Dame Dash claims Tommy Hilfiger once wanted to buy Rocawear for almost half a billion dollars.
“We were about to sell to Tommy Hilfiger for like $450 million. had got jumped in Paris during fashion week, and I got the film I can show it to you and Tommy’s in my ear like ‘yo, I wanna buy the company…,’ I’m like ‘yo I got a concussion man it’s loud. Let’s talk later.’ But they did make the offer,” said Dame. “So I woulda walked away with like $40 million, and when you put a company to get bought there’s due diligence that comes with it. So due diligence is lawyers that cost like a million dollars just to look through everything.”
Dame said Jay-Z ruined the deal.
He continues, “We go through all of that sh-t. Right before we close, your man makes an announcement that he’s launching another brand. So it devalued the brand and they left, because they were like if Jay’s not a part of it we don’t want it.'”