{
  "id": 14895632,
  "title": "FUBU founder Daymond John turned $40 fabric budget into brand with $6bn-plus sales",
  "url": "https://urgent.news/2026/10/16/fubu-founder-daymond-john-turned-40-fabric-budget-into-brand-with-6bn",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-16T06:32:04.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/daymond-john-started-fubu-from-his-mothers-queens-home-with-a-40-fabric-budget-and-sold-800-of-hats-in-one-day-the-brand-later-grew-from-that-tiny-start-to-more-than-6-billion-in-global-sales/articleshow/134957946.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Daymond John started FUBU with a small investment and his mother's support in the early 1990s. He sold handmade hats in Queens and quickly generated significant sales, showing demand for the brand. After facing multiple rejections from banks, his mother provided financial backing through a second mortgage. Collaborating with musicians like LL Cool J helped boost the brand's visibility and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}