"The Paula Deen brand is alive and well."
So says Jahm Najafi, head of the Book-of-the-Month Club and Najafi Cos, which just invested between $75 million and $100 million to fund Paula Deen Ventures.
You probably recall Paula's fall from grace less than a year ago for using the "N" word and planning a "plantation-style wedding". While embroiled in a lawsuit with an employee, 67 year old Paula lost her contract with the Food Network and 12 other major accounts including Walgreen's, J. C. Penney, and Smithfield contracts. She gave a teary apology on the "Today Show" and faded into the sunset.
