i haven't read the articles, so i don't know what all he has taken on, but if he's also leasing out/licensing the mfg facilities to other brands, it's not bad to own it at all. pretty much every mom and pop/independent brand leases mfg facilities from bigger brands or mfg corps. if he does it wisely, breh is actually diversifying his investments and breaking into a part of the business that has no representation from us
Its depends on who you talking about. Nike for example gets their products from China sweat shops where they pay the workers pennies. Thats going to be the cheapest way to bring a product to market 9 times out of 10. Most smaller independent brands get their stuff from them as well.
The higher end houses get their stuff from smaller shops in places like Italy or France where you have to pay the workers alot more and have to discard alot more product for quality standards. There's not a crazy amount of money to be made unless you are making/moving hella product, even with the ridiculous markup that those big names charge.
I don't see a rapper being able to compete with China's lack of labor laws and I don't think's there's any money in building a higher end shop.
I wouldn't get in that business at all but that's just me. We need more black people in VC and overall banking and financing. Insurance. That's where there's money to be made and it would better empower the community.
The biggest obstacle black people face is that initial loan to get on their feet, not manufacturing.
