Monday, March 23, 2015

Karmaloop May Be Exploring Chapter 11

The Boston based e-tailer (with three physical stores) is reportedly exploring options to keep the company alive. Founded in the year 2000 by Greg Selkoe, Karmaloop surpassed over one hundred million ($100,000,000) in revenues in 2011. This comes as a shock to the streetwear community (the company's primary demographic).

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