Gap shares fall after Kanye threatens to walk away from Yeezy-Gap deal unless he’s made board member

Gap shares fall after Kanye threatens to walk away from Yeezy-Gap deal unless he’s made board member

American clothing company, Gap's stock fell nearly 6% on Monday July 20, following rapper Kanye West's comments he made at a public event Sunday criti

Video: Kanye West suffers mental breakdown at campaign rally, slanders activist, Harriet Tubman
Kanye goes on a rant, claims Kim tried to get him ‘locked up’
Kanye West wants Jay-Z as running mate on presidential ticket

American clothing company, Gap’s stock fell nearly 6% on Monday July 20, following rapper Kanye West‘s comments he made at a public event Sunday criticizing Gap and Adidas.

In videos shared on social media, West could be seen criticizing GAP and Adidas, another apparel company his Yeezy brand partnered with, saying he would leave both companies unless he is made a board member. West said he was not on either company’s board. “That has to change today or I walk away,” he said.

Neither Gap nor Adidas has responded to Kanye’s threats

Gap, announced a 10-year partnership with Yeezy last month for a new line of clothes that are “modern, elevated basics for men, women and kids at accessible price points.” The initial announcement made by Gap and Kanye West sent Gap’s shares soaring nearly 19% on June 26.

West has had great success in the fashion space, with his Yeezy company now worth 3 billion dollars. He was certified as a billionaire by Forbes this year.