Majority Stake.
L Catterton, a private equity firm directly backed by LVMH, has acquired a majority stake in Kapital. 2025 was projected by experts to be a big year for Japanese denim retailers, and this acquisition is a step in that direction.
The firm’s website was the breaking source for this news, although the exact figure has yet to be disclosed. Their partnership was announced just ahead of Kapital’s 40th anniversary, which falls in 2025, and just under a year since their founder, Toshikiyo Kirata passed away.
Kapital was founded in 1985 in Kojima, a region in Japan’s Okayama district, which is widely regarded as the birthplace of Japanese denim. Hirata founded the denim label first in 1948 while he practiced as a karate teacher in the US. He was also one of the first Japanese collectors who came to America in search of vintage denim.
Continue checking PAUSE to catch Kapital’s first collection under L Catterton.
