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+--- Thread: Ryan Lochte Has Lost All Of His Sponsorship Deals (/thread-32225.html)
Ryan Lochte Has Lost All Of His Sponsorship Deals - mapoui - 08-23-2016
http://www.zerohedge.com/news/2016-08-22/ryan-lochte-loses-speedo-ralph-loren-sponsorships-after-over-exaggeration-scandal
Quote:Update: As we learned moments ago, Ryan Lochte has now lost his last two remaining sponsorships, those with Airweave and Gentle Hair Removal, meaning as of this moment, his Rio gas station "exager-gate" stint has cost him all of his future advertising endorsements.
Now if only he could find employment at the Clinton foundation...
Earlier:
Ryan Lochte's drunken night out with his fellow US olympic team swimmers, culminating with a fabricated explanation of what happened at a particular Rio gas station, may end up being the costliest "fib" in the history of the Olympics. The reason: Lochte has already lost two of his core sponsors, when first swimwear maker Speedo USA said earlier today it had decided to end its sponsorship of Ryan Lochte, two days after the U.S. Olympic gold medalist swimmer admitted to exaggerating his story about being robbed at gunpoint in Rio de Janeiro, followed promptly by luxury retailer Ralph Lauren Corp, which also said it would not be renewing its contract with the swimmer.
Speedo USA said it would donate $50,000 of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company. "We cannot condone behavior that is counter to the values this brand has long stood for," Nottingham, UK-based Speedo's U.S. unit said in a statement on Monday.
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - Nargis - 08-23-2016
it good.
teach them not to lie!
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - mapoui - 08-23-2016
yes..his racism taught him he cud do whatever he wanted to black people especially overseas and walk scot free. it wud never count against him in america
not anymore. the corporations are global now and depend on people everywhere for profit. and americans are going broke now making the foreign markets even more important to corps.
there is no place for ordinary americans to hide now..not even inside american borders. it mus' be a b!tch for lochte to suddenly discover that where he thought he was safest he is in fact now most vulnerable ::LOL:: ::LOL:: ::LOL:: ::LOL::
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - Nargis - 08-23-2016
he dont even look sorry for what he did!
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - ketchim - 08-23-2016
And his 2 accesories to the Crime :
http://www.latimes.com/sports/olympics/la-sp-oly-rio-2016-more-intrigue-in-rio-as-2-u-s-swimmers-1471484016-htmlstory.html
U.S. swimmers who were in a group with ry@n Lochte that were allegedly mugged
in Rio were pulled off a plane at the airport
Gunnar Bentz and Jack Conger were on a plane leaving Rio
when authorities asked them to deplane and their passports were seized. ..
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - rz3300 - 08-23-2016
Well, good. I mean there has to be some kind of punishment or consequences that come from his mistakes, and this one makes sense. If I was in charge of a company worth that much and we had him as a sponsor, I would want to immediately distance myself from him just like they did. They guy is 32 years old, and he has business doing these sorts of stupid things, and so now he has to pay a big price. He'll be fine, he has money. Thanks for sharing.
Re: ry@n Lochte Has Lost All Of His Sponsorship Deals - Casiox - 08-24-2016
That's what you get when all you do is lie, that guy is clearly dead when it comes to businesses and that sort of thing, he better should find himself a new job in some bakery store because he's quite useless now.