Rumor Control: Kimora Lee Simmons Says Her Husband Isn’t Involved In Her Business
Kimora Lee Simmons has wasted NO time responding to a Page Six report from last week which claimed her business might suffer if an investigation into her husband’s shady investment banking dealings in Asia proved to have funded her operation.
Simmons told Women’s Wear Daily:
“I’ve been around for quite some time. I’m an old lady so I’ve always been self-sustaining, self-funded. I’ve had Baby Phat and at one point Phat Farm, too. I’ve had Couture by Kimora, Fabulosity, KLS so this is not my first ride at the rodeo. I’ve had six or seven successful fragrances.”
“I fund my own business.…I’ve been in the fashion industry since [age] 12, modeling and all that. So all my money, not that I want to say it that way, this is my third marriage that I’m on so, no, my husband has nothing to do with my professional life.”
Simmons also clapped back at aspects of the article which claimed her expensive line couldn’t possibly be profitable because it mainly sold online and at “a Beverly Hills boutique” revealing that the line is carried by Bloomingdale’s and Lord & Taylor as well as her site and other online retailers. She added that she also does international business due to her healthy share of clientele in Singapore and Indonesia. She’s reportedly in talks to do a diffusion line that’s more accessories driven.
Asked point blank whether she consults her husband on her business, Simmons said:
“He’s a financial person and I’m a fashion person, so I wouldn’t say that really. And I’ve been doing this for kind of a long time. Probably more my young girls [14 and 17] give me a little more fashion advice.”
Simmons also spoke to her disappointment in the negative coverage from Page Six noting,
“I think it does a disservice to the fashion business and to designers like me. I’m one of the few designers who is here with their namesake label. I’m one of the few women and certainly one of the few women of color. Diversity is a big conversation for me that I talk about.
“When you say something to attack a brand…it doesn’t do a service to myself or the industry to have — for those who are following in my footsteps, or for the groundwork that I have laid for other people like myself of which there are only a small handful,” Simmons said. “So we struggle every day and we have our struggles every day, but I think it’s better to probably keep to the topic of your growth and your success than to go and create lies or false stories about brands like that. It’s one thing to be successful, it’s another thing to be failing, it’s another thing for someone to write and publish things that you’re failing. That’s really no good. I was just shocked at that but it happens all the time. I guess I’m honored that they still want to talk about me.”
Glad she put that spin on it.
Kimora added that the story does a disservice to women of color, “I’m not saying that it was necessarily racially motivated but one could look at it that way, absolutely.”
It’s hard not to love this woman. She’s got serious spunk and will put a MF in their place when she has to. Tell ’em girl! Tell ’em.