What to Make of PPR’s Christopher Kane Investment

Looks from Christopher Kane's first pre-fall collection

French luxury conglomerate PPR’s announcement, earlier today, that it has acquired a 51 percent stake in emerging London label Christopher Kane is particularly significant. Indeed, it’s been a very long time since a major luxury group has taken a majority stake in a young designer fashion brand.

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PPR invests in Christopher Kane, NAP sales up, Alpha male, Wearable technology, Role reversal

Christopher Kane A/W 2013 | Photo: Morgan O'Donovan

PPR buys 51 per cent stake in Christopher Kane (Telegraph) “Following on from rumours which surfaced in November , the luxury conglomerate PPR has today confirmed that it has bought a 51 per cent stake in the business of London Fashion Week label Christopher Kane.” Net-A-Porter sees sales increase by 55 per cent (Telegraph) “Net-A-Porter, the online luxury fashion destination, experienced a 55 per cent rise in

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Market Pulse | On Holidays

Savigny Luxury Index December 2012 | Source: Savigny Partners

LONDON, United Kingdom — Neither the Savigny Luxury Index (“SLI”) nor the MSCI World Index (“MSCI”) saw much activity during the month of December, finishing up 0.5 and 1 percent, respectively. Big news US shoppers were rather subdued in their purchases over the holiday season, causing all the US components of our SLI to fall immediately after Christmas, and then gradually catching up. PPR unveiled its first China-focused

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H&M’s new concept stores, Miss Wu, Happy returns, Gieves & Hawkes new hire, PPR and Kane rumours

Amancio Ortega | Source: Reporte Indigo

H&M to launch new concept stores in Spring (Reuters) “World number two fashion retailer Hennes & Mauritz will launch an eagerly-awaited new chain of stores targeting women shoppers in the Spring, it said on Wednesday.” Jason Wu’s New Contemporary Label Miss Wu Is Already a Hit (Daily Beast) “Miss Wu is a departure for the designer, now 30, who emigrated from Taiwan at age 9, launched his namesake label in

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Rebound in Hong Kong, Redcats sale near, Trussardi scion, Men’s market in China, RM Williams

Tory Burch | Source: Maria Shriver

Hong Kong Luxury Sales Rebound on Confidence in Mainland (Bloomberg) “Hong Kong’s luxury sales rebounded in a sign that confidence is returning to a Chinese economy that probably picked up pace in the final three months of last year after a seven-quarter slowdown.” PPR in Talks to Sell Redcats Unit to Alpha Fund for $156 Million (Bloomberg) “PPR SA owner of the Gucci brand, said it’s in talks to sell the

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The Best of BoF | Top Articles of 2012

Best of BoF 2012

LONDON, United Kingdom — It’s that time again when we take a look back at the people, places and innovations that have defined the year in the business of fashion. And what a year it’s been. From the debuts of new heavyweight designers at megabrands Dior and Yves Saint Laurent to the flurry of digital innovations and the rising markets of India, China and Brazil, we’ve covered it all. It was also a particularly special year for

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PPR on start-up watch, Singapore couture, NYC start-up scene, Sustainable DNA, Chinese models

PPR on watch for luxury ‘reinforcements’ (FT) “PPR is considering using cash generated by the sale of its retail assets for more luxury ‘reinforcements’, says chief executive François-Henri Pinault. ‘We have been talking about investing in a new luxury name’ says Mr Pinault. If PPR were to launch a new house, it would mark the first start-up by a major group since, in its earlier incarnation as Gucci,

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Week in Review | Fashion Tomes of the Times, Planning Your Time, PPR buys Qeelin stake

Week in Review December 10-14

Finding Your M.O. | Part 13: Planning Your Time (Education) “In 2000, I graduated from business school and joined McKinsey & Company as a generalist consultant. My very first project was an organisational design project for a multinational corporation and I was tasked with conducting an analysis of how the company’s CEO was allocating his time.” Colin’s Column | Fashion Tomes of the Times (Opinion) “The making

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High Street King, Inditex profit rise, PPR invests, Top luxury buyers, Carolina Herrera

Sir Philip Green by Ben Gurr | Source: The Times

Topshop’s Sir Philip Green: How he became king of the High Street (BBC News) “The moment Sir Philip Green finally ‘arrived’ was in the year 2000, when he bought the dowdy British Home Stores chain for £200m and rebranded it BHS. According to Stuart Lansley, his restless mind had spotted a beguiling new way to make money from the High Street…” Spain’s Inditex posts 27 pct rise in nine-month

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