Kanye’s Gap & Balenciaga deal is estimated to bring in nearly $1 billion in sales next year

Kanye West’s Gap & Balenciaga deal is estimated to bring in nearly $1 billion in sales next year

Kanye West definitely know how to secure the bag!

As previously reported, earlier this month it was reported that the creative director of Balenciaga Demna Gvasalia joined Kanye West (aka Ye) for his Gap collaboration for a global launch in 2022 called “Balenciaga-designed Yeezy Gap.” Kanye West, 44, and his Yeezy apparel company first partnered with Gap in 2020 and signed a 10-year partnership with the retail company, which launched “Yeezy Gap.”

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According to reports, Gap originally planned their partnership with Yeezy to reach $1 billion in revenue by 2025. However, it seems that goal will be achieved a lot sooner. New reports suggest that the “Yeezy Gap Engineered by Balenciaga” team could bring in nearly a billion dollars in revenue by next year, 2023.

To date, “Yeezy Gap” has released unique hoodies and bubble jackets for fashionistas to shop.

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Although Yeezy’s line with Gap is small at the moment, and the brands have yet to launch something with their new partner, Balenciaga, Gap is still ramping up its finances. Reportedly, the company’s CEO revealed that the Yeezy hoodie brought in the most online sales in a single day from a single item in Gap’s history.

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Kanye West

What are your thoughts on this? Tell us in the comments below!

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https://thejasminebrand.com/2022/01/17/kanyes-gap-balenciaga-deal-estimated-to-bring-in-close-to-1-billion-in-sales-by-next-year/ Kanye’s Gap & Balenciaga deal is estimated to bring in nearly $1 billion in sales next year

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Aila Slisco is a Interreviewed U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Aila Slisco joined Interreviewed in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: ailaslisco@interreviewed.com.

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