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Speedo, Ralph Lauren Drops Lochte
- CNN Money, Tuesday, August 23, 2016 8 AM
Disgraced U.S. swimmer Ryan Lochte lost two sponsorship deals Monday. Speedo was the first to drop the swimmer. "While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for," said its statement.
