Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Nigo, the man that basically is streetwear label BAPE, is "stepping down as president and director of the brand... Nigo said he will continue as the majority owner of Nowhere Co., Ltd., A Bathing Ape’s parent company. He will also continue as the designer of A Bathing Ape (also known as Bape) as well as his partnership with singer/producer Pharrell Williams in the Billionaire Boys Club and Ice Cream brands, where he is co-owner and head designer." [WWD, subscription req]