June 3 - 6, 2024
Around the Net
Hip Brand Karmaloop Climbs Out Of Bankruptcy
- Complex, Monday, December 19, 2016 8 AM
Greg Selkoe, founder of Karmaloop, has said that in 2013, during Karmaloop’s peak, the company brought in $127 million in sales. Financial issues stemmed from a combination of poor business decisions and failure to attract major investors. There were reports that Kanye West and Damon Dash were seriously trying to buy Karmaloop.
