According to multiple media reports, L Catterton, the private equity fund owned by LVMH, has acquired a majority stake in Japanese streetwear brand Kapital. Details of the deal, which was completed in 2024, have not been disclosed. Founded in 1984 and headquartered in Okayama, Japan, Kapital is known for its unique design style and exceptional craftsmanship. The brand draws inspiration from traditional Japanese culture, folk art, and handicrafts, blending Western fashion elements to create a distinctive retro Japanese aesthetic. Kapital’s product range includes jeans, jackets, shirts, T-shirts, as well as footwear, socks, hats, and bags.