Thursday, Yeezy told Gap that the retailer failed to meet its contract obligations, including the opening of dedicated Yeezy Gap stores.
Gap CEO Mark Breitbard confirmed the break in a memo to employees later in the day, saying that the two parties shared a vision for Yeezy Gap, but that how they work to deliver the vision"is not aligned." In an interview on CNBC's"-- CNBC's Sarah Min, Jack Stebbins, MacKenzie Sigalos, Melissa Repko and Gabriel Cortes contributed to this report.
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Source: MarketWatch - 🏆 3. / 97 Read more »
Asian markets follow Wall Street lower amid inflation pressureAsian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease off more...
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