LeBron James Launches New Nike 12 Footwear

LeBron James

LeBron James, the greatest NBA player on earth, continues to make major moves on the business side of the ball.

James, who will play for the Cleveland Cavaliers this season, visited Nike headquarters to launch his new Nike 12 sneakers.

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Wiz Khalifa Releases New Shoe in Celebration of His #1 Album

Wiz Khalifa shoe launch at Foot Locker

Rap artist Wiz Khalifa launched his new sneaker line, the Chuck Taylor All-Star Wiz Khalifa Collection, at The Foot Action store in Midtown Manhattan on Thursday. The shoe release came on the heels of his #1 Album, Blacc Hollywood, which you can download on iTunes.

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Barney’s agrees to pay $525K for profiling black customers

Trayvon Christian

Barney’s NY has agreed to pay $525,000 in fees and penalties for racially profiling two Barney’s customers.

The settlement was reached after a nine-month investigation by the New York state attorney general’s office.

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Rapper Jadakiss Opens Juice Bar in Hometown

Jadakiss

Rap artist Jadakiss is a businessman, yo. The 39-year-old NY native recently opened a juice bar to dispense healthy, nutritional beverages in his hometown of Yonkers. Jadakiss, whose real name is Jason Phillips, coined his unusual stage name from his deep longing for actress Jada Pinkett.

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Teen opens world’s first pawn shop for $15,000 sneakers

Chase Reed opens pawn shop for sneakers

Why barter with other sneaker heads on eBay.com for bootleg Jordans when you can get the real thing for $15,000 at a pawn shop that deals in throwback kicks? The president’s teenage daughter collects a paycheck fetching coffee and dry cleaning for the staff over at CBS, but one enterprising 16-year-old has found the perfect niche: a sneaker pawn shop.

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Shoppers, Get Ready for Buckhead Atlanta

Buckhead Atlanta rendering

Atlanta shoppers who prefer a more upscale experience will have a new shopping destination this Fall.

Buckhead Atlanta will begin opening stores in September through 2015. The collection of luxury retail shops, apartments and restaurants will span six city blocks at the intersection of Peachtree and East Paces Ferry roads.

Standalone stores that are new to the Atlanta area include Spanx (flagship), Scoop NYC, L’Occitane skin care, Georgetown Cupcakes, and Shake Shack, among others.

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Pot Vending Machines Set to Debut

An enterprising Colorado company has produced the first marijuana vending machine in the country. The vending machine will be put into operation at a pot dispensary in Eagle-Vail, Colo., UPI reports.

The new machines will be equipped with cameras and scanner technology to identify the person swiping the medical marijuana card.

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