The post reads:
“Hello. This is YG Entertainment.
We thank you all for supporting GD&TOP’s first album, which was released back on December 24th of last year.
GD&TOP’s logo, as stated before in many interviews, was designed combining a rabbit, in recognition of the year of the rabbit, and a fist holding up a V-sign that stands for victory.
It was based off of Playboy Enterprises International Inc.’s rabbit design logo.
However, our company didn’t receive permission from Playboy, who has trademark rights for their rabbit logo, and we’re not involved with Playboy in any shape or form.
Therefore, to prevent any confusion, we’ve accepted Playboy’s polite request and have decided to stop using GD&TOP’s rabbit logo.
We will suspend sales for GD&TOP’s album, and release a NEW COVER version starting in July.
Please show your love and support for the newly designed ‘GD&TOP First Album New Cover Ver.‘ (all songs will be the same).
Thank you!!”
The new logo features GD&TOP in the shape of a heart.
Source: YG Entertainment
Via: allkpop.com
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