So, is Kanye's 2012 collection + Yeezy officially the biggest clothing line flop of all time? Money can't buy you success or style
kanye's 2012 collection was a huge hit on his bank account
yeezy stuff is not a huge hit on his bank account
with apparel start up companies, you usually do not profit the first couple years
but in this industry, you have to pay before hand for everything, and when you wholesale, you don't get paid for up to 90 days
unless you do factoring, you can't really make money in between those 90 days
>corps wont sponsor you because its a bad investment
>do it yourself anyway
>also produce a video game
>wahh im in debt
sounds like hes just surrounded by yes men and has shitty financial senses
wouldnt be surprised if he started a gofundme
Original line: No buyers bought it at the show, it was an off runway runway show
so his runway was next to H&M, Zara and Express runways that they just set up kind of off to the side near the real fashion week stuff
Kanye X A.P.C was a licensing agreement and made APC more money than he did
shoe collborations were a similar licensing agreement, seems like kanye will sign his name to anything he can to get a dollar
second attempt at fashion line was mockery
onset prductions is like a NY based version of like...craigslist
they offer free tickets to fill seats (like amy schumer's new show has a fuck load of free seats)
or paid gigs like that AOL esque ted talks are offering $30/hour to sit there
so it looks good on stream
He's trying to emulate Elon Musk's Tesla business model. Start Highly Priced, limited quantity. Create hype, then in Kanye's case, slowly roll out affordable pieces so peasants can feel part of the movement. The prices will lower in a year or two. He's definitely deceiving people about the debt thing. It takes money to make money and he will definitely remake that money, He may have went over his budget for his line, but the guy isnt stupid. He's probably positioning to appeal to fans so his continues to look as if he's all about the art. Probably looking for investor's as well.
What the fuck are you talking about
If people think he's in debt they aren't going to rise up and "pull him" out of debt or think he's somehow "all about the art". They are going to think he's turned to shit and washed up, and investors will pull their money
Elon musk didn't do anything revolutionary. That marketing model is as old as time.
He used "revolutionary" a lot in marketing campaigns, just like Steve Jobs used "genius"
Don't take ads for face value
>black celebrity falling millions into debt
Color me surprised desu. Money can't buy taste, it makes me fucking sick every time some nouveau riche fuckstick tries to get into fashion.
At least the fact that many of them end up destitute and humiliated after shitting out three or four lines is some consolation.
He could take some notes from Papa John
American mansions of this kind are so fucking atrocious. If you're going to spend 20 million on a house, you should atleast take the time to hire someone with taste to pick it for you.
They lack sculptures, I rarely spy a fountain anymore. Is it the maintenance or the gall to just want a small rock formation with a waterfall leading into a pool with HOME OWNER X's name splattered onto the tiles?
Most people can't even imagine the level of luxury he lives in. With the wedding, mansion, designer clothes, expensive cars, and business ventures debt can accumulate really quickly.