Diddy Reclaims Ownership of Sean Jean

Diddy has reclaimed ownership of his renowned Sean Jean brand for $7.551 million USD, reports WWD.Diddy launched his eponymous streetwear label in 1998, which remained a household name in hip-hop fashion. However, the rapper and record executive sold the majority interest in Sean Jean to Global Brands Group (GBG) in 2016, with Diddy retaining a 10 percent stake. However, the relationship between the two entities soured over the years with Diddy filing lawsuits against GBG citing trademark infrin...