Ye escorted out of Skechers office in Los Angeles after he showed up unannounced

Ye escorted out of Skechers office in Los Angeles after he showed up unannounced


Rapper Kanye West smiles during a meeting with U.S. President Donald Trump to discuss criminal justice reform at the White House in Washington, October 11, 2018.

Kevin Lamarque | Reuters

Ye, formerly known as Kanye West, was escorted out of the Los Angeles office of shoemaker Skechers, the company said Wednesday afternoon, as the fallen rapper and fashion mogul continues to face fallout from his recent antisemitic remarks.

Ye showed up unannounced and was escorted out of the building by two executives, the company said. Ye has officially changed his name from Kanye West.

“Skechers 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 said in a statement. “The Company would like to again stress that West showed up unannounced and uninvited to Skechers corporate offices.”

Ye loses billionaire status after Adidas drops him

Several companies and organizations have condemned Ye over his recent racist and antisemitic remarks. The Skechers incident comes a day after Adidas severed its relationship with him. Also 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.

Forbes said Ye lost his billionaire status when Adidas cut ties with him, adding that his net worth dropped to $400 million, which comes from his music catalog, real estate and his 5% stake in ex-wife Kim Kardashian’s shapewear company, Skims. Forbes said his Adidas deal added $1.5 billion to his net worth.

Read Skechers’ statement below:

Skechers USA, Inc., The Comfort Technology Company™, stated Kanye West — also referred to as Ye — arrived unannounced and without invitation at one of Skechers’ corporate offices in Los Angeles. Considering Ye was engaged in unauthorized filming, two Skechers executives escorted him and his party from the building after a brief conversation. Skechers 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.

– CNBC’s Jessica Golden contributed to this report.



Source

American Eagle shares rise on retailer’s Travis Kelce partnership
Business

American Eagle shares rise on retailer’s Travis Kelce partnership

American Eagle launches AE x Tru Kolors by Travis Kelce. Courtesy: American Eagle Shares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after he proposed to singer Taylor Swift. The stock was up roughly 5% in early trading. Kelce’s sportswear brand, Tru […]

Read More
Cracker Barrel shares rise after restaurant chain gets rid of controversial new logo
Business

Cracker Barrel shares rise after restaurant chain gets rid of controversial new logo

A Cracker Barrel sign featuring the old logo is seen outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images Shares of Cracker Barrel Old Country Store rose 3% Wednesday after the restaurant chain said it would scrap its new logo and return to the original one, amid mounting […]

Read More
An indicator of commercial real estate transaction volume just improved for the first time this year
Business

An indicator of commercial real estate transaction volume just improved for the first time this year

Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public […]

Read More