Karmaloop was founded in 1999 by Greg Selkoe. Currently Karmaloop is based out of Boston, Massachusetts. Karmaloop is an online re-seller of underground urban street wear offering clothing for men and women. According to www.karmaloopboston.karmaloopblogs.com their mission is to provide their customers with the best brands and products that represent the cutting edge culture they live, breathe, and love. When it comes down to it, Karmaloop sells clothing that you will not find at your local mall. They pretty much focus on being a desired online boutique.
Their products include jackets, jeans, t-shirts, hats, accessories, hard to find shoes and much more. Their online store offers more than 250 brands. Not only does Karmaloop sell clothing, but they also provide online information and reviews on current and new fashion trends. Also to add to their bragging rights, Karmaloop was ranked 196 in the Internet Retailer’s 2010 Top 500.
Just recently Karmaloop opened a flagship store located on Newbury Street in Boston, Massachusetts. They primarily receive most of their revenue by their online store. Karmaloop tends to run banner ads on their website. These banners allow them to pick up more cash by advertising brand names such as Nike and or Adidas. I believe this is how they bring in most of their income. Based off of their ranking with Internet Retailer’s 2010 Top 500, coming in at 196 out of 500 shows they are doing something right to make some good profit.
Check out their site... www.karmaloop.com
I'm glad to see that Karmaloop is expanding like it is. I wonder if they'll ever have retail stores in the future. Like in malls and stuff...
ReplyDeleteJust a thought.
P.S….Karmaloop money saving tip: If you want 20% off your entire first order at checkout use rep code: “LETITBE”. You can also continue to use the same code LETITBE on all future orders. It never expires and you can use it more than once.
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