It’s Official! Kanye West And Dame Dame Dash Are Buying Karmaloop

Earlier this week, news dropped about popular online retailer Karmaloop was going bankrupt and CEO Greg Selkoe was looking for investors to help save the company. During an interview, chatty Patty Dame Dash revealed that he and Kanye West were looking into buying the brand. Now a couple of days later West and Dash revealed on Instagram that they are officially purchasing the Karmaloop brand.

In the Instagram clips, Ye seems a little uneasy and barely spoke while Dame made the big announcement and mentioned that their Karmaloop partnership is only the beginning.

“Board meeting had to go over some @damondashstudios biz showed him @loisaidas and @toohonorable_ddstudios got the thumbs up and yeah the Karmaloop thing is real,” Dash wrote. “this is exactly how I saw things 10 years ago and he’s doing some shit that even I couldn’t do but it’s not my place to speak on it…but let’s just say iam proud as fuck…that’s the way it’s supposed to be…the younger dudes are supposed to be better than us…that’s what we fight for #honaorablepeoplesticktogether”

Part 2 @loisaidas @damondashstudios #honaorablepeoplesticktogether @toohonorable_ddstudios @hollywoodreporter @vfhollywood @vanityfair @variety @bbcnews @nymag @britishvogue @hamishbowles @dlipper @voguemagazine @nytimesfashion @newyorkermag

A video posted by @duskopoppington on Mar 26, 2015 at 2:59pm PDT

Follow us on Twitter @Hiphopenquirer