Tuesday, November 18, 2008

Karmaloop Street wear Site To Rake in $40Million This Year



A couple years ago, who knew selling Hip-Hop clothing Street wear on-line could be a million dollar venture? You can ask Greg Selkoe, founder of Karmaloop Boston, Karmaloop.com, and Karmaloop TV, that exact question and he would probably answer the same as you; nobody. Today however, he would answer that different. The 33-year old fashion pioneer can tell you $40 million in one year is possible. Virally spreading across the Urban street wear market, Karmaloop street wear enterprises are expected to rake in $40 million USD by the end of 2008.Starting Karmaloop.com in 1999, Selkoe was originally running his project from a run-down piano factory where he stored goods and had a group of approximately 20 people working with him. The real push for the street wear project did not come until Selkoe connected with real estate broker and business partner, Frank Celeste.
For Slick & Chimi...You see if this bamma as* lil dude did it..imagine what people like us can do when we sell better brands? I want my 40 MILLION NOW!

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