T his came as a little bit of a shock, Kimora Lee released a statement that she would be parting ways with Kellwood – the company that owns Baby Phat.
Here is her statement: ”After 14 years of conceiving and nurturing Baby Phat, it’s time for me to move on and further expand my other businesses and create a new phenomenon. I adore all those who have faithfully been with me since the beginning. I’m forever dedicated to my family, fans and customers. My inspiration has always come from the fabulous women who have been with me through the years as we’ve grown from young party girls to power players! We’re ready for our next journey together and we’re taking a whole new generation of incredible young women with us. Girl power unite!”