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Daymond John Details How His Mom Became FUBU's First Investor Through A $100K Loan On Their House

Daymond John’s success is credited to the immeasurable value of having a solid support system. It’s a known tidbit that the “Shark Tank” co-star turned FUBU into an iconic brand thanks to his mother’s belief in him. However, in an interview with Shannon Sharpe, he revealed the extent of just how much she supported his dream. After Sharpe mentioned that John’s mother was his first investor, he shared his journey that led to the special moment. From seeing him work tirelessly on his brand for five years to being denied by 27 banks, she made a big decision to help her son. “I go to my mother and tell her I got turned down from 27 banks and she says, ‘Daymond, you’ve been trying to contribute to this house as long as you were a kid. I wouldn’t do this if you didn’t have the money. Let’s take all of the money we can out of the house. You manufacture and deliver the clothes and put the money back into the house.’ And that’s how she gave me the money,” he told Sharpe. He continued: “My...

Ngozi Nwanji

Apr 18, 2022

Supreme Names Tremaine Emory, The Founder Of Kanye West-Approved Denim Tears, As Its Creative Director

Supreme announced a new creative director to oversee and lead its innovative vision for streetwear fashion in the right direction. The clothing brand has appointed Tremaine Emory — the founder of Denim Tears — for the role, in what Business of Fashion is calling its “first major creative appointment since it was acquired by VF Corp for $2.1 billion in late 2020.” Under his position, Emory will work with Supreme founder James Jebbia and the duo, as well as the design team, to keep streetwear front and center of the brand. “It’s a good move for Supreme,” Supreme collector and Jebbiah’s close friend Ross Wilson told British GQ. “When VF acquired the brand both parties promised the basic infrastructure, core team, and method of working would remain the same, so it’s good to see James sticking to his guns and bringing on board a close friend of the brand who gets it, rather than a corporate hire who doesn’t.” He continued: “Everything James Jebbia does is so carefully considered and this...

Ngozi Nwanji

Feb 17, 2022