Jay Z buys another clothing line!!!
Posted by Media Outrage on November 9th, 2007
His worldly empire just keeps expanding. Hov recently purchased high end clothing line Artful Dodger for a reported $15million in cash. Well his joint venture company with Iconix Brand Group, Inc, which is the same company that bought Roca-Wear, Scion LLC purchased Artful Dodger.
Artful Dodger was formerly owned by Sovereign State LLC and the brand is primarily sold in UK specialty stores and US boutiques.
“Artful Dodger is an incredible brand with a lot of room for growth and Scott Langton is a visionary designer,” Jay said via a statement. “They represent what’s next and new in fashion and we are glad to have both the brand and Scott as a part of our family. Artful Dodger represents the first of many acquisitions that will begin to shape our joint venture with Iconix.”
A great thing to see young black entrepreneurs continue to excel. Two weeks ago Diddy announced his 50/50 lucrative deal with Cirok Vodka, and now Jay picks up yet another clothing line that is sure to soar with a few noticeable mentions from him and other Jay wannabes.
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