Music Magnate Jimmy Iovine Is Wading Into the Fashion Business

dhita yudha

Click here to read the full article.

Will music business icon Jimmy Iovine become fashion’s next mogul? Iovine announced this week that he and his wife Liberty Ross, a model and actress, have made a majority investment in ready-to-wear women’s fashion brand The Vampire’s Wife. The news comes three months after FaZe Clan, an online retailer of sports-centric clothing, closed a $40 million round of funding led by Iovine.

The Vampire’s Wife is a U.K.-based company created by model-turned-designer Susie Cave, wife of beloved alternative rock troubadour Nick Cave, who helps name her dresses. “I know more about music and tech and different things like that than I know about fashion, but I do know a bankable artist when I see one,” Iovine tells Rolling Stone. “Susie is as much of an artist as the great women I’ve worked with, including Stevie Nicks and Patti Smith.”

More from Rolling Stone

Read More