Russell Simmons steps down from fashion, production business after sex assault claim

Simmons, 60, the co-founder of hip-hop label Def Jam Records and also a film producer, apologised for his behaviour in a statement on his Instagram site.Reuters could not independently confirm the allegation and representatives for Simmons did not reply to a request for comment.

“While her memory of that evening is very different from mine, it is now clear to me that her feelings of fear and intimidation are real,” Simmons said in his Instagram statement. “While I have never been violent, I have been thoughtless and insensitive in some of my relationships over many decades and I sincerely apologise.”Lumet could not immediately be reached for comment.Simmons is regarded as one of the most influential entrepreneurs in the hip-hop world. He also founded the fashion lines Phat…