Just three weeks after news broke that Diddy would be attempting to buy back his apparel line from the current bankrupt owners, Diddy has outbid everyone to regain ownership of Sean John. SLC Fashion, LLC a company associated with Diddy will pay $7.551 million for the Sean John brand’s assets, according to the court filing – nearly double the initial $3.3 million bid, but still considerably less than he likely received when he sold it in 2016.
Notable Quotes: “I’m ready to reclaim ownership of the brand, build a team of visionary designers and global partners to write the next chapter of Sean John’s legacy.” – Sean “Diddy” Combs
APPARATUS 