Rise and fall of Diddy's Sean John fashion empire amid federal investigation [FOX Business Network]
Ralph Lauren Corporation (RL)
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Source: FOX Business Network
Sean "Diddy" Combs status as a mogul is wavering in the wake of the raids on his homes in Los Angeles and Miami as part of a human trafficking investigation, in addition to multiple lawsuits. One of the first brands that put Combs on the map as an entrepreneur, in addition to rapper and producer, was his Sean John fashion brand. But the brand has seemingly hit hard times. Launched in 1998, Sean John began in practically a cubicle at Combs' label, Bad Boy Records, according to a 2018 oral history in GQ. It also revealed that the first product samples were created as "tour product" and given to musicians like Jay-Z and Busta Rhymes. In GQ, Combs said, "Jeff [Tweedy, then president of the brand] initially faced some pushback from the retailers who categorized us as urban and as a celebrity without staying power, but that wasn't something I ever thought about." "It brought that swagger of urban fashion and injected right into mainstream culture. Their timing was impeccable," Ted
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RL
Earnings
- 2/8/24 - Miss
RL
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- RL's page on the SEC website