BAPE Now Co-Controlled by CVC Capital After a Completion of Investment

Since separating from Hong Kong’s I.T Limited.

Fashion 
12,583 Hypes 6 Comments

A Bathing Ape has now undergone the successful completion of investment from private equity firm CVC. Having over 90 companies worldwide, employing over 450,000 people, and having roughly $117.8 billion USD of assets under management, CVC is 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.

BAPE, and all of its sister brands — AAPE, Baby Milo, BAPE Black, and Mr. Bathing Ape, to name a few — are expected to expand in the China, U.S., and European markets both online and geographically. Yann Jiang, Director at CVC, said: “BAPE is an iconic brand with a loyal fan base that has defined the fashion industry with its premium streetwear designs. We are looking forward to bringing this exciting brand to more markets and new customers around the world.”

Sham Kar Wai, Chairman, CEO and co-founder of I.T Limited, commented on the agreement with, “I take great pride in the success of the brand to date, which has been thanks to the commitment of our leadership and staff. CVC is the right partner to support the transformation of BAPE as we focus on our long-term growth.”

In other fashion news, Etsy buys Depop for $1.6bn USD to tap Gen Z audience.

Read Full Article

What to Read Next

READYMADE and BAPE Collide for a Graphic Rich Collection
Fashion

READYMADE and BAPE Collide for a Graphic Rich Collection

Following their 2017 collaboration.

Dogecoin Co-Creator Says Cryptocurrency Is Now "Controlled by a Powerful Cartel of Wealthy Figures"
Tech

Dogecoin Co-Creator Says Cryptocurrency Is Now "Controlled by a Powerful Cartel of Wealthy Figures"

Jackson Palmer blasted crypto in a scathing Twitter thread.

Union to Celebrate 30th Anniversary With a Smorgasbord of Collaborative Partners
Fashion

Union to Celebrate 30th Anniversary With a Smorgasbord of Collaborative Partners

Featuring projects with the likes of Jordan Brand, Nike, Cactus Plant Flea Market, Off-White™ , ACRONYM and much more.


BAPE Celebrates 40th Anniversary of 'Star Wars: The Empire Strikes Back'
Fashion

BAPE Celebrates 40th Anniversary of 'Star Wars: The Empire Strikes Back'

Featuring apparel and Medicom Toy BE@RBRICK and VCD figures.

Nike Continues Anklet Details on the Air Max 90 "Have A Nike Day"
Footwear

Nike Continues Anklet Details on the Air Max 90 "Have A Nike Day"

What do you think about the “fun” detail?

'Gran Turismo 7' May Be Coming to the PlayStation 4 After All
Gaming

'Gran Turismo 7' May Be Coming to the PlayStation 4 After All

PlayStation Studios’ head Herman Hulst hinted at the possibility of a previous-gen release.

Daymak To Produce World's First Crypto-Mining Electric Car
Automotive

Daymak To Produce World's First Crypto-Mining Electric Car

Including Bitcoin, Dogecoin, Ethereum and Cardano.

'God of War' Sequel Pushed Back to 2022
Gaming

'God of War' Sequel Pushed Back to 2022

It’ll continue to follow Kratos and Atreus.

A$AP Rocky Reclaims Relationship With Sweden as Klarna's New Shareholder and CEO for a Day
Entertainment 

A$AP Rocky Reclaims Relationship With Sweden as Klarna's New Shareholder and CEO for a Day

“It’s a no-brainer.”


BROCKHAMPTON Unveils "DON'T SHOOT UP THE PARTY" Visual
Music

BROCKHAMPTON Unveils "DON'T SHOOT UP THE PARTY" Visual

The group will also release four additional ‘ROADRUNNER’ tracks on June 4.

YouTube to Livestream Coachella 2022
Music

YouTube to Livestream Coachella 2022

For those who can’t attend the revered music festival in-person.

A Closer Look at FUTURA's Largest Public Installation "FUTURALAND"
Art

A Closer Look at FUTURA's Largest Public Installation "FUTURALAND"

The installation will also feature special collaborative items with Off-White™, Billionaire Boys Club and SILLYTHING.

AMC Stock Surges 95% for a New All-Time High Share Price
Tech

AMC Stock Surges 95% for a New All-Time High Share Price

Shortly after announcing free popcorn to all retail investors.

The NFT Market Has Officially Crashed
Tech

The NFT Market Has Officially Crashed

After just four months.


More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.