Jay-Z continues to make waves in the fashion industry, as the mogul announced that he has acquired the Artful Dodger clothing brand. The mogul has formed a new company Scion LLC, a joint venture with Iconix and acquired the Art Dodger clothing brand for $15 million dollars in cash today (November 8). Artful Dodger is a high end apparel brand sold in boutiques and specialty stores in the United States and the United Kingdom. Artful Dodger’s founder Scott Langston will stay on as a creative designer. “Artful Dodger is an incredible brand with a lot of room for growth – Scott Langton is a visionary designer,” Jay-Z said. “They represent what’s next and new in fashion and we are glad to have both the brand and Scott as a part of our family. Artful Dodger represents the first of many acquisitions that will begin to shape our joint venture with Iconix.”

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Posted by: Jonthecorner on November 8, 2007 @ 1:55 PM
Posted in: News
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