Our good friends at The Young Black and Fabulous had this to report:
After 14 years Kimora Lee Simmons is saying farewell to her multi-million fashion empire. She has released a press statement saying:
“After 14 years of conceiving and nurturing Baby Phat, it’s time for me to move on and further expand my other businesses and create a new phenomenon. I adore all those who have faithfully been with me since the beginning. I’m forever dedicated to my family, fans and customers. My inspiration has always come from the fabulous women who have been with me through the years as we’ve grown from young party girls to power players! We’re ready for our next journey together and we’re taking a whole new generation of incredible young women with us. Girl power unite!”
Wow. I never saw that coming. Besides Baby Phat, Kimora‘s empire includes KLS collection, Kouture by Kimora and Fabulosity, among other business ventures. Maybe now she can focus more on her new marriage with Djimon Hounsou and add a few more kiddies to her growing family.
