BACKPACK + FRESH FITTED + NICE KICKS = THUMBS UP

THE RACHEL ROY LINE HAS JUST BEEN PICKED UP BY THE JONES APPAREL GROUP FOR A COOL 4 BILLION DOLLAR DEAL... WOW ! WOW ! ... WHO SAID MR. DASH WASN'T ON HIS GRIZZLY ANYMORE? YOU MUST HAVE FORGOT " LIFE IS THE DASH !" .. LOL

"Under the terms of the agreement, Jones owns 50% of the joint venture interest. The rest of the interest is owned by the two founders, Rachel Roy and Damon Dash, as well as TSM Capital who acquired a minority stake in the business last November."


FOR MORE INFO CHECK OUT ARTICLE ON FORBES.COM

OH YEAH SHOUTS OUT TO BLOCKSAVVY.COM ALSO