Greg Selkoe Net Worth
The Karmaloop flagship brick and mortar store was launched in 2005 on Boston’s Newbury Street. In a 2010 interview, Selkoe revealed that the store “never made a penny.” The store closed in 2011. In the meantime, Karmaloop’s online presence has grown to include Karmaloop.com, KarmaloopTV.com, MissKL.com, PLNDR.com, BrickHarbor.com and Kazbah.com. In May 2011, it was announced that music producer Pharrell Williams would serve as Creative Director of KarmaloopTV alongside Selkoe and former AMC president Katie McEnroe. By 2013, Karmaloop was a vendor for over 500 brands, including its many private label clothing brands: Amongst Friends, Advocate, KLP, Orisue, Pilot Licensing, Society Original Products, Sons of Liberty, Spool & Thread, and VGB.