New Era Cap, a headwear and apparel company has brought Chris Brown on board to design a line for branded caps that is set to hit the stores as soon as August 14 at Lids, New Era stores and newera.com.

The line will be six unique designs by Chris Brown which will include an image of a boombox and another design featuring the initials, “CBE” for Chris Brown’s Entertainment, “Brown’s record label on Interscope.

Details of Brown’s New Era deal will pay him a royalty based on the number of hats sold.

The caps will sell for $35 to $40 each.

In other news….

How cute.

Rihanna was spotted popping Chris Brown’s pimple in a hot tub over the weekend.

This has to be love!

Janet Jackson revealed her plans to launch her own lingerie line at the Versace menswear show on Saturday, June 21 during Milan Fashion Week in Italy. There were no real details about her lingerie project.

Hope the lingerie is reasonable made available to everyday consumers. I will keep you posted.

Jackson plans to launch lingerie line before the end of the year.

Damon Dash and his wife, Rachel Roy have joined forces in their business endeavors. Dash and Roy have announced a joint venture with Jones Apparel, Inc. to expand Rachel Roy Collection fashion brand.

Rachel Roy Collection initially hit the market in 2005 and has seemingly done well. The collection is only available in high end department stores such as Nordstrom, Saks, Neiman Marcus and Bergdorf Goodman. Also can be found overseas in the United Kingdom, the Middle East, South Korea and Indonesia.

The joint venture will prove profitable for Jones Apparel, Inc. and Roy and Dash. Jones Apparel, Inc. will retain 50% interest in the venture and Dash and Roy will retain the remaining 50% interest. Rachel Roy will has retain creative control of her and continue overseeing the design, manufacturing and production of the line. This joint venture is estimated to be worth $4 billion between the companies.

Unfortunately the remaining details of this venture has not been disclosed .

Source: AllHipHop

Queen Larifah has jumped on the bandwagon of many celebrities who have gone into the beauty business.

Parlux Fragrances, Inc. announced June 2, the signing of a global licensing agreement to launch the first fragrance from Queen Latifah. The fragrance will make it’s debut Fall 2009 in the United States, with an international roll-out shortly thereafter.

According to Queen Latifah,

For me, beauty really does start on the inside. It’s like a state of mind, a state of love, if you will. So, I see fragrance as just a natural expression of this state of love: Scent expresses a woman’s confidence and sensuality. It’s how she embraces her body, her mind and her strength.

Source” ABC4.com

Lil Jon launches a new citrus flavored line of his Crunk!!!Energy Drink. The new lemon-lime flavored drink will debut in a new yellow and green can.

Distribution of this energy drink will be expanded and can now be found in stores in Los Angeles, North Carolina, Missouri, Oklahoma and Tennessee.

Also, there will be a new multi-level marketing program to launch the new line, Lil Jon is also planning a Crunk!!! Girls 2009 calender.

With the continuing popularity of the pomegranate flavor Crunk!!!, we are thrilled to be introducing Crunk!!! Citrus to the market this summer,” added Tom Mahlke, President and CEO. “Crunk!!! Citrus is the only energy drink on the market with an all natural lemon-lime taste and the renowned Crunk!!! bite. The strong consumer demand is driving the success of the Crunk!!! brand, and is the reason we keep opening new markets on a regular basis.”

Source: AllHipHop