The rumors of Kanye West and Dame Dash purchasing Karmaloop may have been officially confirmed after Dash posted a set of videos on Instagram alongside Ye confirming the purchase of 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.