You will be redirected back to your article in seconds
Skip to main content

Karmaloop Files for Bankruptcy

Boston-based streetwear site Karmaloop Inc. joined the ranks of retailers seeking legal protection from creditors, filing for Chapter 11 in a Delaware bankruptcy court Monday with plans to sell a majority stake in the online clothing business.

Rumor has it that hip-hop moguls Kanye West and Damon Dash have expressed interest.

Read more at Sourcing Journal.