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Sean 'Diddy' Combs buys back bankrupt label Sean John for 7.5 million dollars

Music and fashion mogul Sean ‘Diddy’ Combs has regained ownership of Sean John, saving it from bankruptcy. Diddy’s winning bid came as three other companies vied for the rights to the ailing clothing brand. “I launched Sean John in 1998 with the goal of building a premium brand that shattered tradition and introduced Hip Hop to high-fashion on a...