Anyone who's been alive for the past decade saw this one coming…Rocawear, the clothing company Jay-Z co-founded with producer Damon Dash in 1999, is having some rough times. The brand has laid-off half its staff. To be honest, I can't even believe the brand still exists. What's more, no one cares – not even Jay-Z. From the New York Post:
"Jay-Z, formerly a ‘big presence’ in the office, rarely shows up anymore, an insider told The Post. ‘It’s kind of like he’s given up on the brand,’ the source added. While Jay-Z retained an interest in Rocawear as part of the deal, his contractual obligations to the brand have expired and the rapper has since refused to promote it amid steady, double-digit sales drops, sources said."