Barney's has canceled the big holiday event that Jay Z hoped would cement his brand in the high end retailing world. The 45-year-old rap mogul had hoped to be center stage at the well-heeled Barney's-sponsored holiday bash to launch his Barney's Collection on Nov. 20.
But according to WWD.com, Barney's canceled the holiday party which was to be held at a private, off-site location.
Barney's NY was forced to scramble their jets to control the damage after the national media caught wind of a racial profiling scandal involving 2 young black consumers who were accused of shoplifting at the New York flagship store.
Maybe Barney's got cold feet after they did some checking into Jay Z's crack dealing past? Or maybe Barney's found out that Jigga's charity foundation isn't very charitable?
Then there's the brewing scandal involving Jay Z's two mothers who run his charity foundation.
The event to kick off “A New York Holiday,” the collaboration between Barneys New York and Shawn “Jay Z” Carter, has been canceled. The party, which Barneys was sponsoring at an off-site location Wednesday night, was expected to be a fund-raiser for the Shawn Carter Foundation.
The cancelation comes amid controversy over Jay Z’s collaboration with Barneys and alleged allegations of racial profiling against the retailer, as well as against Macy’s Inc.
On Friday, both Barneys and Jay Z stressed their commitment to BNY SCC Gallery and Collection, which launches Wednesday, and they plan to donate 100 percent of all sales from the BNY SCC Collection to the Shawn Carter Foundation, which provides educational opportunities to young people facing socioeconomic hardship. Among the participating labels are Lanvin, Balenciaga, Balmain, Proenza Schouler, Rick Owens and Moncler, which all worked with Jay Z on custom creations. Barneys also plans to donate 10 percent of all of Wednesday’s retail sales at its flagships in New York, Beverly Hills, San Francisco, Boston and Chicago, as well as on barneys.com, to the foundation, with a guarantee of raising at least $1 million for the foundation.
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