PPR Acquires Stake In Christopher Kane
This morning we awoke to the news that luxury conglomerate PPR had bought a 51% stake in the British design house Christopher Kane.
Kane exploded on to the fashion scene along with his sister Tammy in 2006 after graduating from Central St. Martins. Since then he has become a London Fashion week favourite, with a killer Front Row and collections that need no introduction.
When asked about the merger with PPR, Kane commented ‘We are very excited and honoured to be partnering with PPR for the next stage of development for our brand, PPR have an incredible reputation for building some of the very best luxury brands in the world. They respect our creative vision and they have the expertise and experience to help us build the Christopher Kane brand globally.”
"Christopher is a truly great talent who has shown a real sense of modernity in the way he mixes elegance and subtle constructions," explains PPR chairman François-Henri Pinault. "In just a few years, he has built a very distinctive and exciting brand with a unique DNA. I am delighted that Christopher Kane is joining PPR's portfolio of luxury brands and working with us to further develop its business as a global luxury brand. Christopher Kane is already established as a luxury label and has a tremendous intrinsic growth potential. We thus have great ambitions for the brand and will enable it to benefit from our expertise and know-how, while providing the space for it to further develop its own creative identity."
Christopher Kane’s autumn/winter 2013 show is scheduled for Monday 18th February 2013.
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