Damon Dash & Rachel Roy Sign $4 Billion Dollar Joint Venture Deal

13 years ago view-show 4,740,912

Jones Apparel Group, Inc. has formed a $4 billion dollar joint venture with Damon Dash, Rachel Roy and TSM Capital LLC to develop, market and license the New York-based fashion brand, Rachel Roy.

Founded in 2004, by existing shareholders Rachel Roy and Damon Dash, the Rachel Roy collection embodies effortless glamour, and is sophisticated with a modern edge.  Rachel Roy launched her label in spring of 2005. With striking silhouettes, a refined color palette and inventive pairings that transition from day to evening, Rachel Roy embodies everything for women who embrace fashion and dress with confidence and sophistication.  The line is currently available in the premier luxury department and select specialty stores, including Bergdorf Goodman, Neiman Marcus, Nordstrom and Saks, and internationally in countries such as the United Kingdom, Hong Kong, the United Arab Emirates, Kuwait, South Korea, Canada, Turkey and Indonesia. 

 

Partner, Damon Dash, said, "Both Rachel and her clothing appeal to many audiences around the world, making her a widely renowned design talent.  Through this partnership, we will be able to explore new opportunities for Rachel Roy, the brand."

 


Comments

  1. Dame bout the only nigga BEAST ENOUGH to some multi- BILLION dollar shit with a international broad NOBODY EVER HEARD OF… So this dude ‘is’ worth more money than Diddy huh?

  2. The man is just clearly an ambitious Cash Cow the man is King Midas he touches it, and it turns into worth Dame is a posterchild for how to stay successful after trials and tribulations…Respect Dame Business work ethic..

  3. Man, use common sense. There has never been clothing brand worth 4 billion dollars. Multi billion dollar deals have not been made historically like that and Im sure that no one is follish enough to make a 4 billion dollar deal with The CEO of Pro Keds, Dash films and the Damon Dash music group. Three failing ventures I might add. This news story will be retracted in a few days. SHIT, DONALD TRUMP HAS NEVER MADE A 4 BILLION DOLLAR DEAL. aND oPRAH HAS BEEN WORKING ON A BILLIE FOR OVER 20 YEARS NOW. SO I AM SURE THAT THERE IS NOBODY STUPID ENOUGH ON THIS PLANET TO GIVE DAMON DASH, THE UNSTABLE, ACT BEFORE HE THINKS MOGUL A 4 BILLION DOLLAR DEAL.

  4. Amen King Troy, when the fuck was the last time you heard of a 4 Billion dollar deal? fuckin roca wear didnt even go for that much and its very very popular…Sean John isnt even a billion dollar company and they’re doin very well..bullllshit!

  5. Yo that gotta be a Typo ….. lol I am in marketing and if you make a deal for 4 billion dollars you are planning to make at least 400 billion dollars. and Me personally i have never heard of this chick.

  6. Rachel is his wife and it is quit possible in the fashion world if its a global contract some money is for stateside but to the marketing dude you should know better if its global than so be it. but give the man credit for making a buzz show respect and time will tell..

  7. Yeah Deezy Baby, whatever your name is…He has alot more cake than me, but stating facts aint hating. Dame can tell whatever fairytale story he wants, because he is the one telling it. But like my fat ass said before BITCH, AINT NOBODY GIVEN FOUR BILLION TO SOMEONE WHO AS OF LATE BEEN TAKING MORE LOSSES THAN JA RULE. IF YOU BELIEVE THEN I AM MORE THAT POSITIVE THAT EVEN IF DAME HAS MORE LOOT THAN ME THAT I WILL ALWAYS HAVE MORE LOOT THAN YOUR GOOFY, NAIVE ASS!

  8. Google it, Rachel Roy: her clothes are ugly, but her ass is fine!. I say we love dame for the simple fact that he got married to a filthy rich and talented chick whom {again} most of us never heard or cared about… I look at it like this.. If the woman worth more money than Beyonce, Dame remains a f*kkin genious!…..///P.S. fuck lil’ wayne.

  9. Rachel is his wife and it is quit possible in the fashion world if its a global contract some money is for stateside but to the marketing dude you should know better if its global than so be it. but give the man credit for making a buzz show respect and time will tell..

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