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diddy sean john Tag

Diddy Buys Back Sean Johnn Out of Bankruptcy for $7.5 Million

[ad_1] Diddy has regained ownership of his former clothing brand Sean John.According to a report from TMZ on Tuesday (Dec. 21), the rapper-turned-music mogul bought the brand out of bankruptcy for $7.5 million in cash. The outlet notes that Diddy was up against four others in the bidding war."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," he told the gossip website.Diddy continued, "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...

Diddy Sues Sean John Clothing Company for $25 Million

[ad_1] Diddy is once again embroiled in a legal battle with Sean John, the clothing line he made famous.According to federal court documents filed in Manhattan, N.Y. on Thursday (Feb. 4), Puff is suing Sean John and the company's current owner, Global Brands Group USA, for $25 million. The lawsuit claims GBG USA collaborated with U.K.-based women's retailer Missguided to create a new women's line and used Diddy's name, image and likeness to promote the new brand. However, the music mogul never gave the company permission to do so. GBG USA is accused of providing false quotes to the press about Diddy supporting the line."The SJ/Missguided Agreement was entered into without Mr. Combs’s knowledge,...