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Kanye West’s Yeezy deal with Gap threatened as share value drops – NEWS.com.au
Kanye West’s Yeezy deal with Gap threatened as share value drops
Rapper Kanye West has caused a share price fall after issuing US clothing juggernaut Gap with a tough ultimatum. The retailer has recently struck up a partnership with West’s Yeezy brand which was expected to rake in $US1 billion ($A1.4 billion) in yearly sales after five years.
But on Monday, Gap’s stock fell by as much as 7.4 per cent after it emerged that West had threatened to pull out of the deal unless he was placed on the Gap board.
His comments were made at a public event over the week…
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