| Sean 'Diddy' Combs Buys Enyce from Liz Claiborne Inc. |
| By Hip Hop News | |
| 10/22/08 | |
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Sean 'Diddy' Combs Buys Enyce from Liz Claiborne Inc. hip hop music videos & news: NEW YORK, Oct 21, 2008 /PRNewswire via COMTEX/ -- Combs and partner The Yucaipa Companies purchase popular streetwear brand with eye on massive expansion. announce today the purchase of fashion label ENYCE by Sean "Diddy" Combs. Founded in 1996, Enyce is a denim based sportswear brand offering knits, wovens, outerwear, and graphic tees for men and boys, as well as a successful "Big and Tall" and women's line. Liz Claiborne purchased Enyce in 2003. Both companies will work together to ensure a smooth and orderly transition for retail partners, vendors and employees. Founder and CEO of Sean John, Sean "Diddy" Combs said, "Enyce is a brand that I have always admired, and they have been a very important player in the young men's sportswear arena for over a decade. I am really excited to bring it into our portfolio of brands that already includes Sean John and Zac Posen. Given our track record of success in marketing products such as Ciroc Vodka, Unforgivable by Sean John, and all of our television titles, I look forward to adding our expertise to an already hot fashion line. Our long-term plan is to grow the Enyce brand through innovative marketing, expansion of the menswear and boy's lines, and launching into new licensing categories. The current economic climate may be challenging, but we believe it is also an opportunity, and we are really excited to add Enyce to our lineup." Source: www.marketwatch.com
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