LVMH’ L Catterton acquires majority stake in KAPITAL

KAPITAL was formally founded in 1985 in Kojima, the district in Japan’s Okayama prefecture known as the birthplace of Japanese denim. Hirata-san first founded the denim label in 1948 while living in the United States as a karate teacher, heavily inspired by the American denim aesthetic. He was one of the early Japanese collectors who traveled to America at the time in search of “vintage gold” and went on to study denim-making techniques in Kojima in the ’80s.