Nike’s New Competition

Two weeks ago, in my last article, Beyoncé’s new clothing line Ivy Park hit the stores. Many people are battling between whether they like it or not.

One of the top selling pieces of Ivy Parks is the bodysuit. It was sold out and only available online in sizes extra-small to medium, according to Time.com. Beyoncé kept prices range from $15 to $235; EBay is trying to sell the clothing for two times the rate.

(The items on the right are from eBay and the items on the left are from Nordstrom)

Though Beyoncé isn’t getting as much light about her new apparel like her new album just out, some people love it. Just like anything else there are a few things people would like to see different, like bigger sizes.

Beyoncé’s clothing is suppose to be for the gym but many people don’t seem to think they are outfits they would take to the gym, or people don’t go to the gym in them.

Katie Sacco, a friend of mine, loves the new line. Only two pieces of clothing that she saw were a little too pricey but everything else was lounge and gym material. She even prefers it over Nike.

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Look out Nike you got competition.

Beyoncé Dropping Something Different

Queen Bey, also known as Beyoncé, does it again by making her own clothing line called, Ivy Park. Ivy Park was presented April 1 with her first clothing line that will be an active wear collection.

If you didn’t notice Ivy seems pretty familiar with Beyoncé from her baby girl, Blue Ivy and now her clothing line Ivy Park. She talks about how she came up with the name of her brand. She came up with the name by having her daughter a part of it and her favorite place where she knew she could escape to.

“We can all go there; we’re all welcomed. It’s anywhere we create for ourselves,” said Beyoncé in Elle magazine. “For me, it’s the place that my drive comes from. I think we all have that place we go to when we need to fight through something, set our goals and accomplish them.”Screen Shot 2016-04-14 at 3.06.53 PM

The mission for Beyoncé was to make women feel powerful in her clothing and to show women that we need to focus on our mental health. We need to become more confident and that is what she is trying to show as she models her clothing.

Places like Topshop, Nordstrom, and Net-a-Porter will have Beyoncé’s collection this
week with reasonable prices ranging from $25 to $235.

Her clothes hit stores today.

Some of her workout clothing are leotards, now I won’t be wearing that to the gym but the sweat shirts and hats I may consider.

Tell me what you think of her new clothing line.

5 Investments That Helped Kanye Go Into Debt

From my previous post, I decided to look into what else could be causing Kanye to go into debt. Here are the top 5 investments that could have been done at a lower cost:

  1. Kim’s Engagement Ring – Kanye popped the question back in Oct. 2013. According to E! News, celebrity jewelry designer, Michael O’Connor and Lorraine Schwartz estimate the ring cost around $2 to $3 million.

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2. Kim’s Surprise Birthday Party – Kanye threw Kim a surprise party renting out a movie theater, Cinépolis Luxury Cinemas to see Steve Jobs. It was a pregnant birthday party where many people pretended to also be pregnant. The theater is known as the best luxury cinemas in California. This party was estimated to be than $5,000.

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Being a celebrity you can spend whatever you want, but you can always bring it down a notch and save money. Ever think of that Kanye?

This next investment shocked me.

3. Kanye’s Hair Cuts – Kanye is very particular about his hair, maybe a little too particular. Kanye gets it cut every day but it doesn’t come at a low cost like what most people would pay for. Rhianna’s father, Ronald Fenty, was on tour with Kanye back in 2010 says in an interview that Kanye spends $500 every day to get his haircut. If he does that every day he is spending around $182,500 a year on just hair cuts! What is there to cut after a day?

4. Yeezy Clothing Line – From my last post you can see that Yeezy clothing line is not going too well. As it is seen and known to look like a homeless person’s clothing line and yet Kanye still keeps investing. The clothing line has put him $16 million in debt since last year.

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5. Fashion Show – Just a few weeks ago Kanye held a fashion show in Madison Square Garden for his clothing line. It is reported that Kanye spent close to $2 million.

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How about changing your habits Kanye? Clearly, you need to stop spending money like it’s nothing.

 

Homeless or Yeezy – Can’t Tell

Kanye’s debt began to escalate when he started his clothing line, Yeezy. It hasn’t done well in the apparel market and many consumers believe it’s the worst clothing line ever. Not to mention the fact that it is extremely overpriced. Some of his clothing prices reach upwards of $1,500. That’s outrageous! Whatever cost that much, better put me on the Red Carpet or make me famous just wearing the clothing itself.

His clothing line has been in the developmental process for over 15 years and now has put him into a multi-million dollar debt situation. That’s a lot more debt than most, but since his clothing line isn’t attracting those high-end shoppers it was targeting, it isn’t pulling in the profit he was hoping.

 

In a recent social media rant by Kanye West, he went on about being some $53 million in debt. Recently, a fan set up a “Go Fund Me” page for Kanye to get out of debt. Go Fund Me is a website where people can contribute to others in large or small increments of payments, this source is known as crowdfunding. If there is anyone in the world that needs a Go Fund Me Page, it isn’t Kanye. Given the fact that he is married to a Kardashian, no one should have pity on him or Kim. Let the Kardashian’s bail him out.

The clothing isn’t flashy either, many are claiming it looks like an outfit homeless people are able to put together.

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Ellen Degeneres makes the point that other people would greatly appreciate someone setting up a Go Fund Me page. I know I would. It just seems ridiculous to do that for a celebrity and really wonder why people would spend their own money and give it to celebrities like they aren’t making enough already.

Thankfully, Kanye will not be accepting the money from the Go Fund Me page. It will go to a non-profit organization called Notes for Notes. This organization provides musical equipment to young children and allows them to book studio time to encourage their love of music and to become the next great musicians of the future. The charity will receive around $7,000, and those who contributed money thinking it would be going to Kanye will get a full refund if they aren’t interested in contributing to today’s young musicians.

I’ll support children working towards and achieve their goals and dreams, but not Kanye’s. Who will you fund?