Tuesday, 23 August 2016 - 7:24
Ryan Lochte: Speedo and Ralph Lauren among four to end sponsorship
Four sponsors have dropped disgraced US Olympic swimmer Ryan Lochte, including swimwear manufacturer Speedo and fashion label Ralph Lauren.
They were followed by announcements from skin care firm Syneron-Candela and Japanese mattress maker Airweave.
It comes after Lochte lied about being robbed at gunpoint by a policeman after a night out during the Rio Olympics.
Lochte, a 12-time Olympic gold medalist, has earned millions of dollars through endorsements.
Speedo, the biggest sponsor of the four, said: "We cannot condone behaviour that is counter to the values this brand has long stood for."
Lochte, aged 32, said he respected Speedo's decision, and thanked the company.
"I am grateful for the opportunities that our partnership has afforded me over the years,'' he said.