Showing 3 results for:
courtsmith
Popular topics
All results
This athletic apparel line is headed down the fast track to success! According to PR Newswire, Courtsmith — a fast-growing fashion forward sportswear brand — has officially closed a $300,000 equity investment from ICA’s Growth Fund. What makes Courtsmith an emerging leader in the athletic apparel industry is the fact that it is a high-tech sportswear brand and a lifestyle brand too. The company aims to connect both form and function by designing athletic wear that catches the eye of both athletes and casual consumers. Founded by Courtney “Court” Smith, the company first made headlines when it became the official sportswear line for team uniforms and basketball apparel for local youth teams. According to the press release, “ICA’s $300K equity investment is structured as a convertible note and leads Courtsmith’s $575,000 round.” The funds will help expand its marketing efforts, the manufacturing of its clothing and more. Along with the new ICA investment, the brand is set to launch a...
Trick Daddy is in a world of hot water — and this time, it’s with the courts. The rapper and former radio show host — who hit a world of a mess when he got stung by the BeyHive after snarking that its Queen, Beyoncé, couldn’t sing — is in default on his Chapter 13 bankruptcy filing. Court documents obtained by Radar Online reveal that Trick Daddy owes nearly $23,000 to bring his Chapter 13 bankruptcy filing current. He has 45 days to cure the debt, or he will be deemed in default. If he fails to come up with the nearly $23,000 owed to the courts, his bankruptcy will be discharged, and collection efforts can begin anew on his assets. And that’s not all he owes. According to the outlet, he’s delinquent by $300,000 to the IRS. He also owes $60,000 in back child support. What’s more, the “Naan” rapper revealed to the courts that he has more than $800,000 in debts, but less than $400,000 in assets. He’s underwater on his South Florida home — though he owes $435,000 on the home, the...
Pharrell Williams’ Black Ambition is certainly living up to its name. A $100,000 award has reportedly been granted to Spelman alumna Mya Havard and her co-founders Ibrahim Conteh, Nashawn Chery, Faisal Gedi and Simrun Mannan from Williams’ Black Ambition. As AfroTech previously reported, the Black Ambition, and Black Ambition HBCU, created in 2020, partners with Historically Black Colleges and Universities (HBCUs) to provide resources for Black and Latinx current and former HBCU students with startups in tech, design, healthcare, and consumer products or services. The initiative also provides entrepreneurs mentorship opportunities, capital gain, and pitch feedback along with prize money of up to $250,000. “With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs and close the opportunity and wealth gaps derived from limited access to capital and resources,” Williams stated in a press release. The funds will be allocated to support Shea.d, which...