The Ledger
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Samsung agreed to finance FUBU if it reached $5M sales in 3 years
“And the deal with us was that they would finance the manufacture and manufacturing and distribution of our product, but we had to sell five million dollars worth of clothes in three years to keep the deal.”
FUBU generated $30 million in sales in three months after partnering with Samsung
“But I had known my customers so well because of all those things that I was doing that as we started to put the brand out there, we did about thirty million dollars in three months.”