Tuesday, March 06, 2007
I'M NOT A BUSINESSMAN, I'M A BUSINESS MAN!
Jay-Z might be selling his Rocawear Brand to Iconix Brand Group. It's all talk now but if sold it's going for a mere $204 million. Iconix is known for liscensing & marketing brands such as Candies, Joe Boxer, London Fog & etc. If the deal goes down Jay will also get $35 million of Iconix stock. Not bad, not bad at all.
LL Cool J is to be the new face of Chapstick. "It's an obvious fit. LL has been licking his lips for 20 years," Lighty told Brand Week. "They'll get to speak to people who normally would not pick up Chapstick."
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