PPR Grows Luxury Roster With Christopher Kane Brand

Law360, New York (January 16, 2013, 6:06 PM EST) -- French retail apparel and accessory conglomerate PPR SA said late Tuesday that it has acquired a majority stake of the luxury Christopher Kane designer brand from its Scottish founder, as PPR continues to narrow its focus to luxury, sports and lifestyle brands.

PPR acquired a 51 percent stake in the brand from its founder and owner, designer Christopher Kane. The Scot founded the brand in 2006 after graduating from Central Saint Martin's College in London and has become one of the U.K.'s most popular designers....
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