Dame Dash and Kanye West Confirm They Are Buying Karmaloop
Update (March 30): Karmaloop released a statement about this announcement saying, "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."
The rumors of Kanye West and Dame Dash purchasing Karmaloop have been officially confirmed after a set of videos on Dash were posted on Instagram alongside Ye, where Dash says him and the "All Day" rapper are buying the lifestyle website.
Rumors of Kanye and Dash purchasing the online streetwear site, began this week when the hip-hop mogul revealed in an interview that him and Yeezy were buying out Karmaloop. Greg Selkoe, CEO of the lifestyle retailer took to Twitter and denied Dash's comments on Monday afternoon, while mentioning that KL was not in debt for the 101 million that it was presumed.
With Dame Dash posting the set of videos alongside West today and confirming the purchase of Karmaloop, it looks like the two hip-hop figures will be venturing off to take over the online streetwear world with a revamped Karmaloop on their side.
Board meeting had to go over some @damondashstudios biz showed him @loisaidas and @toohonorable_ddstudios got the thumbs up and yeah the Karmaloop thing is real...this is exactly how I saw things 10 years ago and he's doing some shit that even I couldn't do but it's not my place to speak on it...but let's just say iam proud as fuck...that's the way it's supposed to be...the younger dudes are supposed to be better then us...that's what we fight for #honaorablepeoplesticktogether stay tuned of course @raquelmhorn there taking historic cool pictures
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...stay tuned #honaorablepeoplesticktogether #hustleforyourlastnamenotyourfirst @loisaidas @damondashstudios @murdamookez @kushedgod @heavenupinharlem_127 @smokeysuarez @queenofharlem @mr_camron @iamjuju_ @raquelmhorn @orgieswiththechef he wit us we fight the same fight...he actually does some Harlem nigga shit #harlemstickstogether @iamjiton too