Why did Ryan Lochte lose his sponsors?

Why did Ryan Lochte lose his sponsors?

The decisions by Speedo, Ralph Lauren, Airweave and Gentle Hair Removal came after Lochte admitted to “over-exaggerating” the armed-robbery claim, an assertion that overshadowed much of the second week of the Summer Olympics that concluded Sunday.

What endorsements did Ryan Lochte lose?

(Reuters) – U.S. Olympic swimmer Ryan Lochte lost all four of his major sponsors on Monday, including Speedo USA and Ralph Lauren Corp RL. N, following his apology for an “exaggerated” story about being robbed at gunpoint at the Rio Games.

What happened to Ryan Lochte parents?

She’s the best.” He also discussed how his parents’ 2011 divorce changed his family dynamic. “At one point, we were all against someone, and then later on in life, it changed,” he explained of his mother Ileana Lochte, and father’s split. He continued, “When it happened, it was — we were all on my mom’s side.