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27th October 2022
10:54am BST
Skechers made clear in its statement that the company "is not considering and has no intention of working with West".
"We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech. The Company would like to again stress that West showed up unannounced and uninvited to Skechers corporate offices," the statement concluded.
Ye's bank balance and reputation has continued to unravel in recent days as big business moves swiftly to distance itself from the rapper. Forbes noted that Ye is no longer a billionaire after the Adidas partnership collapsed, suggesting his net worth is now around $400 million.
On Tuesday, Foot Locker and Gap said they would immediately remove products from Ye’s Yeezy line from their stores, saying they do not tolerate antisemitism. Hollywood talent agency Creative Artists Agency (CAA) also now dropped Ye, and Def Jam Recordings has also parted ways with Ye's G.O.O.D Music record label. Johnny Depp's lawyer Camille Vasquez also dropped him as a client.
Last week, the French multinational corporation specialising in luxury goods, Kering, officially announced that Balenciaga had split ways with Ye stating, “Balenciaga has no longer any relationship nor any plans for future projects related to this artist.”
Madame Tussauds has also removed Ye's waxwork from public view.
Adidas terminated its deal with Ye "with immediate effect" saying the company does not "tolerate antisemitism and any other sort of hate speech".
It said Ye's recent actions had been "unacceptable, hateful and dangerous".
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