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PacSun Reportedly Going Bankrupt — But Will Kendall & Kylie Jenner's Line Be Safe???

PacSun reportedly set to file for bankruptcy.

Looks like even Kendall and Kylie Jenner don't have the magic touch for PacSun!

The California-based surfwear company is reportedly filing for bankruptcy in the near future, possibly as soon as next week.

Related: Kylie's Lipstick Lab Gets Scrutinized

According to reports from Bloomberg, PacSun has experienced losses every year since 2008, while its stock shares have dropped a staggering 90 percent in the past year.

In fact, shares fell a further 78 percent at end of day on Tuesday in New York.

Unfortunately, the brand joins similar apparel companies like American Apparel and Quiksilver with this filing, which has been blamed on steadily declining retail sales.

We're not sure what this means for the Jenner sisters' deal with the company, or that lawsuit, but it's not like they don't have their own collection and a million other endorsement deals to fall back on!

They'll be fine.

[Image via PacSun]

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Kendall & Kylie Jenner Sued Over Their PacSun T-Shirt Slogan

Kendall and Kylie get sued!

Time to play armchair lawyer, Perezcious readers!

Kendall Jenner and Kylie Jenner, along with PacSun, are being sued for allegedly knocking off another brand's t-shirt slogan.

Related: Kendall & Kylie Celebrate Kim's Baby Shower

A Florida-based clothing manufacturer called Island Company has filed a lawsuit against the sisters and clothing retailer for using the phrase "Fall in love, never return" on one of their tank tops, which they claim closely mirrors their slogan, "Quit your job, buy a ticket, get a tan, fall in love, never return.

The full slogan on the Kendall & Kylie for PacSun shirt reads: "Run away, fall in love, never return."

See both tops (below).

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Kendall & Kylie Jenner Get Weird And Blow Things Up In Their Latest PacSun Commercial

Kendall and Kylie new PacSun ads.

We hope your Jenner fatigue hasn't set in yet! LOLz!

Kendall Jenner and Kylie Jenner's latest PacSun commercial and ads are here for your viewing pleasure!

[ Related: Kendall & Kylie Get Lunch In Style ]

The fall 2015 'Las Rebeldes' collection has a distinct Southwest-inspired vibe with lots of fringe, lace, embroidery, and flamenco-style hats.

And remember that creepy The Shining-esque video for their spring collection? This one might be even weirder.

Watch it (below) and check out the ads in the gallery (above)!

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Kylie Jenner Says She Isn't Recording An Album — Because She's Too Busy With THIS Venture!

Filed under: Business BlitzTwitterTopshopKylie JennerKendall JennerTygaKUWTK

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Well, that rumor was quickly debunked!

Last week, it was reported that Kylie Jenner might be recording a secret album with rumored boyfriend Tyga.

But as entertaining as that story arc footage would be to watch on Keeping Up With The Kardashians, the 17-year-old quickly put any thought of her musical debut to bed!

[ Related: Kylie Jenner Is TOTALLY Giving Tyga A Shoutout By Modeling A Pair Of His Undies On Snapchat! ]

The entrepreneur confirmed she was putting her creative energy into other efforts, sharing on her Twitter:

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PacSun Comes Under Fire Then Pulls A$AP Rocky's 'Disrespectful' American Flag Tee! See The Shirt HERE!

A$AP Rocky and PacSun get backlash for selling THIS tee! See it HERE!

A$AP Rocky is no stranger to controversy!

Over the weekend, the F*ckin Problems rapper spilled all the deets of his LSD-fueled orgies — and just in time for the release of his latest album, A.L.L.A.!

But that wasn't the only subject of debate regarding the 26-year-old.

[ Related: A$AP Rocky Makes A Splash In GQ ]

PacSun came under fire this Memorial Day weekend for selling a tee featuring the American flag printed upside down from their collab with A$AP Mob.

It wasn't until after a shopper spotted the tee in the window of one of their outlet stores in Alabama that customers demanded a boycott of PacSun for being "disrespectful" and "distasteful".

PacSun has since responded by removing the shirt from stores and online, and even issuing message to their Facebook page:

"As a retailer grounded in youth culture, PacSun values artistic and creative expression through the brands that we sell in our stores. Out of respect for those who have put their lives on the line for our country, we have decided to stop selling the licensed flag t-shirt and are removing it from our stores and website immediately. We thank the men and women in uniform for their extraordinary service."

While the shirt wasn't directly put out by Rocky, he definitely is the face of A$AP Mob. Though what's super interesting is that the collection hit stores nearly a year ago.

Seems the poor timing was what really pushed their customers.

Ch-ch-check out the offending tee (below) and let us know what U think!

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Kylie Jenner Kicks Off Her Road Trip To Coachella With Longer, Bluer Hair — Is She Traveling With Tyga!?

Filed under: CoachellaHairstylesKylie JennerInstagramTyga

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Blue hair, don't care!

We knew Kylie Jenner was going to this year's Coachella thanks to her fashion line with PacSun, and we're really liking her Day 1 outfit.

Okay, so Coachella doesn't really start until Friday, but Kylie was so excited, that she left for the music festival a day early on Thursday, but she may not have been alone!

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Kylie Jenner Teases Her Six Pack Thanks To A Teeny Tiny Crop Top In Los Angeles!

Kylie Jenner is abs-olutely ready for spring with this white hot look in Los Angeles!

Kylie Jenner and crop tops seem to go hand in hand, unlike her rumored boyfriend, Tyga, who keeps the PDA to a minimum, as in it's non existent.

But getting back on topic, the 17-year-old was spotted soaking in the rays (and showing off her six pack) in El Lay while promoting her latest PacSun collection on Sunday!

[ Related: Kendall And Kylie Jenner May Get Their Own Spin-Off Series ]

It's a considerably less frightening approach than her and Kendall Jenner's latest ad campaign, too! In fact, we'll take her white crop top and skinny jeans over that creepy commercial any day!

Of course, the whole look doesn't really hold a candle to her see-through ensem from last week.

Or do U disagree???

[Image via Michael Simon/PacSun.]

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