I.T Hong Kong Purchase a 90% Financial Stake in A Bathing Ape

Hong Kong’s public traded fashion conglomerate I.T recently purchased a 90.27% stake in A Bathing Ape. In a transaction encompassing a relatively paltry $21,850,000 HKD (approx. $2,800,000 USD), I.T purchased a total of 668 shares. Exact details regarding the creative future and expansion of A Bathing Ape are unknown, however A Bathing Ape founder NIGO will remain on board as the Creative Director for the next two years.

Source: finet.net, Apple Daily

Read Full Article

What to Read Next

adidas Originals by Originals James Bond for David Beckham Forum DB
BEDWIN & THE HEARTBREAKERS 2011 Spring/Summer Collection
IOCOSE: Sunflower Seeds on Sunflower Seeds
Visions of Visionaries: jeffstaple
Kitsune x Pierre Hardy 2011 Spring/Summer Oxford
Further Reductions | Up to 70% Off SHOP NOW