×
186
Fashion Jobs
AESOP
Retail Consultant | Part-Time (30 Hours) & Full-Time | Aesop City of Stockholm
Permanent · STOCKHOLM
ASICS
Sales Representative
Permanent · Stockholm
PUMA
Senior Key Account Manager Sportstyle Nordic
Permanent · Solna
H&M
Global Head of Marketing h&m Sport
Permanent · Stockholm
H&M
Project Leader For Material Certification And Material Trademark Within Group Compliance
Permanent · Stockholm
PUMA
Project Manager IT Sap
Permanent · Solna
PUMA
Senior Manager Merchandising Puma Golf Europe
Permanent · Solna
H&M
Art Director – h&m Group Communications
Permanent · Stockholm
H&M
Data Analyst to Predictive Analytics Team @h&m Business Tech
Permanent · Stockholm
H&M
Data Analyst to an Inventory Optimization Team in Business Tech
Permanent · Stockholm
H&M
Business Minded Data Specialist to h&m Group
Permanent · Stockholm
H&M
Scrum Master (Service Now) to Support And Operations Toolings Team at h&m Business Tech
Permanent · Stockholm
H&M
we Are Looking For Business Intelligence Analysts to Group Expansion, h&m
Permanent · Stockholm
H&M
Business Intelligence Analyst
Permanent · Stockholm
H&M
Cyber Security Trainer
Permanent · Stockholm
H&M
Security Advisor
Permanent · Stockholm
H&M
h&m is Looking For a Business Expert For Allocation Precision
Permanent · Stockholm
H&M
Power bi Specialist to Kpi Dashboards Within Business Tech
Permanent · Stockholm
H&M
ai Learning & Development Manager
Permanent · Stockholm
H&M
Import-Export Manager to h&m Distribution Centre in Eskilstuna
Permanent · Eskilstuna
H&M
Scrum Master to Support & Operation Tooling, Monitoring & Insights Team at h&m Business Tech
Permanent · Stockholm
H&M
Business Expert Full-Stack 3d Garment Specialist
Permanent · Stockholm
Published
Aug 3, 2011
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Proenza Schouler teams up with new business partners

Published
Aug 3, 2011

In 2007, the Valentino Fashion Group acquired 45% of American luxury brand Proenza Schouler. VFG, now owned by European private equity firm Permira, bought its stake at the time for 3.7 million dollars (2.6 million euros) in order to assist designers Jack McCollough and Lazaro Hernandez who created the label in 2002.

Proenza Schouler
Proenza Schouler creators team up with new partners

“We are thankful to VFG for giving us a start, and allowing us to get where we are today”, said the two designers and CEO Shirley Cook last week. The statement came at the time when the US fashion brand found some new business partners to work with. According to an article published by WWD, a group of investors from New York, led by Theory founder Andrew Rosen and financier John Howard (Irving Place Capital), has just bought most of the Italian’s group stake in Proenza for around 7 to 14 million euros (10-20 million dollars). Valentino Fashion Group is retaining a 5% share.

Prior to the deal, designers Jack McCollough and Lazaro Hernandez held a 55% controlling share in the company. Negotiations had apparently begun a year ago but their current stake has remained unspecified.

Copyright © 2022 FashionNetwork.com All rights reserved.