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Rachel Roy & Damon Dash Sign $4 Billion Deal

Damon Dash & Rachel Roy

Who can do the math on how many days of popping tags equates to that many zeros? According to Forbes, the Jones Apparel Group scooped up a venture to market & license the Rachel Roy fashion brand:

Under the terms of the agreement, Jones owns 50% of the joint venture interest. The remaining interest is owned by the two founders, Rachel Roy and Damon Dash, as well as TSM Capital which acquired a minority stake in the business last November.

Jones said it will assume operations of the existing designer collection business under license with the new joint venture.

This is a good look for Dame.

eskay’s edit:
The joint venture is allegedly worth $4 billion. Obviously, nobody is pocketing anywhere near that amount.


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51 Responses to “Rachel Roy & Damon Dash Sign $4 Billion Deal”

  1. nation Says:

    Let he who is without sin cast the first stone
    After you who’s last, it’s Doom, he’s the worst known

    ^ wow

  2. cOLD Says:

    finally some good press for Dame.

  3. SNORT_snortCRAZY88SINCE88 Says:

    GATTTTTTTTTTTTT!

  4. embark Says:

    *confused*

  5. RIGZ Says:

    Wheres all the Dame haters at?

    I told dudes not to count out my boy

  6. Brad Cessley Says:

    embark Says:

    June 17th, 2008 at 11:42 am
    *confused*
    ^^
    co-sign

  7. cOLD Says:

    what in sam hell matrix fuckery a gwan

  8. Mark Twain Fame Says:

    aight we good now…sheesh. damn nation, spin us in circles eh?

    yeah Rigz… the Quas albums are dope

    *daps* to Secondbest on that myron…

    feel like i’m in a sci-fi futursitc movie…

    Shades of Blue > Quas albums > Mavilliany > JayLib > rest

    and ha at 1 girl 3 cups, nice. you SB21 you gettin any looks for your beats?

  9. RIGZ Says:

    SecondBest

    I want some beats

    Holla

    Riggaman7@hotmail.co.uk

  10. Sickamore Says:

    I don’t understand where the $4 Billion comes in

  11. lo k Says:

    Late-pass: That David Banner & RZA track is catchy…

  12. cOLD Says:

    cooooold– its the pheromones

    ^my home girl green, I guess, or it could be im a nasty heathen and I just want to sample her embryonic fluids.

  13. eskay Says:

    Dame still loses.

  14. nation Says:

    this post was dedicated to RIGZ & El Feces Loco

    *burns Def Jam LiveNation payloa checks*

    *makes it rain with blog checks* (c) Furious

  15. Brad Cessley Says:

    Yeah that article on Forbes says nothing about $4 bill

  16. Mark Twain Fame Says:

    utt toh eskay better get up on this…have him a Nah Right Mixtape, I know the 2 Dope boyz are doin they mixtape thing.

  17. Joe 88 Says:

    I don’t understand where the $4 Billion comes in

    ^me neither

  18. embark Says:

    # eskay Says:
    June 17th, 2008 at 11:48 am

    Dame still loses.
    ^^

    I ran into the dude about 2 months ago downtown and tried to G my way into a job.. I didnt hear shit…
    *looks at 4M dollar deal*
    I lost

  19. landLORD Says:

    … Hair So Real ??? …

    … WTF ? …

    … eskay is not only a client, he’s the president …

  20. Jud Buechler Says:

    I bet el feces is jumping for joy right now in his Dame undies and PJ’s

  21. SNORT_snortCRAZY88SINCE88 Says:

    Brad Cessley Says:

    June 17th, 2008 at 11:49 am
    Yeah that article on Forbes says nothing about $4 bill

    ^^^
    co’sign.

  22. RIGZ Says:

    I think it should probably say “INVOLVED in deal”

    I’d be real shocked if Dame’s a billionaire

    Maybe that should say $4 Million

  23. nation Says:

    they’re not pocketing 4 Billion people

  24. Mark Twain Fame Says:

    I think the roots need to get off DJ and get on a nice Independent…that will understand and dig what they are about. I guess.

  25. RIGZ Says:

    # Mark Twain Fame Says:
    June 17th, 2008 at 11:53 am

    I think the roots need to get off DJ and get on a nice Independent…that will understand and dig what they are about. I guess.

    ^^^^

    Wont make a difference

  26. Jud Buechler Says:

    Yo….I read the article there is NOTHING about a 4 billion deal anywhere in that article

  27. yaboy Says:

    most confusing post of the year…

  28. landLORD Says:

    nation Says:

    June 17th, 2008 at 11:53 am
    they’re not pocketing 4 Billion people

    —————-

    … c’mon … who can even fit 4 billion people in their pockets ?? …

  29. Mark Twain Fame Says:

    Sir Luscious Left Foot: The Son of Chico Dusty

    great album title. sounds like some underground/indie rapper’s album title.
    more mainstream rappers need to make up weird random album titles.

  30. lo k Says:

    LF: do any of y’all know anything about Prometer tires???

  31. Brad Cessley Says:

    Im not feeling new Roots music anyways…

  32. lo k Says:

    *crawls out from under rock*

    *googles Rachel Roy*

  33. Mark Twain Fame Says:

    RIGZ Says:

    June 17th, 2008 at 11:54 am
    # Mark Twain Fame Says:
    June 17th, 2008 at 11:53 am

    I think the roots need to get off DJ and get on a nice Independent…that will understand and dig what they are about. I guess.

    ^^^^

    Wont make a difference

    ^^^

    yeah…well I guess they need to chill and be happy with the fans and legacy they got right now then…casue they still da besssssss.

  34. SNORT_snortCRAZY88SINCE88 Says:

    nation Says:

    June 17th, 2008 at 11:53 am
    they’re not pocketing 4 Billion people

    ^^^
    then were are the details to even total a 4B deal? …i just read a 50/50 joint venture…

  35. nation Says:

    the deal they signed is worth 4 Billion… this Jones company will be doing the marketing and licensing for the Rachel Roy clothing brand, and will take 50% from the Rachel Roy clothing brand, which belongs to Rachel, Dame and the TSM that bought a piece of the brand

    *sends everyone to DuePayer.com*

  36. The Truth... Says:

    >>nation Says:

    they’re not pocketing 4 Billion people
    _____________

    For real….tell’em nation

  37. Dem Says:

    CAKEAHOL GETS ME DRUNK!

  38. RIGZ Says:

    yeah…well I guess they need to chill and be happy with the fans and legacy they got right now then…casue they still da besssssss.

    ^^^^^^^^

    ALOT of people need to do that

    Everyone isnt meant to go 100x Platnium

  39. Nanyanen Says:

    @ green

    i went to HS in Ft.Ladidadi at Plantation.
    All my siblings went to Killian.

  40. Mark Twain Fame Says:

    you digging that rising down Brad?

    man I’m still diggin it now…

    I like all they music…no b.s. no critical breakdowns…jsut a fan, not a critic.

  41. green eyes Says:

    # landLORD Says:
    June 17th, 2008 at 11:55 am

    nation Says:

    June 17th, 2008 at 11:53 am
    they’re not pocketing 4 Billion people

    —————-

    … c’mon … who can even fit 4 billion people in their pockets ?? …

    ^ lmao i was thisclose to making a similar joke

  42. Jud Buechler Says:

    In all reality its Rachel Roy receiving the Deal…..Her fashion company is flourishing…..Dame Dash is just a helping hand and a Co-signer….Plus the Jones group owns 50 percent of the venture and the other 50 cent are split between Roy, dame and Tsm…

    So I guess when Jay said “make another Hov”….Dame just might…

    Rachel Roy is Dame’s new Hov

  43. Mark Twain Fame Says:

    RIGZ Says:

    June 17th, 2008 at 11:58 am
    yeah…well I guess they need to chill and be happy with the fans and legacy they got right now then…casue they still da besssssss.

    ^^^^^^^^

    ALOT of people need to do that

    Everyone isnt meant to go 100x Platnium

    ^^^

    yeah…they need to have that mindset like a Madlib, or Stoens Throw artits, or Atmosphere. they jsut cater and reach the fans they already have, and if theres some n ew fans then welcome but they aitn tryin to be on MTV all day and shit. just keep making music.

  44. SecondBest21 Says:

    i’ve been working with this female r&b chick lately, so i’ve been working on those type tracks. YOOOOOOOO! i forgot i was to meet up with my girl at 12 for lunch. LOL damn. i’ll be back in an hour to finish this up…

  45. Rockabye Says:

    Sir Luscious Left Foot: The Son of Chico Dusty

    great album title. sounds like some underground/indie rapper’s album title.
    more mainstream rappers need to make up weird random album titles.
    ^^^
    He’s been calling himself Luscious since at least Speakerboxxx…but I really like the full title.

  46. yaboy Says:

    lo k Says:
    June 17th, 2008 at 11:57 am

    *crawls out from under rock*

    *googles Rachel Roy*

    ^

    tell me what you get..

  47. Mark Twain Fame Says:

    damn i keep listenin to that Myron beat…dude is nice on the boards.

    Rigz you better spit some dope ish over some of dukes beats ha.

  48. Brad Cessley Says:

    yaboy Says:

    June 17th, 2008 at 12:01 pm
    lo k Says:
    June 17th, 2008 at 11:57 am

    *crawls out from under rock*

    *googles Rachel Roy*

    ^

    tell me what you get..
    ^^
    LMAO … I thought he mistyped Rachel Ray and was like wtf, that is random

  49. Brad Cessley Says:

    @MTF, the only jawn on the new cd I liked was the one rising down track itself… but I got roots radio on my pandora and they stay playin track from Illadelph Halflife, Do you want more, phrenology, etc. so it’s all good..

  50. lo k Says:

    yaboy sed:
    tell me what you get..

    ^^^I got wikipedia telling me that I lost…

  51. Napps126 Says:

    but i bet dame will have a couple 100 millions in his bank roll

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