Sean Combs expansion plans

Entrepreneur Sean 'Diddy' Combs is set to launch his beauty line for men beginning early next year with a Cologne which will be followed later by a full range of male grooming products.

Last Year Sean John signed a joint venture deal with the cosmetic giant Estee Lauder to launch a men's fragrance.

"I have a fragrance that's starting my beauty line. It's called Unforgivable. I did it with Estee Lauder and that comes out in January. I'm into men's beauty products", he said.

Combs is also reported to be in the planning stages for a hotel project in Atlantic City which will bear his name. He will be working on the project with the property developers who helped Cindy Crawford's husband, Rande Gerber, launch his bars and restaurants.

Earlier this year Combs sold his Bad Boy Entertainment music label to Warner Music for $30 million and has expanded his business into designer rims with Kansas City's Weld Wheel Industries Inc., and TV and Film productions with MTV Films.