With the speculation of shutting down, online retailer Karmaloop filed for bankruptcy. Low and behold, Kanye West and Dame Dash came in and saved the company’s day. Earlier today Dash made the announcement of the buying Karmaloop on Instagram, cause you know, real men don’t use social media, alongside West — who was overjoyed.
“Generations of real fighters sticking together for the whole world to see…this was always the plan but shit is real and where not doing any bubble gum shit and I hope the whole world sees this and wants to do the same thing.”
UPDATE: According to a statement received by Four Pins, the Ye and Dame deal isn’t rock solid. Check the out what Karmaloop CEO Greg Selkoe had to say.
We’ve received a statement (March 27) from Karmaloop and Greg Selkoe regarding the situation: “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.”