NEW YORK — P. Diddy will have to wait a little longer than expected for his first flagship.

Last week, Sean John officials divulged that negotiations for its first prospective retail venture had hit a roadblock and a New York flagship would not open this fall, as initially expected. Charles Soriano, director of retail at Sean John, explained, “We have experienced some unfortunate setbacks with our desired retail space and have started another search for a new location. The opening has been moved to spring ’04 providing a suitable location is found by the end of the summer.”

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