The content originally appeared on: Urban Islandz Sean ‘Diddy’ Combs regains ownership of Sean John brand amid reports the company is nearing bankruptcy. Diddy was successful in his bid to buy back Sean John Clothing company that he launched in 1998 but sold off in 2016 to Global Brands Group. The company filed Chapter 11 bankruptcy earlier this year due to the effects of the Covid-19 pandemic. Diddy had initially bid $3.3 million to re-acquire the global brand, which at […]