Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 30, 2021

Kanye West’s $90 Yeezy Gap Hoodie Selling Out Hours After Launch

Clothing retail giant Gap Inc. quietly unveiled its second collaboration with Kanye West's Yeezy label, allowing U.S. customers to pre-order its widely-anticipated $90 hoodie.

With a takeover of the homepage and Gap's blue logo reimagined to carry the letters YZY, the top was available for pre-order in six colors, with shipping times of between two and eight weeks.

Just hours after orders opened, all adult sizes large and above were marked as “sold out.”

Gap shares rose as much as 6% in Wednesday trading. 

It's the second product to be announced under the Yeezy Gap line, following the debut of a $200 recycled nylon jacket announced in June. West signed a 10-year agreement last year to design and sell clothes for men, women and kids. Gap executives hope the collaboration will help make the San Francisco-based retailer more popular with younger shoppers.

Kanye West and Gap Have Billion-Dollar Ambitions for Yeezy Deal

The value of the Gap tie-up could be worth as much as $970 million according to UBS Group AG in a private document reviewed by Bloomberg in March of this year.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search