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No One Wants To Buy Karmaloop

May 26, 2015 at 3:12 pm |

Following the story we brought to you a couple of months ago on Kanye West & Dame Dash bailing out in purchasing Karmaloop after the streetwear site filled for bankruptcy because of a debt toppling over $100 M, we told you that the site was to be auctioned off to the highest bidder. Recently, during the auction, things took an interesting turn. Yesterday the bidding opened up for the streetwear retailer, but surprisingly during the auction no offers were made! Stay tuned to see how this story pans out.

Is this a sign that copping gear from super-sites like Karmaloop and Mltd is over? What are your thoughts on no one wanting to cop Karmaloop?

Lloyd Banks Ft. Avant “Karma”
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After filling for bankruptcy, despite rumors of Kanye & Dame purchasing online streetwear retailer, Karmaloop received no bids for purchase at an auction where the site was being sold. Find out full details here.

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