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Bad news for U2 frontman Bono and his wife Ali Hewson.
The two started clothing line Edun back in 2005 to help raise money for Africa. Unfortunately, the company has been losing money instead.
In fact, last year their line suffered $9 million in losses!
And although Louis Vuitton purchased a large portion of Edun last year, it doesn’t seem to have helped.
Let's see if Edun can make profits this year.
[Image via WENN.]
Tags: clothing line, louis vuitton, profits
Posted: August 23, 2010 at 1:30 pm
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