ONLY $2.8 MILLION

Hong Kong's fashion group I.T has just purchased 90% NOWHERE Corp., the parent company to BAPE, for a mere $2.8 million.


Considering A Bathing Ape is a global brand movement, this low purchase has shocked many, including myself.


Even though Nigo is signed on as Creative Director for the next 2 years, only time will tell wether BAPE will grow or fall.. I'm guessing a downward spiral from here.