Barneys to Donate All Sales From Jay Z Collaboration to Charity

Looking to eliminate one of his more recent problems, Jay Z took to his Life + Times outlet and issued a new statement on the controversial collaboration he and upscale retailer Barneys New York are set to release next week. While Barneys is still currently under investigation for their racial profiling, Jay Z has announced that he will being moving forward with the holiday launch, and vowed to tackle the issues head on. Jay shared that he will take a seat on a council that will focus specifically on the issue of racial profiling. Barneys has also gone on share that they will donate 100% of sales from the "BNY SCC" collection to The Shawn Carter Foundation, and also contribute an additional 10% of all retail sales on the November 20 launch day. You can read Jay Z's entire statement down below:

In the past several weeks two separate investigations were launched as a result of the wrongful detention of Trayon Christian and Kayla Phillips. My team has been privy to the status of the Barneys third party consultant investigation. In continuing our research, we also contacted the New York State Attorney General’s office for the status of their investigation into both Barneys and Macy’s. Those findings are not yet available.

While I await the findings of the Attorney General’s Office, I have agreed to move forward with the launch of BNY SCC collection under the condition that I have a leadership role and seat on a council specifically convened to deal with the issue of racial profiling. I am in a unique position to use my voice to affect change to this disturbing issue. The easy position would have been to walk away and leave policy making to others hoping that someone addresses the problem. I will not leave the outcome to others. I will take this into my own hands with full power to recommend, review and revise policies and guidelines moving forward. I am choosing to take this head on.

As I previously stated, the collaboration with Barneys has always been about giving and The Shawn Carter Foundation. From this collection, the Foundation will receive not only 25% of sales, it will now receive the additional 75% of Barneys’ sales, totalling 100% of all sales from BNY SCC. Along with 100% of sales from the collaboration, the Foundation will receive an additional 10% of all retail sales from Barneys New York stores nationwide and Barneys.com on November 20th.

- Shawn “JAY Z” Carter

By: Richard Brooks / News / November 16, 2013 / 679 Views
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  • http://asunkee.tumblr.com/ J W

    I see Barney's trying to kiss that ass. Well played. LOL

  • NoNewFriends

    He's returning the money back to the new slaves.

  • cac-head

    Wasn't that always the plan....?

  • STRIP

    SC Foundation just got that CHECK!!!!