Kanye West & Dame Dash Buy Karmaloop

Kanye West and Dame Dash have bought the well-known clothing franchise Karmaloop. 

The online streetwear retailer Karmaloop has collectively been acquired by cultural icons Kanye West and Damon Dash.  The two have been longtime associates as Kanye often credits Damon Dash with his discovery and introduction to the industry, referencing the the days when Dame brought Ye on the Roc a Fella records team as a writer and producer. This business deal displays the fruition of this 10 year plus working relationship as Kanye has obviously transitioned to gaining acknowledgement as a master innovator and creative.  The acquisition also serves as a power play for two figureheads who have publicly strived proper recognition in the world of Art business, recognition who has thus far been reserved for the liking of Jay Z and Diddy. On a functional level Kanye and Dame show their clear understanding of the fashion and culture market becoming shareholders in the distribution of standard youth attire. This is culture.