Sean Combs buys up Enyce for $20 million
What flagging economy? Sean Combs just threw down $20 million to buy Enyce from Liz Claiborne Inc., Women's Wear Daily reports. That's a lot of baggy jeans.
Terms of the deal weren't disclosed, but it was confirmed Diddy's company Sean John closed the deal. That sum is quite a bit less than the $114 million Claiborne paid Sports Brand International for it in 2003.
All this leads us to wonder just what Puffy's thinking. Just a couple months ago he couldn't afford gas for his (rented) jet, but now he can cough up $20 mil for a fading fashion company that nobody wears anymore? It's a rough life.
[Photo: Getty Images]
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Hey! it's me again came across to your site yo drop some comments again.. This post very interesting that's why I really want to post some comments. I'm also glad to Diddy's decision to buy Enyce worth of $20 million. hope it will worth fine. keep it up!
-sidney-
Posted by: enyce | June 19, 2009 at 05:02 AM
This is my first visit to your website and looking on,Sean Combs buys up Enyce for $20 million. I'm impressed!.I like your content! keep it up!
-sidney-
Posted by: enyce | May 07, 2009 at 04:11 AM
i enjoyed browsing your post! very interesting,it seem that diddy really like the enyce brands! just keep doing!
-sidney-
Posted by: enyce | February 16, 2009 at 09:56 PM
nice site! good luck to diddy! and also congrats!
i enjoyed reading your post! keep it up!
-sidney-
Posted by: Enyce | February 05, 2009 at 02:03 AM
Maybe the Federal Gov. could step in and bail out poor Mr. Combs...
Posted by: Mary | October 22, 2008 at 11:11 AM