Swimsuit company Speedo USA, clothing giant Ralph Lauren and skin-care firm Syneron-Candela issued statements in quick succession, all with the same message: Lochte is out. Ryan Lochte, left, models Polo Ralph Lauren uniforms with other U.S. athletes. Ralph Lauren, which provided the Polo-branded attire worn by the U.S. team at the opening and closing ceremonies, said it would not be renewing Lochte's contract. Lochte 'destroyed almost all' his marketabilityLochte issued a statement through his public relations firm thanking Speedo USA for its long support. In the last of three interviews with NBC that included ever-changing accounts of the incident, Lochte apologized and acknowledged he "over-exaggerated the story."

Source: CBC News August 22, 2016 15:58 UTC