BAPE sold for $2.8 Million

THIS IS SAD TO ME IN A COUPLE OF WAYS BUT THIS PRICE SEEMS LOW

Yes it’s True! Hong King’s I.T. bought 90% of A Bathing Ape aka BAPE for $2.8 million. The group plans to add NOWHERE and BAPE to their portfolio with NIGO remaining as creative director for two years to oversee the new direction. This could be a great move for BAPE, looking forward to seeing whats to come in the next couple of years.

17 Comments

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  1. AL Roberts says
    01 Feb 11, 10:46pm

    I could have copped the company for the LO!!!!!!!!!!! Ahhhhhhhhhhhhhhhh! SMH! That is sad.

  2. UK Ocean says
    01 Feb 11, 10:46pm

    No offence. But that figure must be wrong. And not being funny nor acting a fool, I wudda bought that for tht much. Figures are wrong for real. Let’s see if Nigo keeps the designs as creative as he has been doing. Sad times.

  3. vinh says
    01 Feb 11, 11:57pm

    Yeah NIGO needs to come up with some fresh

  4. nick leo says
    02 Feb 11, 12:36am

    also you need to think about BAPE is NOT mass distrubuted..its still hard to find and hard to get and crazy expensive…so this number seems right…but now we need to see what they do with the brand.

  5. Grace says
    02 Feb 11, 1:48am

    No way.

  6. pezo says
    02 Feb 11, 2:33am

    wtf nigo broke, he can’t be say it ain’t so

  7. Kellen says
    02 Feb 11, 4:05am

    I hope Nigo invested wisely. His crib is crazy, it’ll be interesting to see what they do with Bape.

  8. D-Mac says
    02 Feb 11, 4:31am

    damn!!! i know this had you like damn cuz u got bape errthing even toilet tissue lol. He sold it for damn near bum price seem like, interested in what direction they take it now

  9. reggie says
    02 Feb 11, 7:32am

    he should have crossed over to bigger sizes….he would have doubled his sales two times over.

  10. 02 Feb 11, 10:12am

    I think all things run it’s course… Great move for both. Now Nigo can start something fresh but the price did seem low to me.

  11. Lavish_P says
    02 Feb 11, 10:38pm

    hey just makes room for companies like Lavish Republic to make it in the fashion world

  12. james says
    03 Feb 11, 6:11am

    Wow that is low!

  13. 03 Feb 11, 9:08pm

    He must be cleaning up on stock.

  14. 04 Feb 11, 5:11pm

    Wow! dats krazy my nig

  15. diggiti says
    05 Feb 11, 12:53am

    2.8 Mil for this company show that NIGO doesnt care about it anymore

  16. 06 Feb 11, 4:19pm

    *sigh*. . . . . . . i was starting to feel the Supra TK’s “The Society” anyways. . .

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