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Agenda-setting intelligence, analysis and advice for the global fashion community.

Streetwear’s First IPO, Explained

Human Made shares begin trading in Tokyo on Thursday, a milestone in streetwear’s evolution from a subcultural trend to a mature fashion category.
Human Made's founder and creative director Nigo has been a seminal player within the streetwear industry since its very inception.
Human Made's founder and creative director Nigo has been a seminal player within the streetwear industry since its very inception.

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

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Further Reading

How BAPE Kept Its Cool for Decades

By staying true to its DNA, A Bathing Ape has managed to maintain its pull on shoppers even as it’s evolved from a cult streetwear label into a mainstream brand with a global footprint. Now it’s eyeing expansion in the US.

Can Korean Fashion Be as Big as K-Beauty, or K-Pop?

K-fashion made significant inroads in becoming a part of a global fashion conversation in 2025, with brands like Post Archive Faction and Gentle Monster grabbing attention. But scaling the category to become as big as other cultural exports remains challenging.

About the author
Lei Takanashi
Lei Takanashi

Lei Takanashi is a Correspondent at The Business of Fashion (BoF). He is based in New York City and covers menswear, streetwear, young consumer trends, and the intersection between fashion and culture.

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