Damon Dash & Kanye West Are Purchasing Karmaloop

It seems the rumors of Kanye West and Damon Dash purchasing Karmaloop are true. Earlier today, Dash posted a series of Instagram videos that display him standing alongside Kanye confirming their upcoming business joint venture. The rumors started earlier this week, when the Roc-A-Fella honcho revealed in an interview that he and Yeezy are joining forces to buy Karmaloop. The lifestyle retailer’s CEO Greg Selkoe immediately denied Dash’s comments on Monday afternoon, while highlighting that Karmaloop was not in debt for the 101 million that it was presumed. Check out “Dusko Poppington’s” latest Instagram updates and judge for yourself. While you’re at it, make sure to read our interview with Dame from 2013 about the delicate line between artistry and business.

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