Damon Dash & Rachel Roy
Written by Benjamin Chesna
The economy is hitting everyone’s pockets hard, especially former Hip Hop mogul and Roc-A-Fella Records co-founder, Dame Dash.
With recent news that his wife of four years, Rachel Roy, was filling for divorce over “non-monetary relief”, Dash’s financial situation is looking bleak. Dash and Roy hooked up to start Roy’s own clothing line after they met while Roy was interning at Rocawear. But Dame recently told Billboard Magazine that with all the competition in the fashion industry he could not keep afloat and was forced to drop his investments.
“The reason I sold half of [Rachel Roy] was because it was costing a lot to build as a brand and I wanted to get with some partners who could take some of that pressure off me. Fashion is so hard and the retail game right now is in such a bad place.” Read the rest of this entry »
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