Diddy becomes the owner of Sean John Brand again after purchasing for $7.5 Million
The rap mogul has bought back his fashion brand for about $7.5 million. He was up against 4 other bidders but won the battle. The deal is expected to be finalized this week. Diddy had sold Sean John to the apparel giant Global Brands Group in 2016, but GBG’s U.S. unit filed for Chapter 11 bankruptcy earlier this year, citing losses during the COVID-19 pandemic, like many other companies. Diddy had expressed his interest in buying it with a legal filing earlier this month.
“I launched Sean John in 1998 with the goal of building a premium brand that shattered tradition and introduced Hip Hop to high-fashion on a global scale,” Diddy said in a statement about the purchase. “Seeing how streetwear has evolved to rewrite the rules of fashion and impact culture across categories, I’m ready to reclaim ownership of the brand, build a team of visionary designers and global partners to write the next chapter of Sean John’s legacy.”
Diddy launched Sean John in 1998 with annual retail sales reaching around $450 million in 2016. That year, Diddy sold a 90% stake in the company to Global Brands, saying that the partnership “provides us the opportunity to reach the Millennial customer on a global level.”
Diddy sued Global Brands for trademark infringement over its use of his “Vote or Die” slogan earlier this year. According to him, the phrase belonged to him, and that using it with Sean John implied that he was still in control of the brand.
Rapper Snow Billy Claims Legendary DJ Kay Slay Died Of AIDS
DJ Kay Slay Allegedly Died Of AIDS
A former friend of DJ Kay Slay is spreading a very disturbing rumor about him – saying that he knows what truly killed the legendary NYC DJ. This former friend is telling people on Clubhouse that Kay Slay “died of AIDS.”
Snow Billy, is a former friend of Kay Slay and NYC rapper who once managed Tekashi 6ix9ine. He went on Clubhouse yesterday and told his listeners, “DJ/rapper Kay Slay had full blown AIDS.”
Officially, Kay Slay’s family released a statement at the time of his death – saying that the legendary DJ passed away after a long bout of Covid-19. The family did not reveal any other comorbidity that may have contributed to his death.
We are not able to confirm the veracity of Snow Billy’s statements – and it doesn’t appear that he has any evidence to back up his claims either.
But even without any evidence, Snow Billy’s ‘AIDS’ rumor is spreading like wildfire all over social media.
Listen to the hundreds of people on Clubhouse discussing the rumor that Snow Billy started. We’re not posting the audio here, because it contains a lot of bad language, and many questionable assertions.
Texas Man Punched In The Face After Telling Child To Be Quiet At A Restaurant
<>Man Punched In The Face After Telling Child To Be Quiet At A Restaurant
According to reports gathered A Texas man was punched in the face by a parent after he reportedly told their child to “be quiet” at a taco restaurant.
The Brownsville Police Department is currently searching for a man who punched the reported victim on Easter Sunday at the Taco de Marcelos restaurant.
In a statement, police said: “the male subject got up from the table and started assaulting another customer. The male subject then exited the location and left the area.”
“The only other detail we can release is that the victim told the suspect’s child to be quiet because they were trying to eat. And the subject got mad and went over there and started punching the victim.”
The suspect is reportedly still on the loose and no one has come forward with his identity
Investigator Martin Sandoval said the victim had “a couple of bruises” but appeared to be fine despite the unexpected attack. In a video clip provided by police, the suspect appears to be a white male wearing a red T-shirt, black shorts, and sneakers.
However, the public has not reached out to the police about the suspect’s identity.
DaBaby “Shot Home Intruder in the Leg” at North Carolina Estate
According to reports circulating the internet, there was a shooting at DaBaby’s estate in North Carolina earlier today and DaBaby was home when the incident happened.
Around 7:45 p.m. on April 14th, Troutman Police officers went to the home on Stillwater Road after receiving a call about a shooting at the rapper’s estate. When officers arrived, they found a person with a gunshot wound that was not life-threatening to their “lower extremities,” Troutman Police Chief Josh Watson told The Charlotte Observer.
DaBaby was inside the home at the time of the shooting, Watson said, adding that the person was shot on the football field outside of the home. The identity of the injured person was not revealed.
TMZ now reports citing law enforcement sources that DaBaby was the one who shot the intruder. The rapper reportedly exchanged words with the person and soon after shot him in the leg. DaBaby then called 911 and has been cooperative with cops.
WSOC TV reports that someone called 911 and told the dispatcher, “I shot him in his leg.”
“OK. And why did you do that?” the dispatcher asked.
“He’s trespassing on my property,” the man told the dispatcher. “(Inaudible) about my name. I don’t know what he’s here for. What he’s here to take. What he’s here to do. He’s neutralized until you guys get here.”