Diddy originally started his Sean John clothing line, back in 1998, and it was a massive success, for most of the 2000s. GBG USA Inc. currently owns 90% of Sean John now though, and is dealing with bankruptcy.
According to TMZ, Diddy is trying to step in, and save his iconic clothing line. Court documents state that Diddy and his company are bidding $3.3 million, in an effort to get Sean John’s assets out of bankruptcy. Sean John is also said to have been looking for a buyer, since May.
It appears that Diddy may be on his way back to running Sean John again, but other bidders have until December 15, to submit in their offers. If Diddy is successful in doing so though, he reportedly wants to get Sean John even stronger, like it was before.
Diddy has also been making headlines since the summer, due to dating City Girls rapper, Yung Miami, he’s been spotted with her in nightclubs, as well as the beach. Diddy was even seeing Joie Chavis for a bit, who is the baby mama of Future and Bow Wow.
