Karmaloop to file for Bankruptcy

Robert California

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Copped some clean ass sneakers from there right before graduation. :banderas:
Did expedited shipping and my shyts got there the day before I graduated :mjcry: :ohlawd:
I graduated in '07 tho, so :ld:
Too many other online markets, limited brand recognition, and failure to expand into retail sector probably did 'em in :yeshrug:
 

BLAZO da GAWD

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I really don't see the reason for people to get into fashion or the restaurant industry.. to clustered and the market isn't really there for the middle to lower class...

wish them the best tho
Because they are the easiest industries for anyone that doesn't know shyt about anything else to get into. Other businesses, such as construction, technology, banking, insurance, etc. require a high level of insight and knowledge about that industry, as well as the actual science behind the products you're pushing. The barriers of entry are limited. With clothes and restaurants though, any person with a little bit of capital figures they can easily flip that with fashion and food. There isn't much to it: buy a spot -> set up shop -> find a food supplier -> decent chefs to cook your shyt -> advertise -> profit???. Now compare that to a tech company where you need actual engineers and innovators to know the science behind shyt and think of something new.
 

Kalik

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Time to cash out the rest of my rep points...

My last 2 orders were good.
Duffle Bag, backpack, lighter holder -- spent 9cents for all
Winter sweatshirts, hoodies, about 6 of em - $14

Just don't want my cash locked up
 

King Poetic

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Because they are the easiest industries for anyone that doesn't know shyt about anything else to get into. Other businesses, such as construction, technology, banking, insurance, etc. require a high level of insight and knowledge about that industry, as well as the actual science behind the products you're pushing. The barriers of entry are limited. With clothes and restaurants though, any person with a little bit of capital figures they can easily flip that with fashion and food. There isn't much to it: buy a spot -> set up shop -> find a food supplier -> decent chefs to cook your shyt -> advertise -> profit???. Now compare that to a tech company where you need actual engineers and innovators to know the science behind shyt and think of something new.

yeah i understand that.. but in the end that debt and probably the lack of getting any loans are gone, especially for the people didn't manage there money well
 

L&HH

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I used to fukk with plndr back in 2010. The shyt was garbage though. I bought a society jacket and the buttons fell off on the first wear. Some skull candy earphones that broke and some other shyt. Switched to jackthreads quality was better but I think it's all the same company
 

the artist known az

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Dame: "Ye, I got 5 on it bruh, can you spot me the rest?
ynao8rF.png
"
You know Dame be bringing up how Kanye with Jay instead of him making Ye feel guilty :russ:
 

L&HH

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:stopitslime:

Ye is trying his hardest and selling his soul to break into high fashion. Why the fukk would he attach his name to a "streetwear" website ?
Dame could just be blowing smoke. But Kanye seems to be confused business wise with the direction he wants his apparel to go
 
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