Rob Kardashian Was Forced to Sell His Sock Line to His Mom Kris Jenner
Socks may be a viable business venture for Rihanna, but Rob Kardashian wasn't so lucky with his Arthur George line. As it turns out, Rob is in major financial trouble right now and business can't boom because of all his legal issues with Blac Chyna. Thankfully, though, he has a loving mom who is willing to save her baby boy from sock company hell.
What happened was this: Rob was apparently $300K in debt and was forced to sell half of the company to his mom in order to keep it afloat. The court docs put a cute little spin on it though. The official word is Kris Jenner "infused it with capital...and from her infusion gained a 50% share in the company."
So where did it all go wrong? You can be the judge on whether or not his luxury sock line was doomed from the start, but what really compromised Rob's business, according to Rob, was his constant legal drama with Chyna. In July 2017, Rob posted nude photos of Blac on Instagram, then she got a restraining order against him, and now he apparently wants to lower his $20K child support payments to her.
According to The Blast, Rob said the restraining order made it hard for him to promote the sock line on social media, which he said made a negative impact on his revenue. The court documents reportedly state:
Previously, the line's success was in large part due to my regular posting and general promotion on social media. Angela's request for a restraining order against me includes various prohibitions on what I could post online. In order to avoid any potential future issues, I nearly eliminated my social media presence.
This isn't the first time Kris took over one of her kids' businesses. In May, she totally overhauled Kylie Cosmetics with an edgy new look and glamour shots of herself. An icon, really. As the saying goes, her kids work hard, but Kris works harder at taking over their businesses!
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