joked. In return, Lautner was also complimentary of Swift as the two are clearly friendly exes. “I respect you so much. Not just for the singer you are, the songwriter, the performer — but truly for the human you are. You are gracious, humble, kind and I’m honoured to know you," Lautner said. Speak Now (Taylor's Version) was released on July 7. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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