Ryan Lochte Loses Last Two Major Sponsors Following Rio Olympics Scandal!

Ryan Lochte‘s brand has taken a huge hit since his Rio Olympics scandal!
The swimmer received a lot of backlash for “exaggerating” a story of being robbed at gunpoint during this year’s games, leaving him with two less sponsors.
Now, the number has doubled.
Following Speedo and Ralph Lauren‘s lead, both Airweave, a Japanese mattress company, and Gentle Hair Removal have decided to drop the disgraced Olympian.
Related: Ryan Responds To Speedo’s Decision!
Despite the CEO of Airweave, Motokuni Takaoka, previously saying they would stand by the 32-year-old, in a statement made on Monday the brand announced:

airweave’s official statement regarding sponsorship of Ryan Lochte. pic.twitter.com/pFGzMSxnTR
— airweave USA (@airweaveUSA) August 22, 2016

Yikes.
And Syneron-Candela, Gentle Hair Removal’s parent company, echoed similar sentiments with their statement:

BREAKING: Ryan Lochte has lost his 3rd endorsement deal today. Parent company of Gentle Hair Removal ends deal pic.twitter.com/kAHq6ivYsp
— Darren Rovell (@darrenrovell) August 22, 2016

Sadly for Ryan, all four companies were his major sponsors.
It will be interesting to find out if he can recover from this scandal down the road.
What do U think???
[Image via Instagram.]