PPR acquires stake in Christopher Kane

Designer-Christopher-KanePPR is striking a deal to acquire a 51 percent stake in Christopher Kane, another London’s designer. The French group wanted to accelerate expansion of the Scottish designer and develop his business as a global luxury brand.

“In just a few years, he has built a very distinctive and exciting brand with a unique DNA,” said François-Henri Pinault, chairman and chief executive officer of PPR.

Source: WWD.