Quite a few people have noticed the move of the well known and loved BAPE store off Carnaby Street, which people used to queue outside for hours on the day a new line was being released. The BAPE lines have now been moved to pop-up stores in Dover Street Market, a place not many of the regular customers are all too comfortable visiting. As well as this, another Japanese street wear brand, Neighborhood, has been taken off the rails at well-known store, The Hideout.
This is mainly due to the decreasing value of the pound in comparison to the Yen. That’s good news for Japanese property investors looking to buy over here, but bad news for their factories and employees.
The main worry here is what looks to be one of the first obvious signs of the economic crisis hitting the creative centre of London.
[via Renaissance Chambara; image via Unflappable]
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Times they are a changn,
This is when brands are tested the most. Stay strong pony boy.
April 8th, 2009 at 6:13 pm
Hey there, this is interesting. Can you say some more about the “creative centre” bit?
April 9th, 2009 at 5:57 am
I always loved how it was right next to a Greggs…
April 9th, 2009 at 10:25 am
Seriously, I’d like to know more about what you mean by “creative centre”.
April 14th, 2009 at 5:57 pm
Sorry… Didn’t mean to not come back to you on this one, comment got stuck in my folder… So basically, I am referring to Soho, which is where Maharishi, BAPE, Hideout etc all were, meaning Soho has a creative centre to it. Does this help or am I still making no sense?
April 15th, 2009 at 4:36 am