News briefs
August 23, 2016
Opening ceremony uniforms created for the U.S. Olympic team by Ralph Lauren
By Staff reports
Today in luxury marketing:
Speedo, Ralph Lauren drop Ryan Lochte after Rio incident
Swimwear maker Speedo and luxury retailer Ralph Lauren Corp. ended their sponsorship contracts with Ryan Lochte, days after the U.S. swimmer admitted to exaggerating his story about being robbed at gunpoint in Rio during the Olympics, reports Reuters.
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