The Woo Report is a movement that ecompasses all that is Urban America. Urban America is exported to every corner of the globe in the form of Hip-hop. The Woo report is Music, clothing,and above all a way of life. Our life.
Sunday, October 26, 2008
Diddy Buys Enyce From Liz Claiborne.
Recently Rap Mogul known as Diddy bought the long forgotten Enyce clothing line from Liz Claiborne Inc. for 20 million dollars.
You may remember that Enyce was a hot clothing line about 10 years ago and now is worn by people mostly when its laundry day.
However whats really interesting is that the line was purchased from sports brand international by Liz Claiborne in 2003 for 114 million dollars.
I guess if Diddy can revamp the line and put it back on the level that it was years ago he can double or even triple his investment.
One minute rumors are saying that Diddy can't afford gas for his leased jet and the next minute he is spending 20 million dollars.
It just goes to show that you can't believe everything you read or hear. I wish Diddy good luck. Encye may rise again.
One Love, One Nation. One World.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment