LVMH Acquires Majority Stake In OFF-WHITE™
Luxury conglomerate LVMH has just announced that it is set to acquire a majority stake in Off-White™ LLC. The founder and CEO, Virgil Abloh will uphold 40 percent interest in the company besides keeping his current role, with LVMH obtaining a 60 percent stake. In…
LVMH-Backed Private Equity Firm Buys Birkenstock
After some news articles about a potential takeover recently, Birkenstock has finally shifted ownership. The previously family-owned business has now found a home with L Catterton, a private equity firm backed by Bernard Arnault and LVMH. The deal is speculated to be around €4 billion…
Supreme’s New Drop Is An Ode To “The Prince Of Prints”
Rumors about a potential Supreme x Emilio Pucci Collab have been spinning during recent weeks. Now, it’s been verified with a release date on June 10. Both brands confirmed the news on Instagram following growing leaks from industry insiders. So, Supreme’s Milanese flagship might be…
How Birkenstock Became a Luxury Target
The brand responsible for fashion’s original ugly shoe might soon be receiving some luxury pampering if everything goes well. There is news that L Catterton, the private equity firm is now looking to acquire Birkenstock. The private equity firm’s shareholder list includes some fancy names…
RIMOWA creates “Desert Rose” and “Cactus” colorways for the Essential collection
RIMOWA has dropped an all new colorway for the Essential range, Desert Rose and Cactus, inspired by the North American Mojave Desert. The brand continues to follow LVMH’s direction with their exquisite collection of trunks and other essentials. The collection draws inspiration from The driest…
Hype Ryno is set to Re-define Indian Sneaker Market as we know it
At a time when the sneaker game is rapidly gaining popularity, and more and more resellers and collectors are becoming a part of this ecosystem, The lack of a proper Authentication system and resale forums have caused inconvenience to a lot of enthusiasts; but not…
Upcoming Yeezy Releases For 2022
As we step into 2022, the past year hasn’t exactly been a cakewalk. The virus continues its presence with habitual lockdowns and strict norms all over the country. Despite this, the sneaker culture slowly but surely experienced a good number of new collaborations, album releases,…