Streetwear’s First IPO, Explained | BoF

Japanese streetwear brand Human Made just released its biggest drop yet: an initial public offering on the Tokyo Stock Exchange.

The clothing label by BAPE-founder and current Kenzo creative director Nigo, which also boasts Pharrell Williams as its second-largest shareholder and creative advisor, is anticipated to raise 17.8 billion yen ($115 million). It marks the first time a streetwear clothing brand has gone public and is the first major fashion IPO since Montreal’s Groupe Dynamite in…