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Zimmermann Turns Into Australias First Billion-dollar Fashion Label After Personal Fairness Acquisition Fashion Industry
A lengthy list of New York-based designers have ended up selling to one of the European teams, together with Marc Jacobs, Thom Browne, Donna Karan and Virgil Abloh’s Off-White. Last month, French fashion giant Kering, which owns Gucci, mentioned it was buying a 30 per centstake in the Italian label Valentino. Tapestry, the parent company behind the designer handbag seller Coach, is about to purchase Capri Holdings creating a brand new US fashion powerhouse. Wilko announced final week that it has filed a discover ofintent to appoint administrators- putting all 400 stores at risk. The present retailer on Northumberland Street…