The brand says it has momentum, though some analysts wonder what will follow the current hype around its legacy Terrace styles.

Adidas has reached an out-of-court settlement with rapper Kanye West, also known as Ye, to end all legal proceedings between them, the sportswear giant says. The German company added that no money changed hands in the agreement.

But following years of legal battles and private arbitration over the decision, chief executive Bjørn Gulden shared during a conference call on Tuesday that all claims had been resolved and that both parties had agreed not to pay the other any more money.

After more than two years of disputes, Adidas and Kanye West have officially ended the conflict. On Tuesday, October 19, the sports brand announced that an agreement had been reached with the rapper.

After more than two years of disputes between Adidas and Kanye West, the conflict has officially ended. On Tuesday, October 19, the sports brand announced that an agreement with the rapper had been reached.