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$525 million
- Sean John’s annual revenues now exceed $525 million, according to Macy’s.
fortune.com › 2024/03/27 › diddys-1-billion-fortune-net-worth-lawsuits
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Dec 22, 2021 · Launched in 1998, Sean John had annual sales of approximately $450 million when Diddy first sold a majority stake to Global Brands in 2016. According to unconfirmed reports, Diddy sold 80 percent of Sean John for an estimated $70 million, Forbes reported. Diddy himself has not confirmed the actual terms of the deal.
Mar 27, 2024 · Sean John’s annual revenues now exceed $525 million, according to Macy’s. In 2004, Sean John invested in high-end label Zac Posen, and in 2008 acquired streetwear brand Enyce from Liz ...
- Sydney Lake
- sydney.lake@fortune.com
Mar 26, 2024 · How much does Sean Combs make a year? Combs' annual income has been estimated at a whopping $100 million annually from all of his revenue streams.
Dec 21, 2021 · The Combs-backed SLC Fashion LLC was behind the winning $7.551 million cash bid to purchase “Sean John” Monday, according to court filings viewed by Forbes.
- Derek Saul
Dec 21, 2021 · The mogul has now bought Sean John, the fashion brand he founded over 20 years ago, out of bankruptcy with a $7.55 million bidding victory on Monday, per Women’s Wear Daily.
- Brenton Blanchet
Mar 26, 2024 · In 1998 he founded his Sean John clothing line but sold a 90% stake in the company to Global Brands Group in 2016. However, in 2021, Combs bought it back for $7.5 million.
Mar 20, 2018 · Sean John is now a globally recognized brand, a winner of fashion's highest award, a mainstay in every Macy's in America, and a $525 million-in-annual-sales behemoth.