Friday, March 29, 2024

Karmaloop Says There’s No Deal with Kanye West and Damon Dash …Yet

kanye west-damon dash*Rumor has it Kanye West and Damon Dash are partnering up to buy online retailer Karmaloop after filing Chapter 11 bankruptcy, the company responded to “news.”

The rumors started when Dash released a series of Instagram video posts about buying the retailer. “We decided to go buy Karmaloop.”

However, Karmaloop told Four Pins:

“As we confirmed earlier this week, Kanye and Dame are among several people we’ve spoken with about Karmaloop. We’re having a lot of conversations and seeing intense interest in our brand.”

Nevertheless, Dash has high hopes and plans for the retailer. In his IG posts, he tagged numerous high-fashion companies. He revealed more or less that he and Kanye would make Karmaloop into higher-end retailer.

An anonymous source, whose brand is stocked by Karmaloop, told Four Pins that CEO Greg Selkoe said he would fulfill payments for orders made after March 23 at 4:04 p.m.

If an order was made before March 23 than it’s considered past due. The order will have to go through a legal process to receive payment.

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