Rap mogul Dame Dash will no longer have the licensing rights to the shoe company Pro-Keds. The company plans to change it's image for their upcoming 60th anniversary. “We thank Damon for his partnership and efforts on the PRO-Keds brand
over the past few years, and we look forward to re-launching the brand
under the Stride Rite organization to maximize the brand’s full
potential,” CEO Greg Ribatt said in a statement.
As we previously reported, Dame Dash and his wife recently made headlines when news hit that they were on the verge of losing two of their homes. The two reportedly owe over $7.3 million dollars on the mortgage for the two Tribeca condos, missing the monthly payments from January to August.