Times are tough, even when you're a Kardashian, it seems. This past year their family business has taken several major hits as the Kardashian Kollection ended up on Clearance racks in SEARS and some of their fragrances were yanked from shelves due to poor sales. On Wednesday MGM Resorts International spokesman Shant Apelian confirmed that Kardashian Khaos, a boutique in The Mirage Hotel and Casino in Las Vegas will be closing its' doors on Oct. 30.
The store opened in 2011 at the height of the Kardashian's popularity and was described as a 'celebrity lifestyle boutique'. Fans of the reality stars were able to buy key chains, water bottles and other novelty items that had been endorsed by the Kardashian sisters. Once in a blue moon Kim, Kourtney or Khloe Kardashian would turn up on site for a personal appearance to meet and greet fans.
It seems that the days of attaching the Kardashian name to anything and everything are long gone. While their endorsement used to mean big bucks for everyone in on the deal, the Kardashian name isn't carrying nearly as much weight as it used to. Their reality show, Keeping Up With the Kardashians currently has mediocre ratings at best and their projects simply aren't selling like they used to.
While the family is known for providing scripted drama for its show the truth is, there has been been tons of real life scandal swirling around almost every family member for years now. It was only a matter of time before negative press or drama that doesn't sync with what the cameras capture would start to drag down the family empire.
Do you think that Kardashian Khaos will be the only store that ends up closing its' doors to save the family money?
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