Celebrity
Yeezy Shoes Still Stuck In Limbo After Adidas Split With Ye
FRANKFURT, Germany — It’s been over seven months since Adidas split with Kanye West, and crates of his popular Yeezy trainers are still piling up in warehouses.
The destiny of 1.2 billion euros ($1.3 billion) in unsold Yeezy goods weighs heavily on the German sportswear firm as it attempts to recover from the loss of the profitable sneaker line and the ongoing fallout from its past links to Ye.
Adidas is “getting closer and closer to making a decision” on what to do with the trainers, and the “options are narrowing,” according to new CEO Bjorn Gulden in a conference call Friday, following a figure of 400 million euros ($441 million) in lost sales at the start of the year.
However, he said no conclusion had been reached because “so many interested parties” were involved in the conversations.
Adidas is stuck with stacks of its signature Yeezy brand sneakers after severing ties with Ye in October due to his antisemitic and other hateful comments on social media and in interviews.
Gulden, who took over as CEO following the Ye split in January, declined to say whether destroying the shoes had been ruled out but said the firm was “trying to avoid that.”
He has previously stated other solutions have drawbacks: selling the trainers would include paying royalties to Ye, restitching them to erase the brand identification would be dishonest, and giving them out to people in need could lead to resale due to their high market value.
Gulden refused to reveal how many pairs of Yeezy shoes Adidas is stuck with “because then the consumer would know how many we have, and that could have an impact on demand.”
“Of course, losing the Yeezy brand is hurting us,” Gulden stated. According to the Herzogenaurach-based company, if Adidas does not sell the remaining Yeezy stock, earnings will be reduced by 500 million euros this year.
Gulden refused to reveal how many pairs of Yeezy shoes Adidas is stuck with.
According to the corporation, net sales fell 1% in the first quarter to 5.27 billion euros but would have increased 9% with the Yeezy line. It reported a net loss of 24 million euros, compared to a profit of 310 million euros at the same time the previous year.
Operating profit, which includes key factors like taxes, fell to 60 million euros from 437 million euros the previous year.
Gulden stated that Adidas’ performance was “a little better than we had expected” as the firm strives to relaunch growth and move past its split with Ye. He described 2023 as a “year of transition” on the road to “a better ’24 and a good ’25.”
The corporation is also dealing with additional issues related to the artist. Investors filed a lawsuit against Adidas in the United States a week ago, arguing that the firm was aware of Ye’s hateful words and detrimental behavior years before the breakup and failed to take preventative measures to limit financial losses.
The complaint, filed on behalf of those who purchased Adidas securities between May 3, 2018, and February 21, 2023, cited 2018 comments in which Ye stated slavery was a “choice” and reports of Ye making antisemitic remarks in front of Adidas employees.
Last week, the corporation rejected “these unfounded claims and will take all necessary measures to vigorously defend ourselves against them.”
The breakup of the Ye partnership also cost Adidas 600 million euros in missed sales in the last three months of 2022, contributing to the company’s net loss of 513 million euros.
According to Adidas, an operating loss of 700 million euros is possible this year, owing mostly to a 500 million-euro damage if the existing Yeezy sneakers are not sold.
SOURCE – (AP)
Celebrity
MGK and Megan Fox Love Hate Relationship
MGK and Megan Fox have been in the news for years because of their turbulent relationship. Their four-year romance has been filled with drama, heartache, and passion. The attention is now more focused than ever after their recent breakup caused a stir.
Let’s examine this famous pair’s highs, lows, and potential future developments.
Allegations of a romance between MGK and Megan Fox began in 2020 when they met while filming the movie Midnight in the Switchgrass. What started as a short-lived romance quickly grew more intense, and the two often publicly displayed their love in bold ways.
When they announced their engagement in January 2022, MGK presented them with a unique two-stone ring “symbolic of their souls’ union.”
But this supposedly idyllic partnership wasn’t at all easy. Reports of heated fights, problems with trust, and emotional ups and downs started to surface behind closed doors. The couple’s tremendously passionate yet erratic relationship often made headlines during their time together.
MGK and Megan Fox Breakup
The Thanksgiving weekend in 2024 was a turning point. According to reports, Megan broke up with MGK after finding “upsetting material” on his phone.
This information led to sentiments of betrayal, which have been the main cause of their breakup. According to those close to her, the actress frequently felt disrespected and upset by MGK’s actions.
Megan is expecting the couple’s first child, which heightens the strain. According to sources, co-parenting negotiations are underway as the actress concentrates on her pregnancy. Despite the breakup, Megan is committed to providing a healthy environment for their pregnant child.
Meanwhile, MGK isn’t prepared to give up. Insiders claim that the 34-year-old artist is trying to regain Megan’s affection. He attempts to demonstrate his willingness to change with cryptic social media statements and public apologies.
According to a person close to the couple, MGK is extremely sorry for the problems that caused them to part ways. Megan, though, seems less likely to make amends. According to friends, she is tired of the drama and is concentrating on her own and her kids’ welfare.
Is the separation, however, truly irreversible? Although some say it’s final, others counter that their relationship’s sporadic nature offers room for future reunion.
MGK’s ex-girlfriend
The split’s more strange side story revolves around MGK’s ex-girlfriend Amia Miley’s previous accusations. On a recent podcast, she made startling allegations regarding MGK’s intimate behaviour during their past relationship. Even though it has nothing to do with his recent split from Megan, the article has raised more questions about MGK’s private life.
The musician hasn’t been doing well lately in terms of public opinion. Numerous admirers have characterized his acts as immature and untrustworthy, and they have voiced dismay. On the other hand, Megan has received a ton of support and recognition for her fortitude during this trying period.
Despite the heartache, Megan isn’t dealing with this alone. According to reports, she has received support from her ex-husband, Brian Austin Green, and his fiancée, Sharna Burgess. Sharna, Megan’s soon-to-be stepmother, has been consoling throughout the breakup.
For Megan, this odd bond has turned into a benefit. It demonstrates her capacity to preserve wholesome relationships for the benefit of her children. Megan is devoted to her son’s happiness, having three sons: Noah, Bodhi, and Journey.
It isn’t easy to foresee what will happen to Megan and MGK. Reconciliations have occurred when no one expected them to, and their connection has always been erratic. But according to many close to Megan, this time feels different.
MGK is having a difficult time
Megan appears to be concentrating on her pregnancy and mental health at the moment, and MGK is having a difficult time winning back her trust. One thing is certain: MGK and Megan Fox will continue to be tabloid favourites for the foreseeable future, regardless of whether they can reconcile or go their separate ways.
MGK and Megan Fox’s relationship reminds us that love can occasionally have a price, no matter how intense. Their experience also reminds us of a partnership’s value of open communication, respect, and trust.
It’s simple for spectators and fans to become enmeshed in the drama. Fundamentally, however, this is a very human tale of two individuals attempting to do what is best for themselves and their families while overcoming personal obstacles.
MGK and Megan Fox still haven’t written the next chapter. How this story ends—through co-parenting, reconciliation, or a complete break—will only become clear with time.
Celebrity
Megan Fox Says She’s Done with Machine Gun Kelly
Pregnant Megan Fox, despite her pregnancy with Machine Gun Kelly’s child, claims she will never live with the singer again. She stated that she would like things to remain platonic between the two.
Megan announced her pregnancy on November 12, only days before the couple divorced over Thanksgiving. She already has three children, Noah, 11, Bodhi, 9, and Journey, 7, with her ex-husband Brian Austin Green.
Megan Fox and Kelly have a long history of on-and-off dating, and suspicion immediately circulated that their current breakup was temporary.
However, a source close to Fox said that she is ready to break the cycle as she prepares to give birth to her next child.
According to a source for Us Weekly, Megan Fox is currently focusing on herself and her family. “She’s been working a lot this year, so she’s looking forward to spending time with her kids.”
Showing that she is serious about ending her chapter with Machine Gun Kelly, the insider revealed that the two “haven’t been in contact this last week,” further demonstrating that “things are not looking great between them right now.”
“She hopes that with them taking time apart right now, they will be able to have a healthy co-parenting relationship,” the insider said of Fox’s “table environment” for her baby.
Despite their no-contact condition, the source stated that Fox was “trying to focus on being positive” and looked forward to co-parenting with her ex. “No matter how she feels about MGK, she has a lot of love for him and is excited that they are going to become parents,” they told me.
“MGK is really letting Megan lead the way right now and is giving her space.”
Megan, who has stated that she believes she helped shape the rapper-turned-rocker into the person he is, has been relying on her ex-husband’s fiancée, Sharna Burgess, as she navigates the difficult breakup.
‘Sharna understands how tough it is to be pregnant and has been supporting Megan,’ a source told DailyMail.com last week.
‘She truly cares and feels for her. Breakups are terrible enough on their own, but being pregnant makes them worse.
Related News:
Megan Fox Talks About Baby No. 4 and Family
Celebrity
Gypsy Rose Claims Ex Got Aroused Over Mom’s Murder
The tragic story of Gypsy Rose Blanchard continues to unearth chilling details, even years after the 2015 murder of her mother, Dee Dee Blanchard. Her tell-all book My Time To Stand offers a series of unsettling recollections.
In a recent surprising disclosure, Gipsy accused her former boyfriend, Nicholas Godejohn, of becoming “aroused” by dreams about her mother’s murder. This claim sheds a darker light on a case already fraught with troubling issues about deception, abuse, and twisted connections.
Gipsy Rose rose to prominence after the murder of her mother, Dee Dee Blanchard. Dee Dee suffered from Munchausen syndrome by proxy, a disorder in which a carer fabricates or causes illness in someone in their care.
For years, Dee Dee persuaded doctors, neighbours, and the general public that Gipsy was seriously ill, limiting her to wheelchairs and unnecessary medical procedures.
Behind closed doors, Dee Dee had complete control over Gypsy’s life, including her meals, social activities, and thoughts. Her physical and psychological abuse produced a toxic atmosphere from which Gipsy desperately sought to escape.
Planning the Murder
Gipsy and her then-boyfriend, Nicholas Godejohn, planned to murder Dee Dee. Godejohn carried out the murder by stabbing Dee Dee while she was sleeping. Gipsy and Godejohn were both captured shortly after the incident.
Gipsy pleaded guilty to second-degree murder and received a 10-year jail sentence, while Godejohn received a life sentence for first-degree murder.
In a recent interview and previous publications, Gipsy Rose claimed Godejohn found the murder “arousing.” Gipsy claims Godejohn has a history of violent fantasies and an obsession with manipulating women.
These traits could have influenced his involvement in the crime.
Gypsy’s assertions paint Godejohn as a manipulator who exploited her vulnerability for his gain. She characterized him as ready to carry out the plan, not because he loved or supported her predicament but because it appealed to his dark desires.
The Abuse of Gypsy Rose
Their internet relationship, which began innocently, quickly evolved into something evil. Godejohn’s aggressive inclinations, combined with Gypsy’s desperate need to escape Dee Dee’s abuse, formed a dangerous situation.
In it, she described meeting Godejohn on a Christian dating service in 2012 and how the two developed an explicit relationship. Gipsy Rose wrote on how swiftly Nick supposedly exposed her to a world of “sexually perverse things,” recalling.
She described alarming moments in which he would “threaten” to take his love away from her if she did not perform what he wanted sexually.
Things climaxed when they met and discussed the prospect of living together in Nick’s home state, Wisconsin. Soon after, Gipsy recounted in her memoir, the young couple considered killing Dee Dee to stay together.
Gipsy Rose described them as “gradual,” having been “baked into an elaborate fantasy world” starring Victor and other Nick-created characters. Even creepier was her claim that he “got sexually aroused” when discussing rape and murder.
The latest claims against Godejohn have sparked renewed public interest in the case. Some interpret Gypsy’s words as an attempt to disassociate herself from the crime, while others see them as a legitimate insight into Godejohn’s character.
Whatever your point of view, it’s evident that this isn’t a simple story. The complicated relationships between Gipsy Rose, Dee Dee, and Godejohn continue to intrigue and horrify people following the case.
Nick is serving the remainder of his life in jail, while Gipsy Rose continues to market her memoir as she prepares to give birth to her first child.
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