Washington: Speedo USA announced Monday it has ended its sponsorship of star Olympic swimmer Ryan Lochte following his false claim that he had been robbed at gunpoint in Rio, a story he later admitted was "overexaggerated."
"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," the company said in a statement.
AFP