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Ipvq 2016 Instagrammer of the yearAdidasmove to part ways with Yeover his antisemitic comments raises questions about the future of one of the world s most coveted, and commercially valuable, sneaker brands.In the short term, the sudden split effectively ends production of al stanley cup l Yeezy products by the German sportswear giant, dealing a significant financial blow to Adidas. Yeezy accounted for about 10% of the company s annual revenue, while Adidas said that terminating its deal with Ye will put a $246 million hit in its bottom line this year alone.Moving forward, Adidas could continue to release new shoe designs that evoke Yeezy s brand mdash; minus the label. The company said Tuesday in announcing the demise of the partnership with Ye, formerly known as Kanye West, that it retains the design rights for any new colorways. The press release implies Adidas plans to release some current Yeezy designs without the Yeezy name on them,stanley cupMorningstar equity analyst David Swartz told CBS MoneyWatch.I don t think that means all the Yeezy shoes in design process, but it could mean the ones released so far in new colorways. Baird senior research analyst Jonathan Komp said he expects Adidas to release the new styles under itsOriginalsbusiness as it sees to stem the impact on its business. A London Fashion Week guest is pictured wearing red Adidas Yeezy shoes. Getty Images stanley cup Vrxr Comeycan t imaginehe s a target of internal DOJ probe on Russia investigation
LAS VEGAS -- A two-alarm fire at a hotel swimming pool that sent large plumes of black smoke high above the Las Vegas Strip appears to be under control, CBS affiliate KLAS reported.Clark County fire spokeswoman Sandra Baker said Saturday afternoon that initial reports indicate the blaze at The Cosmopolitan of Las Vegas hotel has been put out.Baker says crews are handling evacuations of the hotel and checking for any other damage. Update to 3708 LVBSfire: Trees and cabanas burned on pool deck. Very little extension to building. One patient transported at this time.mdash adidas samba ; Clark County FD@ClarkCountyFDJuly 25, 2015Baker says the fire started at an outside pool area, and pool cabanas and trees were ablaze.The cause of the fire has not been determin ugg ed. Emergency vehicles were called to the resort shortly after noon.Heavy smoke was visible to people walking along the Strip. ponent--type-recirculation .item:nth-child 5 display: none; inline-recirc-item--id-bbd492e6-e532-4d9f-aff3-e17c3243bb0c,right-rail-recirc-item--id-bbd492e6-e532-4d9f-aff3-e17c3243bb0c display: none; inline-recirc-item--id-bbd492e6-e532-4d9f-aff3-e17c3243bb0c ~ .item:nth-child 5 air max display: block; In: Fire
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