{"id":25485,"date":"2011-02-02T12:14:35","date_gmt":"2011-02-02T11:14:35","guid":{"rendered":"http:\/\/www.blackouthiphop.com\/?p=25485"},"modified":"2011-02-02T12:14:35","modified_gmt":"2011-02-02T11:14:35","slug":"hong-kongs-i-t-set-to-buy-japans-bape-brand","status":"publish","type":"post","link":"https:\/\/blackouthiphop.com\/blog\/hong-kongs-i-t-set-to-buy-japans-bape-brand\/","title":{"rendered":"Hong Kong&#8217;s I.T Set To Buy Japan&#8217;s BAPE Brand"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" data-attachment-id=\"25486\" data-permalink=\"https:\/\/blackouthiphop.com\/blog\/hong-kongs-i-t-set-to-buy-japans-bape-brand\/nigo-beijing-bape-store-beijing-opening\/\" data-orig-file=\"https:\/\/i0.wp.com\/blackouthiphop.com\/blog\/wp-content\/uploads\/2011\/02\/nigo-beijing-bape-store-beijing-opening.jpg?fit=540%2C310&amp;ssl=1\" data-orig-size=\"540,310\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1293644083&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;50&quot;,&quot;iso&quot;:&quot;320&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"nigo-beijing-bape-store-beijing-opening\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/blackouthiphop.com\/blog\/wp-content\/uploads\/2011\/02\/nigo-beijing-bape-store-beijing-opening.jpg?fit=540%2C310&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/blackouthiphop.com\/blog\/wp-content\/uploads\/2011\/02\/nigo-beijing-bape-store-beijing-opening.jpg?fit=540%2C310&amp;ssl=1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-25486\" title=\"nigo-beijing-bape-store-beijing-opening\" src=\"https:\/\/i0.wp.com\/blackouthiphop.com\/blog\/wp-content\/uploads\/2011\/02\/nigo-beijing-bape-store-beijing-opening.jpg?fit=640%2C310&#038;ssl=1\" alt=\"\" width=\"640\" height=\"310\" \/><\/p>\n<blockquote><p>I can\u2019t say many of us weren\u2019t taken off guard last year when the A Bathing Ape store closed in L.A.  It hadn\u2019t been open for more than 2 years, and then suddenly it vanished.  Although not necessarily a pioneer of the streetwear movement, but undoubtedly a catalyst, Bape\u2019s presence and impact have reverberated throughout young men\u2019s fashion for the past decade and a half.  The all-over-print hoodies, the trademark camo, Bape STA sneakers,.. they all amounted to a hype-fueled limited-edition craze, as evidenced by their impressive store lineups and the celebrities who pimped the apparel.<\/p>\n<p>This news started making the rounds yesterday night, but apparently I.T. (speaking of Hong Kong) has bought Nigo\u2019s label for $2.8 Million.  That number doesn\u2019t exactly add up, perhaps there were debts to pay, who knows really.. but I think it\u2019s a significant bookend to a longstanding legacy. What does this mean for streetwear, and what does it mean for the direction of limited-edition menswear?  Furthermore, the fact that a Chinese company has swallowed up a Japanese brand is also a telling message as to where the global economy and marketplace stand.<\/p><\/blockquote>\n<p>You can find out more information about the sale in an article on the <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703445904576117570521466098.html#articleTabs=article\" target=\"_blank\">Wall Street Journal<\/a>.<\/p>\n<p>Via <a href=\"http:\/\/thehundreds.com\/\" target=\"_blank\">THE HUNDREDS<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I can\u2019t say many of us weren\u2019t taken off guard last year when the A&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","jetpack_post_was_ever_published":false,"cybocfi_hide_featured_image":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25485","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pG6fW-6D3","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/posts\/25485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/comments?post=25485"}],"version-history":[{"count":0,"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/posts\/25485\/revisions"}],"wp:attachment":[{"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/media?parent=25485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/categories?post=25485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blackouthiphop.com\/blog\/wp-json\/wp\/v2\/tags?post=25485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}