A Rocawear rep says there is not an "official commitment to monetarily support the movement," which is taking a stand against corporate greed and corruption.
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The Business Insider noted the "irony" in that Jay-Z has no intention to distribute any of the proceeds to protestors.
A Rocawear spokesperson told the publication: "The 'Occupy All Streets' T-shirt was created in support of the 'Occupy Wall Street' movement. Rocawear strongly encourages all forms of constructive expression, whether it be artistic, political or social. 'Occupy All Streets' is our way of reminding people that there is change to be made everywhere, not just on Wall Street. At this time we have not made an official commitment to monetarily support the movement."
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But one of the movement's most high-profile supporters, music mogul Russell Simmons -- who has attended Occupy protests and has sent many tweets expressing his views on the matter -- touted the T-shirt on Twitter earlier this week.
"Love Jay-Z's t-shirt," he wrote, tweeting a link to a photo posted on his GlobalGrind website. "Glad i got mine today."