Jay Z has been hit with a lawsuit for not promoting his cologne, Gold Jay Z. According to a suit filed by the licensing company, Perfumania Holdings Inc, he refused to make celebrity appearances while collecting $2 million in royalties. “Sales of Gold Jay Z have declined considerably because of Jay Z’s and his teams lack of interest in supporting and promoting his own brand.” He is said to have crippled “the emerging brand…all the while collecting a handsome guaranteed minimum royalty as well as Perfumania common stock.”
Gold Jay Z was the best selling celebrity fragrance a year after its launch in 2014, reports the NY Post. Sales however plummeted last year from a projected $35 million to $6.1 million because the rapper was too busy with other projects to focus on the fragrance, the suit says.
Jay Z refused to appear on Good Morning America, turned down a cover story for Women’s Wear Daily and an event at Macy’s to promote the men’s scent, according to court papers. He hasn’t made a single appearance to support Gold Jay Z and was unavailable for meetings about spinoff scents for five months in 2014.
Perfumania wants the royalties back plus another $16 million in damages.
Beyonce Knowles and husband Jay Z attended the boxing match between Miguel Cotto and Canelo Alverez on Saturday in Las Vegas. The Flawless singer showed of her figure in a black dress with a plunging neckline by designer Michael Costello. Jay wore a tuxedo for the occasion. Jay’s Roc Nation Sports manages Cotto who lost the match after 12 rounds. TMZ reports that he lost a $100,000 be to Oscar de la Hoya, who manages Canelo. Oscar will donate the money to a charity of his choice. Read more
Diddy took the top spot on the annual Forbes Cash Kings 2015 List. Diddy earned $60 million over the past year thanks to his TV network Revolt, Sean John clothing line, alkaline water brand Aquahydrate and Ciroc vodka. The majority of his earnings came from Ciroc.
Jay Z landed at No. 2 with Read more
Beyonce and Jay Z recently jetted off to Italy to attend the wedding of their good friends billionaire financial consultant Noam Gottesman and Bianca Duenas. They brought along their daughter Blue Ivy Carter and made a family vacation of the trip. The singer posted some cute family photos from the trip. Catch them below: Read more
Tina Knowles married Richard Lawson a couple weeks ago and now we are getting a look at the wedding and reception. The all-white ceremony was attended by Tina and Richard’s family and friends including: Beyonce, Jay Z with their daughter Blue Ivy, Solange her husband Alan Ferguson with her son Juelz, Richard’s daughter Bianca Lawson, Angie Beyince, Kelly Rowland and husband Tim Witherspoon along with their baby Titan. Friends Glynn Turman, Susan Taylor, Obba Babatunde and more. Read more
Rihanna celebrated her 27th birthday on Friday and her friends threw her a surprise party. Her celeb guests included Jay Z, Beyonce, Queen Latifah, Tyrese, Vin Diesel , Paris and Nicky Hilton.
The singer marked the day with a post expressing her gratitude for her life.
27 years ago, my mother gave birth to Read more