FUBU: Daymond John

How I Built This · 9 Apr 2018 · 51m

What this episode covers

Daymond John, founder of FUBU, explains how he started the hip-hop apparel brand by sewing labels onto Champion shirts and selling hats from the trunk of his car in Hollis, Queens. After facing 27 bank rejections for a $300,000 order, he secured a manufacturing and distribution deal with Samsung’s textile division by placing a classified ad, which allowed FUBU to scale to $350 million in sales. John details his transition from a street vendor to a major brand, leveraging strategic partnerships and licensing deals with companies like George Ash to expand into women's clothing and accessories.

Mentioned

Companies
Samsung, Red Lobster
Products
FUBU, Champion, Shark Tank, Video Music Box
Also
Magic Trade Show

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