L’Oreal Purchases Carol’s Daughter

Carol's Daughter sold

French cosmetics and beauty company L’Oreal USA announced today it was purchasing ethnic hair and beauty line Carol’s Daughter.

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NFL Bans Beats by Dre™ Headphones On Sidelines

Colin Kaepernick

It’s become a routine sight to see NFL football players listening to their favorite tunes through Beats by Dre™ headphones on game day. But Bose electronics — the go-to choice for serious audiophiles — just put the smack down on players rocking the bass heavy headphones on the NFL sidelines this season.

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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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