Apparently, the rumors are true. Damon Dash and Kanye West have plans to buy Karma Loop, a multi-platform web retailer, community style and media company specializing in streetwear ecommerce.
Dame announced the news on Instagram, with a series of Instagram posts with Kanye. In one photo, he writes:
got the thumbs up and yeah the Karmaloop thing is real…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 then us…that’s what we fight for #honaorablepeoplesticktogether stay tuned
In another post, he writes:
Generations of real fighters sticking together for the whole world to see…this was always the plan but shit is real and where not doing any bubble gum shit and I hope the whole world sees this and wants to do the same thing…stay tuned
[SEE HIS INSTAGRAM VIDEO ANNOUNCEMENTS ON THE NEXT PAGE.]