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Diddy Reclaims Ownership of Sean John Brand

1 month ago   |   By

Diddy has reclaimed ownership of his renowned Sean John brand for $7.551 million USD, reports WWD. Diddy launched his eponymous streetwear label in 1998, which remained a household name in hip-hop fashion. However, the rapper and record executive sold the majority interest in Sean John to Global Brands Group in 2016, with Diddy retaining a 10 percent stake. However, the relationship between the two entities soured over the years with Diddy filing lawsuits against GBG citing trademark infringement, false endorsement, misappropriation of likeness and violation of his publicity rights...
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