More trouble at Prada
The latest from the fashion trenches, courtesy of today's New York Daily News:
"Fashion insiders are buzzing with the rumor that Helmut Lang is preparing to step down from his namesake label.
It's been five years since Lang sold a majority stake in his business to Prada. And the Italian company's tough management style has caused trouble with other designers whose names they bought - notably Jil Sander, who stormed out in 2000, came back and stormed out again last month.
"Helmut's stuff isn't selling, and the stores are empty," says one insider. "And [Prada CEO] Patrizio Bertelli is so fractious he was never going to get on with these visionaries whose labels he bought." Acquiring Helmut Lang and Jil Sander was part of Prada's as-yet-unrealized plan to go public. But quality-control issues have increasingly plagued the Lang brand."
0 Comments:
Post a Comment
<< Home