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  1. #1
    \(^.^)/ Jennifer's Avatar
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    Default Russell Simmons Quits Phat Fashions

    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 (70 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".

    The 50 year old is also the co-founder of the pioneering hip-hop label Def Jam Recordings and creator of the multifaceted corporation, Rush Communications.

    Phat Fashions includes men's urban label Phat Farm and the women's brand Baby Phat. - femalefirst

  2. #2
    Rising Bag Star
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    Default Re: Russell Simmons Quits Phat Fashions

    Oh wow! I wonder why he stepped down? I have been hooked on Kimora Lee life in the fablane or whatever its called and they show him a few times going over the business with her.

  3. #3
    Noda Noda's Avatar
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    Default Re: Russell Simmons Quits Phat Fashions

    ^^Me too! I think she's fab! I wonder what will happen to her line?

  4. #4
    ♥'s RM Jess's Avatar
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    Default Re: Russell Simmons Quits Phat Fashions

    Whoa, I didn't know that! ^^I also watch that show on E! I love it

  5. #5
    clover
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    Default Re: Russell Simmons Quits Phat Fashions

    Baby Phat has continued to go on and thrive. HEY, CHECK OUT MY NEW THREAD ON BABY PHAT IN THE GARMENT BAG.

  6. #6
    Moderator/Blogger VivaLaJuicy's Avatar
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    Default Re: Russell Simmons Quits Phat Fashions

    I watch her show too!

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