Marc Ecko is a Hip-Hop icon and he's an even better business man but not even his savvy can help him beat the injured economy. Hie Ecko clothing line is in....
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financial trouble due to the fact that the cost to run his stores and offices out weigh the lines sales in the past couple of years. One reason is because of the economy the other is because Ecko isn't as fashionable as it once was.

To relieve some financial strain Marc has sold his 275,000 square foot lavish office space that even included a basketball court. Freeing up $9 million a year which is what it cost to run that office alone. Last month, He also sold the Ecko trademark to Timex to continue the sale of his popular line of watches. Lastly he sold the right to his Avirex line to Kids Headquarters.

This isn't close to the end of Marc Ecko's reign. His Complex magazine & online site are flourishing and with this success and the financial cut backs he just made, there should be enough cash to hold off a bankruptcy but then again in this economy...Who knows.

I'll keep you posted on any further updates.


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