BAPE NYC Shows Off Some Of Their Latest Drops

Nigo may have sold off the BAPE brand earlier this month, but the brand continues on ... and so does it's NYC retail location. The folks over at KarmaloopTV recently visited the A Bathing Ape NY location in SoHo to check out some of their latest, in-store drops. In this short clip, a BAPE rep shows off some new items and faves, including BAPE iPhone 4 stickers and cases, and some new boots. BAPE NYC will be debuting some other new stuff in March...

BAPE Sold To Chinese Apparel Maker For Just $2.8 Million

Influential Japanese-born streetwear brand, A Bathing Ape (aka BAPE), was acquired by a Chinese apparel maker, the latest in the growing wave of acquisitions of Japanese firms by their Asian competitors, reports the Wall Street Journal. Hong Kong-based, I.T Ltd., is set to purchase an approximately 90% stake in Nowhere Co., the Japanese operator of BAPE, for a reported 230 million yen (or $2.8 million at current exchange rates)...