Tag: lovers

  • Omotesando Koffee to open first Philippines cafe in Manila

    Omotesando Koffee to open first Philippines cafe in Manila

    Japanese coffee shop Omotesando Koffee is officially opening its first Metro Manila branch in Power Plant Mall, Makati City, tentatively slated for an August 2021 launch.

    The famous Zen-style, minimalist coffee shop from Tokyo will be brought into the Philippines by H&F Retail Concepts, the group behind luxury fashion brands Univers, Homme et Femme, Balenciaga, Comme des Garcons, and Fred Perry.

    David Ong, owner and head barista of The Curator and EDSA Beverage Design Group, will be helping out.

    “Well, the cat’s been out of the bag for a while now. This is just formalizing it further. The opening of the first branch is fast approaching, and we’re helping out a little bit,” Ong wrote on Instagram on Tuesday, June 1, posting a call-out for interested baristas to apply.

    According to Ong, two more Omotesando Manila locations will be opening this year, but the hiring process will be for this branch initially.

    News that Omotesando Koffee would open in Metro Manila first circulated late 2020, when the original brand’s Instagram page added “Manila” to a list of locations on their Instagram bio, alongside Tokyo, Hong Kong, Singapore, Bangkok, and London.

    Omotesando Koffee first opened as a humble pop-up shop in Omotesando Hills, Tokyo in 2011, growing in popularity for 5 years until it closed in December 2015 due to the “aging building” it was located in.

    They opened their first Hong Kong branch a year later, and expanded to cities around the world, including a re-opening in Shibuya, Tokyo as Koffee Mameya.

  • Exclusive Playboy nears deal to buy sexual wellness chain Lovers

    Exclusive Playboy nears deal to buy sexual wellness chain Lovers

    Playboy Enterprises Inc is nearing a deal to acquire the parent company of sexual wellness chain Lovers as it seeks to grow its lifestyle brand following the shuttering of its eponymous magazine, people familiar with the matter said on Sunday.

    The acquisition marks Playboy’s latest effort to leverage its famous rabbit silhouette logo to expand in the consumer products arena. It already capitalizes on its brand by selling everything from apparel to art.

    The deal would value Lovers-parent company TLA Acquisition Corp at around $25 million and could be announced as early as Monday, the sources said, requesting anonymity as the details were not yet public.

    In October, Playboy agreed to go public by merging with blank-check acquisition company Mountain Crest Acquisition Corp in a deal that values Playboy at $413 million, including debt.

    Upon closing of the deal, which is expected in February, Playboy will become a publicly-traded company again, having been taken private in 2011 in a $207 million deal led by its late founder, Hugh Hefner, and private equity firm Rizvi Traverse Management.

    Lovers operate online as well as across 41 stores in five U.S. states, selling sexual wellness and health goods including lingerie and intimacy products.

    Playboy last year ceased publication of its magazine, ending a nearly seven-decade run on newsstands that began in 1953 with a debut issue featuring Marilyn Monroe.