With Black Friday nearing and the investigation into racial profiling at Barneys New York not yet complete, Jay Z stands firm in his decision to "move and speak based on facts and not emotion."

The music mogul will keep his "A New York Holiday" clothing and accessories collection at the luxury retailer despite the petitioning that took root after two young shoppers, Trayon Christian, 19, and Kayla Phillips, 21, were wrongfully detained — on two separate occasions — at their NYC store this year, so says a new statement posted to Hov's site.

"While I await the findings of the Attorney General's Office, I have agreed to move forward with the launch of BNY SCC collection," he wrote, adding, "under the condition that I have a leadership role and seat on a council specifically convened to deal with the issue of racial profiling."

Hov's stance comes with the earlier declaration that he is no stranger to racial profiling (one of his most popular songs, "99 Problems," addresses the issue), and after several "rants" this year from his Watch the Throne partner Kanye West about discrimination in the high-end fashion industry.

"I am in a unique position to use my voice to affect change to this disturbing issue," Jay wrote. "The easy position would have been to walk away and leave policy making to others hoping that someone addresses the problem. I will not leave the outcome to others. I will take this into my own hands with full power to recommend, review and revise policies and guidelines moving forward."

Further, he explained, by taking this "head on," he's not only putting himself in a position for future change, but he's also demanded more change up front on behalf of his charitable foundation.

"As I previously stated, the collaboration with Barneys has always been about giving and The Shawn Carter Foundation. From this collection, the Foundation will receive not only 25% of sales, it will now receive the additional 75% of Barneys’ sales, totalling 100% of all sales from BNY SCC. Along with 100% of sales from the collaboration, the Foundation will receive an additional 10% of all retail sales from Barneys New York stores nationwide and Barneys.com."

"A New York Holiday" is set to launch Wednesday (Nov. 20).

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(Photo: Larry Busacca/Getty Images for Samsung)