PPR GROUP PARTNERS WITH CHRISTOPHER KANE

Christopher Kane SS 2013
image via cocosteaparty.com
PPR (Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux etc) and CHRISTOPHER KANE jointly announced today that they have signed an agreement by which PPR acquires 51% of the luxury designer brand “Christopher Kane” to develop the business in partnership with its creator, Scottish designer, Christopher Kane. 
 
Founded by Christopher Kane in 2006 upon his graduation from Central Saint Martin’s College, London, the brand is known for its inventive and imaginative fashion, offering classic yet subtly daring designs.
Originally focused on ready-to-wear for women, the brand expanded into menswear in 2010. It sells across the world and has enjoyed successful collaborations with brands such as Versace, Versus, J Brand, Topshop, Swarovski and Shiseido. The company is based in London and has 26 employees. 
PPR will enable the Christopher Kane brand to accelerate its expansion, by providing the support it needs to grow to the next level.
In partnering with Christopher Kane, PPR increases its portfolio of luxury brands while fulfilling its mission to empower new creative talent. PPR has a strong track record of backing rising designers and has enjoyed great success with brands such as Alexander McQueen and Stella McCartney.
 

 
François-Henri Pinault, Chairman and CEO of PPR, commented:

 “Christopher is a truly great talent who has shown a real sense of modernity in the way he mixes elegance and subtle constructions. 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 his 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, Founder and Creative Director of the brand says:

 “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.”