Adidas terminating its partnership with Kanye West is one of those once-in-a-decade fashion stories that manages to escape the close-knit industry’s bubble. A creative being ousted from a clothing company may not have gotten this much attention since John Galliano was fired from Christian Dior in 2011. (The Sun had published a shocking video of the designer on an anti-Semitic tirade.) Two weeks ago, I predicted that the fashion industry would not cancel West. This was before CAA and Adidas cut ties to West, and before Gap announced it would no longer sell the Yeezy product that was languishing in...