The Kardashians Parting Ways with Sears After Four Years
The Kardashians and Sears have gone their separate ways after four years together…
In 2011, the Kardashians and Sears created the Kardashian Kollection, which included clothes and jewelry.
It sounds like the business was successful. According to TMZ, back in 2013 “the Kardashian fashion empire raked in $600 million and the family got a $30 million cut.” But, now the Kardashians are moving on.
While Sears is saying the break up was “mutual,” Kardashian sources are telling a different story. Insiders revealed that the Kardashian felt as though Sears “wasn’t stable.” It’s being reported that Sears closed over 200 stores in the last year, plus they suffered a “$159 million loss in the last quarter of 2014.”
It sounds like the Kardashians have already made a new deal with another major retailer, and the deal will be announced “soon.”
Who do you think the Kardashians are partnering with: Wal-Mart? Kohl’s? Macy’s? J.C. Penney? Kmart?