Change Capital Partners, a private equity firm headed by former Marks & Spencer chairman Luc Vandevelde, is buying Jil Sander, a German fashion brand, from Italian luxury goods and clothes designer, Prada.
Details of the price were not disclosed.
Vandevelde walks off with part of Prada
Change Capital Partners, a private equity firm headed by former Marks & Spencer chairman Luc Vandevelde, is buying Jil Sander, a German fashion brand, from Italian luxury goods and clothes designer, Prada.
Details of the price were not disclosed.