WHAT BEGAN AS A BUNCH OF HATS MADE IN DAYMOND JOHN’S HOLLIS QUEENS’ HOME BY HE AND HIS CLOSE FRIENDS HAVE TURNED THE PARTNERS OF FUBU INTO LEADERS.
1992 was the year Daymond and his close friends, Keith Perrin, J. Alexander Martin, and Carl Brown came up with the idea to make and sell his own tie-top hats as a means of making “easy money”. Daymond mortgaged his home for $100,000 turning half of the house into a factory and the other half into living space for “TEAM FUBU”.
The Team consisted of neighborhood friends, Vice President J. Alexander Martin and Cofounders Keith Perrin and Carl Brown. J. Alexander, Keith, and Carl are key members of “TEAM FUBU” to date.
Their philosophy was to make clothing for the consumer by the consumer. They turned their dream into a reality and today the businesses they founded over the years are still an active part of the four partners’ lives.
The earliest collection consisted of a small line of tops and hats with the FUBU logo. By 1995, an extensive sportswear line was designed and produced by FUBU, using raw materials imported from around the world. With the success of the collection, distributors and investors came calling.
To date, over 5,000 stores have carried the FUBU collection and more than $6 billion in merchandise has been sold at retail.
FUBU represents determination, excellence, and boldness of the four partners who had the courage to go against the grain in 1992 and strike out on their own to form “TEAM FUBU”.