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The Sean John apparel company is strengthening its executive staff

By: Errol I. Mars

The Sean John apparel company is reportedly close to a deal to hire a veteran of the Calvin Klein and Donna Karan fashion houses to head its foray into women's clothing.

Sean John is in the final stages of negotiations with Susan Sokol, a former executive with Calvin Klein and Donna Karan.

Sean John has annual retail sales in excess of $450 million.

A $100 million investment from California billionaire Ron Burkle is helping to finance the rapid roll-out of Sean John retail boutiques.

Combs signed a deal last month with the Estee Lauder Cos. to produce a men's fragrance.

Sean John has been expanding it fashion business at a rapid pace and plans to launch a womens line next year.

Related News:

 Sean "P. Diddy" Combs help promote Warner Music IPO - 09-05-05 14:42
  Sean "P. Diddy" Combs in seach for executive to run his $450 million Sean John company - 25-04-05 05:46
 Sean "P. Diddy" Combs hires new top gun for womenswear - 14-04-05 14:15
 Sean John is partnering with cosmetic giant Estee Lauder - 22-05-04 10:49
 Sean John forms joint venture - 22-04-04 12:08

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