Gap’s Shares Fall After Kanye West Threatens To Walk Away From Company

American clothing company, Gap’s stock knock down just about 6% on Monday July 20, next rapper Kanye West’s notes he completed at a in the public domain experience Sunday criticizing interruption and Adidas.

In videos mutual on community media, West may possibly be seen criticizing break and Adidas, any more clothes ballet company his Yeezy label aligned with, maxim he would allow equally companies but for he is completed a floorboard member.

READ :  2 Small Air-Tankers Collide Fighting Nevada Wildfire

West said he was not on either company’s board. “That has to change today or I walk away,” he said.

Neither Gap nor Adidas has responded to Kanye’s comments.

Gap, announced a 10-year partnership with Yeezy last month for a new line of clothes that are “modern, elevated basics for men, women and kids at accessible price points.”

READ :  Kanye West 'May Share Kardashian Secrets' To Stop Intervention

The initial announcement made by Gap and Kanye West sent Gap’s shares soaring nearly 19% on June 26.

West has had great success in the fashion space, with his Yeezy company now worth 3 billion dollars.

He was certified as a billionaire by Forbes this year.

Tags : GapKanye West

Leave a Reply

Enable Notifications    Ok No thanks