PHENOMENON & SWAGGER Designer Takeshi Osumi aka Big-O Files for Bankruptcy Protection

According to Empire Data Bank of Japan, Japanese fashion brand PHENOMENON and SWAGGER designer

Fashion
2.4K 0 Comments

According to Empire Data Bank of Japan, Japanese fashion brand PHENOMENON and SWAGGER designer Takeshi Osumi has filed bankruptcy protection for both himself and the brands. Despite ¥1.3 billion JPY worth of sales since 2007 (approximately $10.8 million USD), sources point to rising costs for shipping as well as cash-flow deterioration as reasons for filing. As it stands, both brands are currently in ¥47 million JPY-worth of debt (approximately $508,000 USD) as of this reporting.

Read Full Article

What to Read Next

Joey Bada$$ Returns to Twitter
Music 

Joey Bada$$ Returns to Twitter

As you should know by now, Joey Bada$$ stepped away from his Twitter-account after a Lil B-related
By /
233   0 Comments
Stussy Deluxe 2013 Spring/Summer Lookbook
Fashion

Stussy Deluxe 2013 Spring/Summer Lookbook

Following on the heels of the recently released Stussy lookbook for the corresponding season, the
By /
563   0 Comments
40 oz NYC "Numbers" Snapback
Fashion

40 oz NYC "Numbers" Snapback

Having produced limited edition caps in the past inspired by luxury brands like Givenchy and
By /
2.0K   0 Comments
Ryan Hemsworth – Lucky Me x Rinse FM Mix
Music 

Ryan Hemsworth – Lucky Me x Rinse FM Mix

Canadian producer/DJ Ryan Hemsworth continues to build up his momentum with this extensive mix for
By /
161   0 Comments
Hater Snapback 2013 Collection
Fashion

Hater Snapback 2013 Collection

Hater Snapback introduces its 2013 range, representing the culmination of worldly influences and
By /
2.3K   0 Comments
Boris Bidjan Saberi x Linda Farrow Shutter Sunglasses -- A Closer Look
Fashion

Boris Bidjan Saberi x Linda Farrow Shutter Sunglasses -- A Closer Look

Inspired by “the freeze of Arctic landscapes,” Boris Bidjan Saberi created shielding frames for
By /
987   0 Comments
Lana Del Rey - Summertime Sadness (Twinsmatic Remix)
Music 

Lana Del Rey - Summertime Sadness (Twinsmatic Remix)

A week ago we heard Monsieur Adi’s rendition of Lana Del Rey’s “Summertime Sadness.” Today, another
By /
249   0 Comments
Frank Cover Zippo by RIMO from mocrock
Fashion

Frank Cover Zippo by RIMO from mocrock

An independent, internationally recognized media firm, Frank151 is known best for publishing FRANK
By /
1.0K   0 Comments
Berthold 2013 Fall/Winter Collection
Fashion

Berthold 2013 Fall/Winter Collection

“What I do is not about completely reinventing menswear,” London-based designer Raimund Berthold
By /
348   0 Comments
New Kanye West Album on the Horizon?
Music 

New Kanye West Album on the Horizon?

Well, the rumors have been ongoing. But now it seems that we have the first real indicator that
By /
146   0 Comments
More ▾