TJ Maxx disowned Yeezy’s brand amid Kanye West’s downfall.

new york
CNN Business

Following a series of anti-Semitic comments, the list of companies cutting ties with artist and designer Yee continues to grow, with TJ Maxx dropping his clothing line, the retailer announced Wednesday.

The decision follows similar moves by Gap and Foot Locker to pull Yezi’s merchandise from their stores. Gap also said it has shut down Adidas on Tuesday ended its partnership with Ye, who legally changed his name from Kanye West.

“At TJX we do not tolerate discrimination, harassment or hate of any kind. Globally, we have instructed our buying teams not to purchase this merchandise in any of our stores,” the retailer told CNNBusiness in a statement Wednesday.

TJX ( TJX ) Companies operates popular off-price retail chains TJ Maxx, Home Appliances and Marshalls.

These chains have become popular in the current inflationary environment because they buy unwanted or surplus inventory from suppliers and retailers such as luxury brands such as Gucci, Chanel and Prada and sell them at a fraction of the cost.

As more retail chains announce they will no longer carry Yeezy-branded products, it could create a glut where there is no place to sell these items.

The downturn has even affected rare auction houses and private sales.

West in 2010 Christie’s, the auction house that hosted the private sale of the rare Nike Air Yeezy 1 prototype he wore to the Grammy Awards in 2008, has said he is no longer going with it.

The sneaker was last sold in a private sale at Sotheby’s in 2021 for $1.8 million, according to the report.

A Christie’s spokeswoman said Wednesday: “We do not, or have any plans to, sell any of these items.

Source link

Related posts

Leave a Comment

1 × four =