Georgia shoe manufacturer lays off most of workforce after Adidas stops Yeezy production | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Okabashi, an Adidas manufacturing partner and family-owned footwear company in Buford, Georgia, has laid off 142 employees as a result of Adidas ending its partnership with Ye, formerly known as Kanye West

“As of right now there are not enough orders to keep all employees busy with work. Very regrettably, Okabashi is announcing a layoff of 142 employees effective immediately,” said the statement. This was equal to two-thirds of the company’s workforce, a company spokesperson told CNN Friday. Adidas\n \n cut ties with the musician after his now infamous antisemitic tirade last month.

footwear manufacturers, Okabashi will continue production of its own branded products and is pursuing other partnership opportunities,” said the statement. Okabashi, which has been in operation since 1984, manufactures sandals which “are made of approximately 25% recycled materials,” according to its company website. The options for dealing with unsold Yeezy gear pose big challenges. There’s the environmental impact of destroying or disposing of unsold merchandise.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 326. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Fucked over their own workers, nice

Help

No they didn't it was in there news papers before about upcoming layoffs you LIARS you must think people are stupid no wonder you can't get over 1 million viewers

Neoliberalism is bad for society! It was so stupid to end their contract with Ye when they knew how much money they made from this relationship

Shameful for those workers paycheque to paycheque because of a big racist mouth.

Trickle down

I guess that really showed Ye. 🤦🏻‍♂️

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Balenciaga, Adidas sport stock market chic for springFrench fashion house Balenciaga is back with a new campaign, wherein knife boots, office views and Stan Smiths are involved.
La source: LuxuryDaily - 🏆 325. / 59 Lire la suite »