Following this morning’s joint announcement from Christopher Kane and PPR the British Fashion Council would like to congratulate both organisations on this exciting new partnership. Both parties have signed an agreement by which PPR acquires 51% of the luxury designer brand “Christopher Kane” in order to develop the business in partnership with its creator, the Scottish designer, Christopher Kane.
It is the first time that PPR have invested in a British designer brand since it acquired Stella McCartney and Alexander McQueen in 2001 through the Gucci Group.
"This morning’s announcement is great news for Christopher Kane and high end British designers alike. We have an incredible group of designers in London with the potential to become global brands of the future. Our hope is that this partnership signals confidence in British designer businesses and is the start of a series of new investments in the world’s most innovative talents. Christopher and Tammy have built a brand that pushes the creative boundaries season after season making their show one of the hottest tickets of the global fashion calendar. This partnership will allow them to continue to grow their business and continue to have creative independence. Congratulations to them both" - Caroline Rush, CEO of the British Fashion Council
For press enquiries please contact:
Gemma Ebelis
British Fashion Council
+44 (0)20 7759 1989
gemma.ebelis@britishfashioncouncil.com
Image: Christopher Kane SS13 at London Fashion Week, September 2012