Kim Kardashian held at gunpoint
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Anonymous
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Anonymous
From Vanity Fair: While commentators were perplexed by his lack of frugality, or surprising surplus of modesty, the over-leveraged rap icon’s state of affairs is a reflection of the brutally difficult fashion business—an industry that requires significant upfront costs and can promise little in return. Despite a growing popular appreciation of his designs, West has learned the realities of the industry the hard way. In 2009, he put all of his musical endeavors aside to work on his label, Pastelle—which then shuttered after seven months. Add to that however much it cost to create his line of G.O.O.D. merchandise, marketed to fans of his record label. He was chewed up and spit out for his attempt at a high-end women’s-wear line called Kanye West in 2011. The line never made it to stores. According to a 2013 interview with Jean Touitou, the founder of the French line A.P.C., which created capsule collections with West, the experiment put the rapper out $30 million. |
Anonymous
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His collaborations with Nike, on the wildly popular Nike Air Yeezy sneakers, did not stem the losses. West has said he was not given a percentage of the sales—a sticking point that eventually caused him to defect for what would appear to be a more lucrative deal and more creative license at Adidas, where he was able to expand into clothing and elaborate fashion shows at sold-out arenas three times in the span of one year. In his first “season,” West told BET he went $16 million in debt getting his line off the ground.
Those numbers, while significant, are not surprising to industry insiders tasked with coming up with business plans for people like West, who have grand visions without the slightest idea of what they might cost to execute. The expenses related to production, sales, buying, marketing and setting up the infrastructure to manage the logistics of a fashion line are one thing, according to Jonathan Reed, C.E.O. of brand consultancy CS Global. But scaling the product and setting up a show is what really drives up the capital requirement. https://www.google.com/amp/www.vanityfair.com/news/2016/02/kanye-west-53-million-dollar-debt-explained/amp?client=safari |
Anonymous
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Before you say that the 10 million dollar insurance claim is but a drop in the bucket, remember that Keeping up with the Kardashains is having its lowest ratings in years.
https://www.google.com/amp/radaronline.com/photos/kuwtk-ratings-crash-lowest-ever-kris-jenner-kim-kardashian-ratings-lowest-ever-show-competes-mtv-vmas/amp/?client=safari |
Anonymous
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Sorry for the multiple posts but here's my take:
(1) I believe that Kanye bought her that ring to deflect from the money troubles. Allegedly he bought that ring for her because of his Adidas deal. This is a 10 million dollar deal with "potential to become a billion dollar deal". But that sounds like spin to me. IF it really was a 10 million dollar deal, why would he spend a cool 4 million on a ring? I suspect he bought the ring and announced to everyone that he had Adidas engraved on it so everyone was talking about his amazing new deal with Adidas that was so lucrative his wife got a second engagement ring that they could not afford. (2) I suspect that they wanted to change the story from "Kanye in debt 53 million" to "Kanye can afford a 4 million dollar ring for his wife". I suspect that because they could not actually afford this ring, they staged the robbery. (3) A robbery would be convenient because it would make Kim look like the victim (especially if she pleaded with Kanye not to replace the ring since it was her fault that she flashed it so much). I think they chose a time like this with Paris in the headlines for so many troubles, and timed it after the Lochte scandal so people would say "no way they staged it, look what happened to Lochte!" If they were found out the headlines would be "second celebrity stages phony robbery". (4) So Kim really went over the top flashing her gems, often when she's really naked (wearing a sheer shirt for example and no bra). Oh and it just so happened that some of the jewelry was designed by Kanye! oh and it just so happened that every news program broadcasted photos of these necklaces from her husband Kanye's upcoming collection with Jacob Arabo http://www.dailymail.co.uk/femail/article-3819174/The-8-5m-worth-dazzling-jewels-stolen-Kim-Kardashian-including-15-carat-second-engagement-ring-diamond-grillz-sentimental-necklaces-designed-Kanye.html#ixzz4MVFdJVKj (5) The robbery was staged to generate maximum sympathy for Kim. She was so noble she sent off her security to be with her sister. It was in a scary foreign country (remember the Jenners are republicans although Kanye is a dem), they couldn't be faulted if they didn't know the phone for the police. They probably told the hotel they didn't want any cameras on as they had their E! camera crew, and didn't want any footage leaked. The hotel won't go public with this since their whole business model is that they are tight-lipped and won't rat out their guests (it's ultra exclusive and private- think ultra wealthy clients such as Leo DiCaprio who value privacy). (6) Kim made sure to tell everyone she was Facetiming Blac Chyna when it happened (cross promotion), the jewels stolen were those Kanye gave her to celebrate his Adidas line (another promotion), and the ones he designed with Jacob Arabo (mini commercial for this line). (7) A couple things that I find hard to believe - Kim managed to wiggle out of zip ties. Yeah these robbers were so experienced that no one got a video or photo of them, but they managed to tie the zip ties so loosely she wiggled out of them? Sure.... - The kids were in New York with their nannies. Why wouldn't the baby Saint be with his mom? Makes no sense to me, unless the robbery was staged and they didn't want the kids involved at all. - She REALLY over the top sent out images of her jewelry. Almost like she wanted the news networks to have clear photographs so that her husband's jewelry line and Adidas contract would be highlighted over and over. - Somehow the beloved security guard came out smelling like roses, because of the circumstances of the alleged robbery. He was off with her sister! She blames herself! (8) I don't care about the Kim or Kanye. The sex tape doesn't bother me either. The show is cute. But I suspect that their motivations are clear. They will get the insurance money for the ring they could never afford, they promoted their upcoming Blac Chyna show, the Adidas collaboration, the jewelry line with Jacob Arabo, and raised the ratings for their floundering reality show. They also timed it for ultra drama by making Kanye cancel the show in Queens mid-performance (right when he was singing a hit song - just another little promotion there). The only losers here are the hotel (makes sense, he allegedly has a house there so why would Kanye care), the city of Paris. The big winners are the Kardashains (they all came together to help her! The kids were safe! Heres a dozen photos of these jewels you can buy soon!), Kanye (Here's the song that was interrupted!), and the show (ratings boost - Kim stops filming goes into hiding for maximum suspense, then tearfully recounts her night of terror!!!!!!!!!). Yeah this was staged. I hope they get found out. |
Anonymous
But Kim also makes $1 million a month from social media and also gets a lot of things for free like vacations, products, travel, etc. I just think Kim is too seflish (and not that reckless) to risk criminal prosecution by making this up to get Kanye out of debt. |
Anonymous
They think they are above the law - in their minds there is no risk. |
Anonymous
How is she going to keep making that 1 million a month if her show is cancelled and no one buys their merchandise? Kanye is practically a fashion joke, by raising his design profile and actually showing some sort of action on her famously plot-free reality show, it keeps them in the headlines. |
Anonymous
| I feel like this has been solved. It was staged. |
Anonymous
People are definitely pointing out some fishy stuff about the story. But Could Kim and Kanye possibly have judgment that bad? I feel like staging this kind of thing would be insanely high risk. If they were busted, it would be like Ryan Lochte times a billion. |
Anonymous
With high risk comes high reward. Without their reality show, they have nothing except a failed clothing line, a poorly managed music career (For someone who claims to be millions of dollars in debt, Kanye West sure didn’t think this one through! Rather than offering his album for sale, he only streamed it on Tidal, resulting in hundreds of thousands of illegal downloads when he could’ve made $10 million), two poorly received clothing lines, and her social media business. I think they felt the need to be in the spotlight. |
Anonymous
Fair points all. In particular, I hadn't thought about how much the Tidal play was a financial screw up. But he can always make crazy money by touring, right? Staging this would be just wildly risky beyond all reason. Going to prison for years, getting sued for gazillions in civil penalties, being ostracized from elite realms of society - all of this would be on the table. |
Anonymous
Why yes - yes they could have judgement that bad. Just look at Kanye's fashion deals gone wrong. |
Anonymous
Really, do you think they will go to prison? They have so many connections and high powered lawyers.. If they had to even go for a day, it would be televised so they make money. Either way they "win." |
Anonymous
You people are freaking delusional. She made more than 70 million this year from her app alone. Her businesses are doing fine and she's in cahoots with all the Kardashian businesses except Kendall's modeling. Jealousy isn't a good look ladies. And holy hell that other pp has WAY too much time on her hands |