Skechers said it had “no intention” of working with the rapper and designer, who now goes by Ye, also adding in a statement: “We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech.”
They were just the latest in a number of high-profile brands cutting ties with the man who was once one of their most popular and profitable stars.
Adidas estimated that ending their Yeezy collaboration and pulling all stock from sale with immediate effect would cost them £217m in Q4 of 2022 alone. Gap, JP Morgan and West’s label Def Jam are among the others to have distanced themselves.
The scandal has seen West lose his position in Forbes magazine’s billionaires list, with the magazine estimating his net worth to have fallen from $1.5bn (£1.3bn) to $400m.