EW's Special Coverage

Style & Design

Report: Jay-Z's Barneys collection rakes in $1 million

Jay-z.jpg

Image Credit: Paul Zimmerman/WireImage

Despite the controversy surrounding the release of Jay-Z’s holiday collection for Barneys New York, the rap mogul’s line of clothes and accessories for the upscale retailer raked in a lot of money.

The New York Daily News quotes a source close to Barneys, who claimed that while the numbers were still being tallied, “profits had exceeded the million-dollar mark.”

The launch of the “A New York Holiday” collection was overshadowed by accusations of discrimination when two black shoppers said they were racially profiled after making expensive purchases at the luxury department store. Though his fans criticized him for refusing to pull out of his fashion partnership with Barneys, Jay-Z defended his decision to go ahead with the line as planned.   

“The negligent, erroneous reports and attacks on my character, intentions and the spirit of this collaboration have forced me into a statement I didn’t want to make without the full facts,” he wrote on his lifestyle site, Life + Times. “I have been working with my team ever since the situation was brought to my attention to get to the bottom of these incidents and at the same time find a solution that doesn’t harm all those that stand to benefit from this collaboration.”

Though it was originally announced that 25 percent of sales of the collection would go to the Sean Carter Foundation — which helps kids from low income families pay for college — in the wake of the scandal the rapper and the retailer amended the figure, pledging 100 percent of the profits. Barneys also promised to chip in 10 percent of all retail sales on the day the collection launched, with a guaranteed donation of at least $1 million.


Latest Videos

Advertisement

From Our Partners

TV Recaps

Powered by WordPress.com VIP
Follow

Get every new post delivered to your Inbox.

Join 338 other followers