Adidas launches probe into misconduct allegations against Kanye West - Reuters

Nov 24 (Reuters) - Adidas AG (ADSGn.DE) connected Thursday said it has launched an probe into allegations of inappropriate behaviour by Kanye West, aft the German sporting goods shaper past period ended its concern with the rapper and manner designer.

Adidas said it initiated the probe aft receiving an anonymous missive making respective allegations against the musician, who present goes by Ye.

The probe follows a report by Rolling Stone magazine that elaborate alleged incidents of inappropriate behaviour by Ye toward unit and prospective employees. Rolling Stone cited interviews with much than 2 twelve erstwhile Yeezy and Adidas staff.

According to the magazine, erstwhile members of the squad sent an anonymous missive to Adidas successful which they said elder leaders astatine the institution were alert of Ye's behavior, but had turned a "blind eye" and "turned their motivation compass off."

"It is presently not wide whether the accusations made successful an anonymous missive are true," an Adidas spokesperson said successful a connection to Reuters.

"However, we instrumentality these allegations precise earnestly and person taken the determination to motorboat an autarkic probe of the substance instantly to code the allegations."

Ye could not beryllium instantly beryllium reached for comment. News of the probe was archetypal reported by the Financial Times connected Thursday.

Union Investment, which owns a 0.76% involvement successful Adidas, wrote to the institution asking for much accusation astir the claims.

"Adidas needs to disclose erstwhile the absorption and the supervisory committee was archetypal informed astir the interior allegations," Janne Werning, who heads ESG Capital Markets & Stewardship astatine Union Investment, said successful a connection to Reuters.

Ye has courted controversy successful caller months by publically ending large firm tie-ups and making outbursts connected societal media against different celebrities. His Twitter and Instagram accounts were restricted, with the societal media platforms removing immoderate of his posts that users condemned arsenic antisemitic.

Reporting by Akriti Sharma successful Bengaluru; Editing by Daniel Wallis

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