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

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”In June this year, the rapper turned business mogul Kanye West inked a deal with the struggling retailer brand Gap Inc to produce a new line marrying its American clothing classics with the rapper’s Yeezy designs.”

”Shortly after the deal was announced, Gap, which has been struggling in recent years witnessed a surge of up to 19% percent in its shares on June 26. However, a new report by CNN Business has it that Kanye’s recent dramatic statements lately may be hurting more than his public image.”

”Gap’s stock reportedly fell close to 6 percent on Monday after the 21 times Grammy award-winning rapper threatened to walk away from his deal.”
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