[Wongtouski]

http://www.freshnessmag.com/2011/02/01/breaking-news-hong-kongs-i-t-buys-90-of-a-bathing-ape-for-2-8-million/

I.T. spent a cool 2.8 mil US to buy 90% of Bape's parent company......

[Tim Budong]

sourced also here http://ax3battery.com/2011/01/31/i-t-acuires-nowhere-co-including-various-branches-of-a-bathing-ape/

at the same time, Nigo's been runnin around avoiding Japanese law enforcement for tax evasion so im not surprised. Bape has lost a lot of "hype" over the past 6years anyways.

[Wongtouski]

^ And from what I can surmise from walking in the Bape shop, or seeing what type of people are wearing Bape, Bape is going to be (even) bigger in China, Fob kids are just starting to catch on.

[Manic!]

2.8 mill that's it? Something fishy must be up.

[TRDood]

2.8 mil for the BAPE brand or just the HK outlet?

It's not a lot of money considering the brand and prices they charge.
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[Wongtouski]

2.8 mil for the BAPE brand or just the HK outlet?

It's not a lot of money considering the brand and prices they charge.
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Whole shebang, they bought 90% of the shares of the parent company NOWHERE.

Where's Nigo gonna get his money for his Star Wars collection now LOL.

[Tim Budong]

the purchase is for majority stake in the company. so EVERYTHINg

ITHK is the distributor of bathing ape and all its products/sub brands in HK and greater china.

[Xnova86]

Hongers killed the BAPE brand.


True Story

[geeknerd]

only 2.8mil? thats like the lower end cost of houses in west van. lol

[Tim Budong]

Hongers killed the BAPE brand.


True Story

pretty much true, the brand lost the exclusive tag once MILKmagazine(part of ITHK) whored the hell out of it

[bcedhk]

I liked Bape's simple designed hoodies, but shit went to wack when they started using all these flashy colours and dumb animal prints.

I bought some I.T. stocks today, pretty sure it will go up since all the hongers will start buying Bape like mad again

[RevRav]

Hongers killed the BAPE brand.

True Story

Maybe that will change if they get Edison to promote for them :troll:

[MelonBoy]

I liked Bape's simple designed hoodies, but shit went to wack when they started using all these flashy colours and dumb animal prints.

I bought some I.T. stocks today, pretty sure it will go up since all the hongers will start buying Bape like mad again
http://www.hypebeast.com/image/2008/03/bape-panda-hoodie-1.jpg

I like the animal print haha :D well at least this one.. not to out there but pretty dope..

[Xnova86]

^cuz youre a honger son!

[Vansterdam]

Haha bape = hongers
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[q0192837465]

Never caught on to the whole bape/bro hype. Back in the days it was something like 700hkd for a t-shirt. That's a bit ridiculous.
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[Greenstoner]

too damn flashy ... asian version of ed hardy

[marc0lishuz]

Hopefully there will be less of this shit...

http://richoff.com/wp-content/uploads/2009/06/mercedes-benz-amg-300sl-nigo-1.jpg

http://richoff.com/wp-content/uploads/2009/06/nigos-bugatti-veyron.jpg

http://richoff.com/wp-content/uploads/2009/06/bape_phantom.jpg

http://www.luxurylaunches.com/2009/08/11/2_camoferrari-597x381-custom-thumb-450x287.jpg

[El Bastardo]

HAHAHAH What the fuck is that?

[drunkrussian]

Bape is no longer big in the west, but because Hong Kong people are obsessed with Japanese fashion and culture, i see this getting even bigger in Hong Kong than it currently is - so good move i guess.

[unit]

i thought it was cool for about a month

[StaxBundlez]

whaaa... that's all it was worth??

[shenmecar]

oh those cars are ghastly.

[m4k4v4li]

shit thats fkin cheap

[JSALES]

the only bape hoodie i've ever wanted was the black tiger one. other than that, no thank you

[- kT]

the only bape stuff i would touch would be the recent stussy x bape stuff. all the other shit (allover print, full zip hoodies with sharks, pandas, whatever on them) is just tacky and disgusting

[CKLCKL]

those cars are hideous

[wobuffet]

$2.8 mil HKD :troll: