Eve Gets Tatted Up By Swizz Beatz+Rihanna Music News+Baby Phat Is Bankrupt?
Jul 14 | by Natasha
Eve got tatted up by her former Ruff Ryder crew mate Swizz Beatz. And of course they took pics of it:
A 3D spider? So paw prints and a spider. Interesting.. And I hope he's got a license...didn't he see what happened to Rihanna? More ish when you read the rest... Speaking of Rih Rih:
She is changing up her musical style. Rihanna says she's going Rock and Roll on us on her new album. Surprise surprise. According to Rihanna Daily: The album will be full of musical styles and will mark a change for Rihanna and her fans, who will not be disappointed with the result," the website said. "At the moment nobody has recorded, with the exception of those with the singer Chris Brown, which were canceled and will not appear on the album." She may actually pull that particular sound off...
Baby Phat, Phat Fashions, etc. are in a financial mess as their parent company, Kellwood Co., is being forced to file bankruptcy. According to the Wall Street Journal:
Kellwood Co., one of the largest apparel manufacturers in the U.S., could be forced to file for bankruptcy soon, after it failed to reach an agreement with its bondholders. The St. Louis-based company, which employs roughly 2,000 people and owns such popular clothing brands as Phat Farm, Sag Harbor and Vince, was taken private in February 2008 by buyout firm Sun Capital Partners for $542 million. The twin effects of a heavy debt load and a sharp drop in consumer spending have crushed the company's financial results. Kellwood has a $140 million bond issue ...
Russell Simmons sold Phat Farm and Baby Phat to Kellwood in 2004 for $142 million in cash plus performance incentives. Kimora Lee Simmons remained the HBIC at Baby Phat and now this bankruptcy is about to shake her ish up. Looks like Baby Phat is about to be no longer. Honestly, it was about that time anyway....
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