Adidas investigates misconduct allegations against Kanye West

Adidas said it initiated the probe after receiving an anonymous letter making several allegations against the musician, who now goes by the name Ye.magazine that detailed alleged incidents of inappropriate behaviour by Ye towards staff and prospective employees.

“It is not clear whether the accusations made in an anonymous letter are true,” an Adidas spokesperson said in a statement to Reuters. “However, we take these allegations very seriously and have taken the decision to launch an independent investigation immediately to address the allegations.”News of the investigation was first reported by theUnion Investment, which owns a 0.76% stake in Adidas, wrote to the company asking for more information about the claims.

“Adidas needs to disclose when the management and the supervisory board was first informed about the internal allegations,” Janne Werning, who heads ESG Capital Markets & Stewardship at Union Investment, said in a statement to Reuters. Ye has courted controversy in recent months by publicly ending major corporate tie-ups and making outbursts on social media against other celebrities. His Twitter and Instagram accounts were restricted, with the social media platforms removing some of his posts that users condemned as anti-Semitic.

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