Japan's Streetwear Veteran Nigo Takes over at Kenzo

Nigo is the first Japanese person to lead Kenzo since its founder left in 1999. Dimitrios Kambouris GETTY IMAGES NORTH AMERICA/AFP/File
Nigo is the first Japanese person to lead Kenzo since its founder left in 1999. Dimitrios Kambouris GETTY IMAGES NORTH AMERICA/AFP/File
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Japan's Streetwear Veteran Nigo Takes over at Kenzo

Nigo is the first Japanese person to lead Kenzo since its founder left in 1999. Dimitrios Kambouris GETTY IMAGES NORTH AMERICA/AFP/File
Nigo is the first Japanese person to lead Kenzo since its founder left in 1999. Dimitrios Kambouris GETTY IMAGES NORTH AMERICA/AFP/File

Streetwear pioneer Nigo was named Wednesday as the new artistic director of Kenzo, luxury group LVMH announced Wednesday.

Known for his celebrity collaborations, Nigo takes over from Portuguese designer Felipe Oliveira Baptista, who quit the post in June after just two years.

Kenzo was founded in 1970 by Japan's Kenzo Takada, who died from Covid-19 complications in October.

Nigo, real name Tomoaki Nagao, made his name with his label A Bathing Ape, or BAPE, in the 1990s -- its marriage of streetwear and high fashion making it precursor to brands like Supreme.

He has partnered with big names like Pharrell Williams, Kanye West, Coca-Cola and Adidas -- and last year released a men's collection with Virgil Abloh of Louis Vuitton.

In the statement announcing his appointment, Nigo noted the parallels with the founder of Kenzo.

"I was born the year that Kenzo Takada opened his first shop in Paris. We both studied at the same school of fashion in Tokyo. In 1993, the year that Kenzo joined the LVMH group, I began my career in fashion," he said.

"Bringing to life the spirit and savoir-faire of Kenzo Takada to create a new Kenzo is the biggest challenge in my 30-year career," he added.

Sidney Toledano, CEO of LVMH's fashion section, welcomed the "arrival of an extremely talented Japanese talent" that will open "a new page in the history of the house".



Ralph Lauren Hikes Annual Sales Forecast on Strong Demand for High-end Apparel

A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, US, April 4, 2017. REUTERS/Brendan McDermid
A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, US, April 4, 2017. REUTERS/Brendan McDermid
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Ralph Lauren Hikes Annual Sales Forecast on Strong Demand for High-end Apparel

A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, US, April 4, 2017. REUTERS/Brendan McDermid
A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, US, April 4, 2017. REUTERS/Brendan McDermid

Ralph Lauren raised its annual sales forecast after topping quarterly revenue estimates on Thursday, on steady demand for its cable-knit sweaters and Oxford shirts in North America, Europe and China, sending shares of the company 6% up in premarket trading.
Wealthy customers continue to splurge on high-end leather handbags and Polo sweat-shirts, boosting demand across Ralph's direct-to-customer channels and helping it counter a muted wholesale business and soft e-commerce sales in North America.
The results are in contrast to a pullback in the broader luxury sector, primarily in the key China market, which has hurt larger European fashion houses such as Hugo Boss, Kering and luxury bellwether LVMH.
The Club Monaco owner now expects fiscal year 2025 revenue to increase about 3% to 4% compared with a prior forecast of a 2% to 3% rise.
The luxury retailer's net revenue rose 6% to $1.73 billion in the second quarter ended Sept. 28 from a year earlier. Analysts on average had expected revenue of $1.68 billion, according to data compiled by LSEG.