French luxury group PPR has acquired a 51% stake in luxury designer brand Christopher Kane as part of plan to accelerate its expansion.
Scottish designer Kane, who founded the London-based brand in 2006, will work in partnership with PPR to “grow it to the next level”.
Francois-Henri Pinault, chairman and chief executive of PPR, said: “Christopher is a truly great talent who has shown a real sense of modernity in the way he mixes elegance and subtle constructions. In just a few years he has built a very distinctive and exciting brand with a unique DNA. “
Kane, who remains creative director of the brand, added: “We are excited and honoured to be partnering with PPR for the next stage of development for our brand. They respect our creative vision and they have the expertise and experience to help us build the Christopher Kane brand globally.”
Christopher Kane originally focused on ready-to-wear for women but it extended into menswear in 2010. The brand joins Alexander McQueen and Stella McCartney as part of the PPR stable.