Jay-Z has always been known to be the consummate hustler. Savvy as both a rapper and a businessman, he has closed countless deals that have netted him huge sums of money. While he is known for being one of the greatest rappers of all time, the majority of his earnings have come from deals outside of music.
More power to him…. Frist I respect Jay-Z for what he is… A very talented rapper who sold alot of records. But the truth is Damon Dash created this aura for his friend who just knew how to rhyme. He created all of this threw his center piece: Jay-Z. Kayne West is his only selling artist on his label besides himself.
Reid runs Def Jam and used Jay-Z as the face of, and in return is teaching him how to run his own label since Dame was doing it before. How could they possibly take it to new heights? I think Jay is smart to sell the rights at this time. There is excess liquidity in the market chasing deals which has created a great market for sellers. If the brand is peaking you certainly want to sell now and redeploy the cash to another faster growth opportunity. Good biz move. To recoup its investment, I suppose Iconix will grant rights to everybody from apparel to kitchen appliance manufacturers to recoup its investment.
Ever thought about Roca Wear toasters? The brand is watered down now.. Jay- z and p. Field's designs would be part of a collection called the House of Rocawear, featuring retro-glam styling. In addition, Rocawear was selling well in the United Kingdom, with slimmer tops and less baggy bottoms to compete with Diesel and other London fashion houses. State Property 2, starring Beanie Sigel, hit theaters in April just after his latest album went on sale.
Sigel was not making public appearances, since he was behind bars, but his notoriety only increased sales for both the movie and Rocawear's State Property apparel line.
By September Dash was no longer willing to work with his partners, primarily Jay-Z, at Rocawear. Dash maintained the breakup was due to philosophical differences. Jay and the other partners want to cater more to the pure urban demographic, and that's not the direction I wanted to go anymore. I never thought I could have made so much money so quickly, and I have no doubt Rocawear will continue to be successful.
Dash vowed to move on to bigger and better projects, though the remarkable success of Roc-A-Fella Records and Rocawear were a hard act to follow. Roacwear conducted its business as usual after Dash's departure, showcasing its wares at a mini showroom during New York City's "7th on Sixth" semiannual fashion extravaganza.
Rocawear's partners, Jay-Z, Alex Bize, and Norton Cher, planned further European expansion for , to launch new women's and teen collections, and to promote its RocBox, an alternative to Apple Computer's phenomenally popular iPod. Toggle navigation. User Contributions:. Comment about this article, ask questions, or add new information about this topic: Name:.
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Football Football Fixtures. To celebrate the rapper's 51st birthday, we look back at a simple idea that became a seven-figure business. Kieran Spratt. Victoria Beckham Getty Images. Manchester United. We spent hours as a child flicking through pages looking for that damn red and white striped character, [ They boast a combined million followers on Instagram and are two of the finest sports people on [
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