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BMW and Louis Vuitton’s 2014 collaboration is reportedly considered the most sought-after brand collaboration ever. Through its research, women’s online retailer Public Desire determined the top 10 collaborations by analyzing various factors, including original price, resale value , price growth, accessibility, and public interest. According to information provided to AFROTECH™, the company then calculated a composite score for each collaboration, which was ranked in descending order based on its performance across these criteria. With a composite score of 98.0, the BMX x Louis Vuitton collaboration, which produced highly exclusive luxury luggage, had the highest growth in resale value. When BMW announced the collaboration, Adrian van Hooydonk, senior vice president of BMW Group Design, highlighted the use of CFRP (carbon fiber reinforced polymer) in the company’s i8 sports car as an example of its “intelligent lightweight construction philosophy.” “BMW and Louis Vuitton share both...
Pharrell Williams is in his restaurant bag. According to World Red Eye News, the award-winning producer and creative has partnered with Launchpad Hospitality Group to debut Nami Nori and Matsuyoi, two Japanese restaurants he collaborated on, in Miami’s Design District. Nami Nori blends effortlessly with its Miami setting, showcasing beachy vibes, airy interiors, and a menu of standout temaki rolls like X.O. scallops and spicy crab dynamite. Matsuyoi, on the other hand, offers a more intimate and moody dining experience. It features a seasonal multi-course menu focusing on temaki. The restaurants will eventually make their way to Williams’ hometown of Virginia Beach, VA, WRE News reported. In addition to Nami Nori and Matsuyoi, Williams has Swan, an indoor and outdoor restaurant and lounge he opened with David Grutman in 2018, also located in Miami’s Design District . The menu features seafood-centric small plates and locally sourced produce. “Designed around market-driven...
Nike, Inc . is one of the most iconic brands in the world, known for its athletic footwear, apparel, and sports equipment. As a publicly traded company, Nike’s market capitalization (market cap) serves as an important indicator of its size and economic standing within the global market. Market cap is calculated by multiplying a company’s current stock price by the number of shares outstanding. This value is used by investors to gauge a company’s overall worth in the market and can fluctuate based on stock price movements and overall market conditions. Understanding Market Cap Before diving into Nike’s current market cap, it’s important to understand what this metric represents. Market cap is one of the simplest and most commonly used measures to estimate the value of a company. It is broken down into three categories: large-cap, mid-cap, and small-cap, with large-cap companies like Nike representing those valued over $10 billion. A higher market cap generally indicates a more stable...
Louis Vuitton Moët Hennessy (LVMH) has sold Off-White LLC to brand management company Bluestar Alliance, marking a significant transition for the luxury fashion brand Virgil Abloh founded in 2012. Women’s Wear Daily reported that while the financial terms of the deal remain undisclosed, Bluestar CEO Joey Gabbay emphasized the company’s commitment to honoring Abloh’s legacy, fostering innovation, and embracing diversity. “Virgil was a creative pioneer who had a profound impact on the global fashion industry and creative community,” said Gabbay. “Acquiring Off-White represents a unique opportunity for Bluestar Alliance to honor and build upon the enduring legacy of Virgil Abloh.” Originally called “PYREX VISION” in 2012, Off-White — Abloh’s first official fashion venture — launched in 2013 and quickly became known for its unique blend of influences and signature designs. The brand was shortlisted for the LVMH Prize in 2015. Abloh died of cancer at the age of 41 in 2021. When the deal...
When people think about famous music artists, Michael Jackson has set the proverbial standard of how an album can have an impact. His impact is realized simply by asking the question, “What is their (insert artist) ‘Thriller?'” Because of that album’s massive influence and popular success, there is unspoken but loud pressure to create a musical body of work that can be unique and legacy-informing for artists. While some entertainers are still chasing a project like Jackson’s “Thriller,” the culture has agreed that some artists have accomplished that goal. Usher Raymond is among those, with the 2004 release of “Confessions.” Nurtured early in Chattanooga, TN, but cultivated in Atlanta, GA, Usher has been a consistent voice in music across decades. Although “Confessions” may be considered his defining album, Usher entered the music space with a self-titled project in 1994. However, his sophomore effort, “My Way,” captured the hearts of music listeners. From that point on, the...
Whenever Andre 3000 makes a rare appearance, you know it’s going to be good. Boardroom reports that the Hip-Hop icon is set to be the face of Supreme’s Fall/Winter 2022 collection. View this post on Instagram A post shared by Supreme (@supremenewyork) As previously reported by AfroTech, earlier this year Tremaine Emory was named as the streetwear brand’s creative director by its founder James Jebbia. Emory’s onboarding onto the team was the “first major creative appointment since Supreme was acquired by VF Corp for $2.1 billion in late 2020.” Previously, he has received co-signs from Kanye West, Lil Uzi, and more. “It’s an extremely exciting chapter for Supreme and this can only be a positive move – Tremaine will definitely bring something new and thoughtful to the brand that we haven’t seen yet,” Supreme collector and Jebbiah’s close friend Ross Wilson told British GQ at the time. Now, Emory is doing just that alongside Andre 3000. On Aug. 20, Supreme’s Instagram page posted the...
The beautiful Jordyn Woods continues to level up to greater heights, and, this time, she is adding the role of brand ambassador for Playboy’s Centerfold creator-led platform to her resume. Congratulations to @jordynwoods on becoming the first ambassador for Playboy’s centerfold platform 🤍 pic.twitter.com/hOnNg4lPDZ — MEFeater Magazine (@mefeater) June 23, 2022 Following its official launch in December 2021, Playboy Centerfold has taken off in a huge way. As previously reported by AfroTech, the brand tapped Cardi B as its first-ever creative director in residence. The purpose of the platform is to provide a way for “creators to interact directly with their fans” while also promoting “sex positivity.” It also made a promise to serve as “the next evolution of Playboy’s long history of the intersection of culture.” View this post on Instagram A post shared by HEIR JORDYN (@jordynwoods)
Cardi B made history when she became Playboy magazine’s first creative director in residence, AfroTech previously reported . Now, she is delivering on what she came there to do by reportedly taking the brand’s financial gains to the next level. Along with her position as creative director, she is also a founding member and the founding creative director of the Centerfold platform, which intersects both the culture and sex over at the brand that has captivated many for decades. It is a dedication to “creative freedom, artistic expression” as well as “sex positivity,” which makes Cardi the perfect person to lead the charge. View this post on Instagram A post shared by Cardi B (@iamcardib)
The impact of Lil’ Kim’s debut in Hip-Hop forever reigns. REVOLT reports that the rap legend’s capsule collection with Supreme sold out just minutes after it dropped on April 14. “Wowwww! Everything sold out in 2 and a half minutes! God is Good! Thank U so much for your support,” Lil Kim shared via Instagram, according to REVOLT. The collaboration between Brooklyn’s finest and the New York-bred clothing and skateboarding brand reportedly features a T-shirt, a short-sleeve button-down, and a skateboard. Covered on each item is Lil’ Kim’s iconic photo — taken by Michael Lavine — from the promotional poster for her debut album “Hard Core.” The shirt is also inscribed with “To Supreme, Love Lil Kim” on the front while the back has “Hot Damn Ho Here We Go Again” from “Quiet Storm (Remix)” — which is well known as one of the best verses of her career.
Salvatore Ferragamo is entering a new fashion era with its latest appointment. On March 14, the luxury brand onboarded Maximilian Davis as its new creative director, according to Robb Report. After initially being in the running for LVMH’s Prize for Young Designers to competitively showcase his talent, the British designer has signed on to an exclusive opportunity instead. “I am delighted to welcome Maximilian at the house of Ferragamo,” Ferragamo CEO Marco Gobbetti shared in a statement, according to Robb Report. “Through his lens of contemporary sensibility, he will write a new, exciting chapter for this house built on a heritage of creativity, craftsmanship, sophistication and outstanding human values.” The British designer, who has worked with the likes of Rihanna, Kim Kardashian, and Dua Lipa is set to bring his innovative ideas forward to pivot the longtime company to a more modern feel for today’s fashion world. View this post on Instagram A post shared by MAXIMILIAN...
Supreme announced a new creative director to oversee and lead its innovative vision for streetwear fashion in the right direction. The clothing brand has appointed Tremaine Emory — the founder of Denim Tears — for the role, in what Business of Fashion is calling its “first major creative appointment since it was acquired by VF Corp for $2.1 billion in late 2020.” Under his position, Emory will work with Supreme founder James Jebbia and the duo, as well as the design team, to keep streetwear front and center of the brand. “It’s a good move for Supreme,” Supreme collector and Jebbiah’s close friend Ross Wilson told British GQ. “When VF acquired the brand both parties promised the basic infrastructure, core team, and method of working would remain the same, so it’s good to see James sticking to his guns and bringing on board a close friend of the brand who gets it, rather than a corporate hire who doesn’t.” He continued: “Everything James Jebbia does is so carefully considered and this...
Cardi B and her inquisitive nature often spark topics of conversation on social media. For the latest trending topic, former Twitter CEO Jack Dorsey entered the chat with the rapper. On Dec. 20, Cardi B opened up the floor for her followers’ input regarding a question she had about cryptocurrency. “Do you think crypto is going to replace the dollar?” she wrote via Twitter. The tweet brought in a wave of responses including one from Dorsey.