Kim Kardashian confirmed rumors Thursday that her and her sisters would be closing the doors on their clothing boutique DASH after 12 years in business.
“After nearly 12 years, my sisters and I have decided to close the doors of our DASH stores. We opened our first store as a family in 2006 and, since then, we have made so many lifelong memories,” the 38-year-old reality TV star wrote on her website.
“From opening locations in Los Angeles, Miami and New York, to having our ‘Dash Dolls’ spin-off show, it’s been such a huge part of our lives,” she added. “We’ve loved running DASH, but in the last few years, we’ve all grown so much individually.”
“We’ve been busy running our own brands, as well as being moms and balancing work with our families,” she continued. “We know in our hearts that it’s time to move on. We love our DASH Dolls and are so grateful for the amazing memories. And we have to give a special thanks to the DASH employees and all of the incredible fans and customers who have supported us throughout the years! We couldn’t have done it without you.”
The comments come after RadarOnline reported Wednesday that the Kardashian sisters were “bleeding money” from their Los Angeles shop.
“The girls, Kim, Khloe & Kourtney have decided to close DASH as it is time to renew our leases but we cannot commit to another 5 years. With that being said, operations will end May 31st,” an email from a DASH exec to the outlet read. “You can contact me anytime up to that date with any concerns, question, or inquiries.”
Their shop in New York closed in December of 2016. During an episode of “Keeping Up With The Kardashians” the sisters hinted that it was because of high rent costs, according to TMZ.