Simmons Steps Down From Phat Fashions

Hip-hop mogul RUSSELL SIMMONS has resigned his post as CEO of Phat Fashions. Simmons founded the company in 1992 when he launched his Phat Farm fashion line. Despite selling Phat Fashion to Kellwood for $140 million (GBP70 million) in 2004, Simmons remained as CEO. Simmons says, "I have enjoyed my association with Kellwood over the last three years. We have accomplished much during this short period of time - and I leave the division and the brand in great hands. There are so many things I want to achieve, and this is the appropriate moment for me to move on to my next business venture."


Contactmusic

Tags: Russell Simmons

Advertisement

More Russell Simmons

Lee Pace Makes His Arrival At 'Guardians Of The Galaxy' New York Premiere - Part 1

Celebrities from all corners of the showbiz world were seen arriving at the star-studded event that was the 'Guardians Of The Galaxy' New York premiere....

Cameron Diaz, Kate Upton And Leslie Mann Turned Heads At 'The Other Woman' NY Screening

Cameron Diaz, Kate Upton and Leslie Mann were strikingly dressed as they arrived outside the New York screening for their girl power comedy 'The Other...

Melissa George knew Jean-David Blanc was dad material

Melissa George knew she wanted to have a baby with Jean-David Blanc as soon as she met him.The Australian actress is pregnant with her first...

Harriet Tubman "Sex Tape" Deleted By Russell Simmons After Outrage

Russell Simmons has ruffled some serious feathers after he posted a Harriet Tubman "sex tape" spoof on his YouTube channel. The hip hop record mogul...

Advertisement

Jay Z Illuminati Links: Are They True?

Are Jay Z’s Illuminati links true? Life is pretty sweet for the multi-million selling rapper, successful entrepreneur and husband of one of pop’s most successful...

Demi Moore Still Knows How To Party Like It's 19...89?

Demi Moore is saying to all those women who've reached half a century on this earth: go out and have a good time while you...

Lil Reese In Viral Video Abuse Scandal

Lil Reese's reputation has split in two after a viral video sees him brutally abusing a woman; some have blasted him, as beating up humans...

Thanks For The Support: P Diddy Reassures Fans After Car Crash

P Diddy has sent a reassuring message to his fans, following Wednesday’s car crash (October 24, 2012) in Beverly Hills.A spokesperson for...

Advertisement

Comments

Russell Simmons Newsletter

Subscribe to this news alert service to receive news and reviews on Russell Simmons

Unsubscribe | Unsubscribe All