Earlier this week Damon Dash announced on Instagram that he and Kanye West were purchasing online street wear retailer KarmaLoop [click here if you missed that].
Maybe its a hostile take-over or something because the KarmaLoop CEO says it not true…
From Four Pins,
KarmaLoop CEO Greg Selkoe has taken to social media to address some of the issues. We reached out to Selkoe and spoke with him about what exactly is happening. His resounding message: Karmaloop isn't going anywhere. Also, those rumors about Damon Dash and Kanye West buying the brand aren't happening either.