50 Cent Cuts Ties With G-Unit Parent Company....

Latest: Rapper 50 Cent's fashion label G-Unit Clothing has severed ties with parent company Marc Ecko Enterprises - fuelling speculation he is to close the brand.The star - real name Curtis Jackson - launched the firm in 2004 with Marc Ecko Enterprises, which owns 50 per cent of the brand.On Friday (08Feb08), staff at G-Unit Clothing were informed of their redundancy, after rumours of job cuts surfaced earlier that week (begs04Feb08).Representatives for 50 Cent, however, denied claims the star was to close the brand, saying, "They aren't shutting down. They may be leaving their partner, but the G-Unit brand is a base business of $75 million dollars (#35.5 million) annually".It is thought Jackson will retain complete ownership of the clothing line and will attempt to relaunch the brand with another manufacturer, reports Mtv.com.Meanwhile in other news Rapper 50 Cent has blasted reports he's on the verge of axing hip-hop star Young Buck from G-Unit, branding the rumours "crazy".50 Cent - real name Curtis Jackson - appeared on radio denying the claims, insisting Young Buck is still part of G-Unit despite not joining the rap group on tour or featuring on their latest mixtape.

According to Mtv.com, Jackson is dismissing the incidents as pure coincidence.

He says, "During the international tour, Buck was scheduled to go on the Young Rich Tour, that was the tour (his manager) Sha Money (XL) was putting together for him and Rich Boy.

"I didn't know that didn't materialize while I was overseas, but that's why you didn't see Buck overseas with us.

"And he was just in Nashville while I was in New York the weekend we decided to put the tape together.

"It just looks crazy because he wasn't there, then you come back and see the tape and he (isn't on it), but it's not what people think it is".

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