LVMH Designer Nigo Plans IPO of Streetwear Firm Human Made

A Human Made store in Tokyo.

Source: Human Made Inc.

Human Made Inc., the Japanese streetwear firm founded by celebrity designer Nigo, plans to raise about 2.7 billion yen ($18 million) in an initial public offering as the fashion company seeks to capitalize on rising global interest in Japanese culture.

The company’s existing shareholders will also sell about 14 billion yen worth of shares, Human Made said in a regulatory filing. The figures are based on an indicative price of 2,920 yen per share, it said on Thursday.