A Bathing Ape has now undergone the successful completion of investment from private equity firm CVC, looking to accelerate BAPE’s global expansion. With the official delisting of I.T from the Hong Kong Stock Exchange, BAPE went on to become an independent company, but will now be co-controlled by CVC with its recent investment into the fashion brand.
Read MoreMulti-fashion player VF Corporation and streetwear brand Supreme announced that they have signed a definitive merger agreement. VF is buying Supreme from private equity firm Carlyle Group and investors including Goode Partners. The Carlyle Group paid USD 500 million in 2017 for a roughly 50% stake in the fashion brand, an investment that could double in value based on the latest transaction. VF jumped the most in 33 years after agreeing to buy Supreme for USD 2.1 billion to bolster its portfolio of apparel and footwear brands. The cash transaction is expected to be completed by year end and marks VF’s largest acquisition since it bought Timberland in 2011 for USD 2.3 billion.
Read MorePalace Skateboards' tri-ferg logo has fast become one of the most instantly recognizable and highly-coveted emblems in the streetwear world. Much like Supreme's Box Logo and BAPE's Ape Head, the London brand's icon has made its way onto everything from tees to duffel bags.
Read MoreAfter Louis Vuitton’s men’s Spring Summer 2020 show, Virgil Abloh appeared in front of the cameras in an unexpected electric blue Arc’teryx Rush Jacket underlining the boundary-blurring between sport and fashion, between performance and lifestyle, and bringing outerwear, luxury fashion and streetwear under one umbrella.
Read MoreCompanies like Rapha, Ryzon, or Soho House have managed to create communities that speak to the human need for belonging. From nature, us humans are social species. People desire an identity and are motivated to become part of a community.
Read MoreSupreme founder James Jebbia has confirmed that the labe has sold a stake in the company to private equity firm The Carlyle Group. “We are a growing brand, and to sustain that growth we have chosen to work with Carlyle, who has the operational expertise needed to keep us on the steady path we’ve been on since 1994,” said Jebbia in an exclusive statement to The Business of Fashion.
Read MoreFrom 1971 to the early 2000s, Osti was responsible for a catalogue of brands including from C.P. Company to Stone Island and Supreme to NikeLab. His work remains embraced by industry fixtures. For many, sporting a Stone Island badge on their left arm or wearing a C.P. goggle jacket still symbolizes a commitment to substance over hype. “I design clothes for a man who travels across the planet, through different environments; nature, traffic, pollution, the urban adventure,” said Osti. “I’ve always thought that my clothes had to respond to real needs.”
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