Stella McCartney News
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PPR SA, the French owner of Gucci, predicted another year of growth in 2013 amid an increasing focus on luxury goods and reported profit that beat estimates, lifting the shares to the highest price in more than 11 years.
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Jeffrey Kalinsky opened a fashion boutique in Manhattan’s meatpacking district in 1999. In those days, he said, the neighborhood was “lawless.”
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PPR SA, owner of the Gucci brand, bought a 51 percent stake in British fashion designer Christopher Kane, building on a collection of luxury labels that it is seeking to expand further.
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Britain’s Olympic gold medalists dominated a New Year’s honors list that celebrated a year of sporting triumph, with Tour de France winner Bradley Wiggins receiving a knighthood.
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PPR SA named Alexander Wang creative director of its Balenciaga fashion and accessories brand to replace Nicholas Ghesquiere, who quit last month.
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Money oils the party machinery at Art Basel Miami.
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Hennes & Mauritz AB is looking to bring back the Lagerfeld effect.
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Hennes & Mauritz AB is looking to bring back the Lagerfeld effect.
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Steven A. Cohen , head of SAC Capital Advisors, arrived with his wife, Alexandra, who wore red open- toed shoes that matched the carpet leading in to the Metropolitan Museum of Art. Penelope Cruz entered with Oscar de la Renta, Beyonce with Jay-Z.
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PPR SA may eventually include the Gucci brand in its e-commerce luxury venture with Yoox SpA as it seeks to get online sales of more than 1 billion euros ($1.3 billion) by 2020, Managing Director Jean-Francois Palus said.
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