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Jil Sander for sale again?


inaya

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While the Jil Sander fashion line consistently receives raves for cool, minimalist design and is worn by celebrities like Tilda Swinton and Sarah Jessica Parker, it doesn't make a lot of money. That news doesn't seems to sit well with current owners Change Capital Partners. WWD says that numerous sources have let the know that the London-based private equity fund, which bought Jil Sander from Prada back in February 2006, has been quietly testing the waters o see what the company could bring in. The line's Raf Simons recently received the ELLE Fashion Star newcomer award during Mercedes Benz Fashion Week Spring/Summer 2009 in Berlin. Fashion Week Daily also reports that Kanye West is a big fan of Simons' work.

Vogue UK reports that Change Capital Partners is looking for offers off around 200 million euros which is believed to be double what they may have bought the company for. This on a company that, for the year ended January 31, announced profits of 6 million euros on sales of 131 million euros.

http://www.luxist.com/2008/07/30/jil-sander-fashion-line-up-for-sale-again/
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ouh shit. i hate the fact that kanye's doing this designer of the week post or somethin like that. the people who visits his blog are like err...? see the kinda comments they give when he shows something. brainless.

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Raf would make so much money doing a kanye sneaker collabo once a year like with easpak.

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Honestly, it's a drag opening up DNR every month and seeing the confidence index drop another few points. Granted, it hasn't been dropping as bad as it was, but it's still just a shitty thing to read about throughout the whole retail side of things. Everyone's kind of feeling it.

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ouh shit. i hate the fact that kanye's doing this designer of the week post or somethin like that. the people who visits his blog are like err...? see the kinda comments they give when he shows something. brainless.

Have you been reading superfuture at all? Its not like 90% of the people here are any better.

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  • 5 weeks later...

Looks like Japanese company Onward is picking up Jil Sander...

Onward to acquire German luxury brand Jil Sander

Tuesday 02nd September, 05:10 PM JST

TOKYO —

Major Japanese apparel group Onward Holdings Co said Tuesday that it will acquire German luxury apparel brand Jil Sander for 167 million euros. Onward will purchase all outstanding shares in Luxembourg-based Violine, which runs the Jil Sander operations, from three investment firms—two from Britain and one from France—in early October.

The Japanese company will aim to reinforce its overseas operations through the acquisition. Jil Sander is operating in many regions, including the United States, Europe and Asia. Sales totaled 125 million euros in the year that ended in January. Italian luxury brand Prada acquired Jil Sander in 1999, but sold it in 2006.

from Japan today, http://www.japantoday.com/category/business/view/onward-to-acquire-german-luxury-brand-jil-sander

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ouh shit. i hate the fact that kanye's doing this designer of the week post or somethin like that. the people who visits his blog are like err...? see the kinda comments they give when he shows something. brainless.

i find it funny how kanye can be a fan of hedi, rick owens and BAPE at the same time

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