Wednesday, August 27, 2008

Dame Dash loses ProKeds

I hate ever having to report anything negative about my entertainment daddy, Dame Dash but he's financial turmoil has hit the news once again, and it dosen't seem to be getting better.

"Stride Rite Corp. has reacquired the rights to the Pro-Keds brand from financially struggling hip-hop mogul Damon Dash. The change for the iconic, 60-year-old shoe comes a week after Dash, who once boasted that he never wears the same socks twice, reportedly may lose two of his properties to foreclosure. Lexington-based Stride Rite insisted Dash’s financial woes had nothing to do with the rebranding. “It was just a matter of timing,” Stride Rite spokeswoman Debra Fernandes said yesterday. “We just wanted a new direction.”

No comments: