Kanye West & Dame Dash makes power moves!!
If Kanye hasn’t made his mark into the fashion world, this by far could put him on the right track. Recently, Kanye West and Dame Dash has taken things to the next level by officially purchasing online streetwear retailer Karmaloop. Dash broke the news by making an announcement on his Instagram page. Karmaloop stocked hundreds of brands such as Billionaire Boys Club, New Balance, Dimepiece LA and even 10 Deep. The online store also gave up and coming labels in the world of streetwear to set a platform to sell their styles inside the company’s marketplace.
Karmaloop recently filed for Chapter 11 bankruptcy by force last even though the company holds a huge following within the streetwear community since it first launched in 2000. According to fashionista.com, the online streetwear store had fallen into millions of dollars worth of debt. The company was saved from complete shut down due to the purchase from the duo who recently reconciled their differences.
While Dash and West urges their fans not to expect any music, but to look forward to this new venture there’s little to no mentions of their plans for the site which averages 4 million visitors per month.
Karmaloop founder Greg Selkoe also confirmed the new partnership via Twitter and mentions that he plans to remain involved of the online store’s future.