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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...
Jaden Smith, the son of Hollywood icons Will Smith and Jada Pinkett Smith , has built his own legacy as an actor, musician, and entrepreneur. While he balked at the idea of public schooling previously, that hasn’t stopped him from making a name for himself both in his family’s industry of entertainment, and in his own business ventures. Currently, he’s using his entrepreneur’s spirit to improve the world as he sees it, painting himself as a philanthropist as well. However, as a businessman, philanthropist and actor at the young age of 26 (and while having famous parents and a just-as-famous sister ), what is Jaden Smith’s net worth? Acting Career Smith made his acting debut alongside his father in the critically acclaimed film, The Pursuit of Happyness in 2006. His role as Christopher Gardner Jr., the son of a struggling salesman, garnered widespread recognition for his acting abilities at a young age. This performance opened doors to other significant acting roles, such as the...
Google has convened at one of the yearly hot spots for art and thoughtful conversations. To celebrate Art Basel/Miami Art Week 2024, Dec. 2 – 8, many are gathering in Miami, FL, to view the works of artists from all over the world. Kicking it off on Monday, Dec. 2, ELLE Magazine Editor-At-Large Hassan Pierre; Senior Director, Global Consumer Marketing, Commerce at Google, Stephanie Horton; and journalist Lola Ogunnaike hosted an intimate conversation with multidisciplinary artist Derrick Adams, in celebration of the week, and his partnership with Google Shopping at the Matador Room inside The Miami Beach EDITION hotel. Photo Credit: Matteo Prandoni / BFA.com | Editor Credit: Brendon Cook / BFA.com | L-R: Hassan Pierre, Stephanie Horton, Lola Ogunnaike, Derrick Adams Also in attendance were artist Mickalene Thomas; interior designer Sasha Bikoff; Carmen Busquets (founder of Net a Porter); Jasmine Wahi (founder of Project for Empty Space); and broadcast journalist Cari Champion, among...
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...
Disruptors, in the evolutionary sense of the word, are people who have abandoned the status quo. They thrive in their differences and are typically unbothered by the societal boundaries designed to box them in. There are countless examples of these people in the world, but one clear example is Tyler, the Creator. Evidenced by his stage name, Tyler Gregory Okonma is a California native and award-winning producer and musical artist. He burst onto the scene co-founding the Hip-Hop collective Odd Future and releasing his debut mixtape 2009, titled “Bastard.” However, it was in 2011 when he released his first studio album, “Goblin,” that he started getting noticed. Reflecting, he acknowledged his musical growth and was honest about his work then. In a conversation on the “Rap Radar Podcast,” Tyler was pretty candid that while his lead single, “Yonkers,” is still one of his favorites, the album itself was not his favorite body of work. “Bro, ‘Goblin’ is f-cking terrible, but I still love...
The untimely passing of Florence “Flo-Jo” Griffith Joyner was a tough loss in the sports industry, especially for her husband Al Joyner. In remembrance of his late wife, the track and field Olympian recently received a special surprise. Atlanta Black Star reports that “Storage Wars” host Rene Nezhoda gave Joyner the opportunity to buy back Flo-Jo’s memorabilia. After buying the rare items from the owner of Bargain Hunters thrift store, Nezhoda’s initial plan was to put the items up for auction. According to the TV star, many of Flo-Jo’s family members and friends reached out to him, which resulted in him ultimately making a deal with Joyner. “I want to be very clear. This is not charity; I am making a profit. Al knows what I paid for it and he is the only person that knows what I paid for it,” Nezhoda stated, according to Atlanta Black Star. “I told him the profit I want to make. It’s like a track runner, you want to win.” He added: “We worked out a deal where I can give it back to...
Childhood memorabilia of Tupac has been placed on the online market. Forbes reports that the rare “Haiku” is one of the late rapper’s “earliest pieces of writing ever recorded, and is the first of his manuscripts to come to market outside of his already rare personal correspondence.” On March 23, his early body of work from the age of 11-years-old went up for auction on Sotheby’s with bids looking to reach about $300,000. The sale is their second Hip-Hop themed auction, which includes collected items from late rapper Biz Markie and DJ Jazzy Jay.
If Michael Jordan’s name is attached, the money trail will certainly follow! Yahoo Sports reports an unused ticket for the NBA goat has sold for a whopping $468,000 by t he owner of the hidden gem, Mike Cole, in a recent auction. The Maryland native was given two tickets by a family friend to attend Michael Jordan’s debut game against the Washington Bullets in 1984. Unable to give away the additional ticket, Cole stored the unused ticket stub alongside other sports memorabilia in his basement for nearly three decades. It was not until Cole stumbled across a story about a record-breaking sale for Michael Jordan’s first NBA game that he realized he was sitting on a pot of gold. Cole then went to his basement to find the unused ticket in a container titled “Mike’s memories.” And, what’s more, Cole told Yahoo Sports he would have been happy to receive $500 for the ticket. “I’m a huge sports fan, and I enjoy keeping tickets as memories of good times I’ve had,” Cole said, according to...
Since fly kicks have been ingrained in the culture forever, it’s only right that there’s an investment into the community known for making shoes pop! With that said, today, Designer Brands has announced that it will invest a total of $2 million “into advancing action-oriented Diversity, Equity & Inclusion.” The parent company of the renowned shoe retailer, DSW Designer Shoe Warehouse will partner with Pensole along with iconic footwear designer, Dr. D’Wayne Edwards, President of Pensole Lewis College of Business and Design (PLC), to bring more inclusivity to the footwear industry per PR Newswire. “The footwear industry needs more diversity. The partnership we are entering into with Designer Brands and DSW is a new business model that truly empowers the consumer to influence the industry toward that goal,” said Dr. Edwards in an official statement. “Together with Pensole, Designer Brands and DSW will provide designers opportunities to offer new products directly to consumers. Along...
Over the past two weeks, sneakerheads and Virgil Abloh fans have placed their bids to get their hands on the Louis Vuitton x Nike Air Force 1 sneakers — the exclusive collaboration created prior to the Off-White designer’s passing in November 2021. AfroTech has shared reports on the custom shoes from when they were initially in the process to be put up on Sotheby’s website, which was Jan 26. On Feb. 8, the auction closed and sale prices are now being revealed, Hypebeast reports.
Business has been booming in the world of non-fungible tokens (NFTs), but lawsuits have been filed over them as of late. On Feb. 3, Nike sued StockX, an online marketplace, for selling unauthorized NFTs of Nike sneakers, according to Reuters. According to the outlet, the federal complaint includes that the actions of StockX started in January of selling over 500 Nike-branded NFTs with “inflated prices and murky terms of purchase and ownership.” “Nike did not approve of or authorize StockX’s Nike-branded Vault NFTs,” the complaint reads. “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks.” Nike is also accusing StockX of telling buyers they would be able to redeem the tokens for physical versions of the shoes “in the near future.” The sneaker giant’s intent for filing the lawsuit is for StockX to no longer sell or promote its Vault NFTs that use its trademarks, as well as for...