Kanye West Seeks To Pull The Plug On Billion-Dollar Gap Deal
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deadline.com“Everyone knows I’m the king,” Kanye West said in an interview today with CNBC’s Closing Bell. “A king can’t live in someone else’s castle.
A king has to make his own castle.”That, apparently, is Ye’s aim now, but first he wants to dissolve the 10 year deal he signed in 2020 with Gap.
It’s a significant move, given that his Yeezy Gap line reportedly made $1 billion in sales in the first year, according to Forbes.
In 2021, Bloomberg estimated that about $970 million of the hip-hop mogul’s fortune was attributable to the Gap deal.The multihyphenate’s lawyers sent a letter to Gap Inc today indicating he was terminating the partnership.
Read more on deadline.com
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