StopSelkoe Website Posts Karmaloop Bankruptcy Documents
Greg Selkoe’s proclamation yesterday that “Karmaloop isn’t going anywhere,” seems to be staunchly
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Greg Selkoe‘s proclamation yesterday that “Karmaloop isn’t going anywhere,” seems to be staunchly objected. Adding perhaps another splash of gasoline to recent news of Karmaloop’s financial woes, a new website has recently slid across our desk. The site, dubbed StopSelkoe.org, takes aim at Karmaloop and CEO Selkoe, claiming that over 5,000 of its brands and affiliates are owed for sales, physical merchandise, shipping costs and labor – essentially, the bare bones infrastructure costs. Adding a bit of salt to the wound, StopSelkoe.org also asks visitors to share their Karmaloop horror stories, and has produced a cheeky meme to kick off a sort of viral campaign. You can see how much Karmaloop owes to a few noteworthy brands below while more can be found over at StopSelkoe.org.
eBay = $344,551.67
10.Deep = $313,695.01
Adobe = $227,686.88
Mitchell & Ness = $191,672.40
Vans = $156,919.64
Cheap Monday = $130,945.57
LRG = $126,253.18