Hip-Hop mogul Jay-Z has teamed with Parlux Fragrances to introduce two new perfume labels, one for rap star Kanye West and the other for R&B songbird Rihanna.
 
Additionally, Jay-Z, who is a principal of Iconix Fragrances LLC, will have the option to purchase up to 4 million shares of Parlux’s at $5 a piece.
 
According to The Wall Street Journal, Jay-Z and an unnamed female singer are also close to finalizing a deal with Parlux.
 
Parlux makes perfumes and accessories…(read more)

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