Tuesday, March 24, 2009

And Another Thing, Dame and Rachel???


Look at Dame Dash lookin' all sideways. Hmph. Just curious. What happened to that $4 Billion dollar fashion deal you signed with Jones Apparel Group and TSM??? Remember that??? Did Dame fuck that off too? O.m.G.

Forbes reports that, the Jones Apparel Group has entered a deal worth $4 Billion dollars to market & license the Rachel Roy fashion brand. Jones Apparel Group Inc… said it has formed a joint venture with Rachel Roy, Damon Dash and TSM Capital LLC to develop, market and license the New York-based fashion brand, Rachel Roy. Under the terms of the agreement, Jones owns 50% of the joint venture interest. The remaining interest is owned by the two founders, Rachel Roy and Damon Dash, as well as TSM Capital which acquired a minority stake in the business last November. Jones said it will assume operations of the existing designer collection business under license with the new joint venture.

Rachel Roy Collection Spring/Summer 2009

Rachel Roy is a fashion designer who's a staple in the NY Society Scene. The Fashion magazines are saturated with pics of her and other celebs wearing her pieces. Hmph. Beautiful woman, talented, succesfull. Claim to Fame, thus far? Married to Damon Dash.

Whew! Thank God for fresh starts!

Here's Rachel with their daughter Ava. They have two children together.

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