According to a report in The Wall Street Journal, the urban beauty products brand Carol’s Daughter filed for bankruptcy protection from its creditors. Carol’s Daughter founder Lisa Price disputes the report.
The Wall Street Journal reports that CD Stores LLC, formerly known as Carol’s Daughter Stores LLC, filed for Chapter 11 bankruptcy in Manhattan bankruptcy court.
Rap tycoon Sean Combs, aka Puff Daddy, was locked in a bitter bidding war with ex-girlfriend, Jennifer Lopez, for the rights to acquire Fuse TV.
Puff, who hates to lose, was outbid by J-Lo and the NuvoTV network — the media outfit that ponied up the cash for the purchase. Puff Daddy badly needed Fuse TV’s viewership to boost the ratings of his own Revolt TV. Fuse TV is seen in 74 million homes while Revolt TV is only in 22 million homes.
Smash-and-Grab ATM thieves struck the upscale Snob Life salon near downtown Atlanta early Friday morning. The hapless thieves were foiled when they discovered the ATM was bolted to the salon floor. The thieves hit the popular salon, owned by Atlanta socialite Ming Lee, around 6:40 a.m. Friday, police told the Atlanta Journal-Constitution.
Snob Life is a salon that caters to Atlanta’s entertainment scene. The stylists are regulars on music videos sets. Their clients include reality TV stars and rappers.
“I feel violated,” salon manager Erin Wales told The Atlanta Journal-Constitution. “We did not expect this at all.”
Last year the timepiece of choice for the hip hop set was Audemars Piguet (because rappers like Jay Z favor the brand). This year, the timepiece of choice seems to be the legendary Rolex. So much so that jewelers can’t keep the pricey watches in stock.
Rapper Rick Ross has always had a taste for finer things since the days when he punched a clock as a corrections officer in Florida. But a jeweler is suing Ross for absconding with about $90,000 worth of Rolexes that he didn’t pay for. Read on.
Rap mogul Jay Z has all the right connections. The self-professed “business, man” is now licensed by the NBA to represent NBA athletes, according to a report on ESPN. The news was first reported by Sports Business Journal.
Jay Z, who has zero experience as a sports manager, signed NY Yankee Robinson Cano and NY Giants wide receiver Victor Cruz after forming Roc Nation sports management agency with his business partner Juan Perez (pictured left). He later signed WNBA player Skylar Diggins. But professional athletes are not rappers, and insiders are questioning whether Jay Z has the skills to negotiate major sports contracts and endorsements for his clients.
Rap stars, actors, wealthy socialites, reality TV stars and professional athletes joined rap mogul Jay Z and his wife Beyonce to celebrate the 10th anniversary of the Grand Opening of Jay Z’s 40/40 Club and Sports Bar in NYC on Monday, June 17. Sharply dressed stars attending the shindig included rapper T.I. and his wife Tameka Harris; singers Maxwell, Adrienne Bailon, Kylie Minogue and Jessica Sanchez;
women’s tennis superstar Serena Williams; NY Knicks star Amare Stoudemire and his wife Alexis Stoudemire; and Jay Z’s recent sports signees Robinson Cano and Victor Cruz, among other celebrity elite.
Nine owners of 7-Eleven stores in Long Island were arrested in a human smuggling scheme that exploited and abused illegal immigrants. The feds also plan to raid an additional 40 7-Eleven stores in NY and Virginia, The NY Times reports.
9 people — 8 men and 1 woman — were taken into custody in NY, and charged with wire fraud, identity theft and other charges. Among the arrested were alleged ring leader Farrukh Baig, left, and his wife, Bushra Baig.