Within the 90s, Sean ‘Diddy’ Combs made his mark as a rapper and producer, but it surely was his trend model, Sean John, that made him an entrepreneur. Quick-forward to 2021, and Combs sued the model for $60 million for persevering with to make use of his title. Now, AllHipHop experiences that he not too long ago dropped the lawsuit.
The Rise Of Sean John
In line with Fox Enterprise and GQ, Sean John began out as a “cubicle” at Unhealthy Boy Data in 1998. Its first merchandise had been samples worn by celebs like Jay-Z and Busta Rhymes on tour. By 2021, the model was taking part in iconic trend moments, similar to New York Style Week. Two years later, it landed a reported $100 million funding.
Then, in 2004, Diddy grew to become the primary Black man to win within the menswear class of the Council of Style Designers of America (CFDA) Awards. Eighteen years later, in 2016, Sean John was racking in about $450 million in annual retail gross sales, per Ladies’s Put on Each day.
What Led To Diddy’s Lawsuit Towards His Style Cash-Maker
Fox Enterprise experiences that Diddy bought 90 p.c of his stake in Sean John to World Manufacturers in 2016. Although the objective was to succeed in the millennial buyer base, issues went bitter between the founder and the brand new proprietor in 2021.
That very same yr, he sued World Manufacturers for persevering with to make use of his “Vote or Die” slogan. In his eyes, it was not solely copyright infringement but additionally advised he was nonetheless operating Sean John. Moreover, he claimed the corporate was lacking his picture and private with out consent for advertising and marketing functions.
That very same yr, the brand new proprietor filed for chapter as a result of dropped gross sales from the COVID-19 pandemic. Combs didn’t waste any time and purchased the corporate again after successful a $7.5 million bid.
Right here’s Why Sean Dropped His Lawsuit & What’s Subsequent
AllHipHop experiences that Diddy voluntarily dismissed the lawsuit after coming to an settlement with GBG Sean John LLC and GBG USA Inc. As of June 21, all claims and counterclaims have been dropped in New York Metropolis.
It’s unclear what’s subsequent for the model, particularly given the back-to-back hits that Combs’ rep has taken since November 2023. On the time, his ex-girlfriend Cassie Ventura accused him of graphic incidents of sexual assault, abuse, and trafficking in a bombshell lawsuit.
He settled inside a day, nonetheless denying the claims. Nonetheless, since then, a number of different girls and a former male worker have sued the hip hop mogul for related, disturbing acts.
Resurfaced lodge footage of him placing his fingers on Cassie in a lodge hallway in 2016 has given credibility to not solely her claims but additionally the opposite pending lawsuits.
RELATED: Cassie Breaks Silence For The First Time Following Viral Footage Of Diddy Assaulting Her In 2016
Macy’s, which Sean John partnered with in 2010, started phasing out the style model final fall. Now, it’s practically not possible to safe gadgets from the enduring streetwear model.
As for its founder, he not too long ago stirred social media chatter after clearing his Instagram web page of all posts, together with his anonymous apology in regards to the lodge hallway assault.
RELATED: Goin’ Ghost? Diddy Erases Instagram Content material, Leaving No Signal Of His Apology Video
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