Hip-hop mogul Shawn 'Jay-Z' Carter has signed a deal to buy British designer Scott Langton's luxury clothing brand Artful Dodger - for $15 million (£7.5 million) cash.
The rap star completed the purchase together with his business partners Iconix Brand Group Inc. last week (ends09Nov07) under the company name Scion - a joint venture between the two parties.
In a statement, Carter says, "Artful Dodger is an incredible brand with a lot of room for growth and Scott Langton is a visionary designer. "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."
Iconix bought Jay-Z's Roc-A-Wear Clothing label earlier this year (07) for $204 million (£102 million) in cash. (MT/WNWCNHL)
Copyright 2007 WENN
Tim Allen Pulled Home Improvement From His Own Experiences. One Way Shifting Gears’ Matt Parker Is Different
Hayden Christensen And Rosario Dawson Reunite During The Ahsoka Panel At Star Wars Celebration Japan 2025 - Live Blog
After Law And Order: Organized Crime Reunited Benson And Stabler, Dean Norris Credits Chris Meloni For 'The Most Unsexy Pickup Line You Can Imagine'
