Following reports that once-revered streetwear retailer Karmaloop may soon file for bankruptcy, we’re hearing news that there are some big name potential buyers. In an interview published on Monday, Damon Dash revealed that he and Kanye West are in the running to buy the struggling e-retailer. The Boston-based company has filed for Chapter 11 bankruptcy protection after several failed offshoots (including its women’s streetwear portal, MissKL) resulted in a mountain of debt for the company. According to Karmaloop Founder and CEO Greg Selkoe, Kanye and Dash aren’t the only potential suitors, “We’ve heard from them and others too. There’s a lot of interest in Karmaloop and we consider that a good thing.” At this point, Karmaloop may be forced into a Chapter 11 filing if it can’t make a deal with investors to restructure debt and add capital.

via.hypebeast