Kering: sells its 50% stake in Stella McCartney
(CercleFinance.com) - Kering has announced the sale of its 50% stake in Stella McCartney Ltd.
Ms. Stella McCartney will therefore become the sole owner of her brand.
Ms. Stella McCartney will remain on the Kering Foundation's Board of Directors, in its fight against violence against women. Kering and Stella McCartney will continue to collaborate closely in the field of sustainable fashion.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Ms. Stella McCartney will therefore become the sole owner of her brand.
Ms. Stella McCartney will remain on the Kering Foundation's Board of Directors, in its fight against violence against women. Kering and Stella McCartney will continue to collaborate closely in the field of sustainable fashion.
Copyright (c) 2018 CercleFinance.com. All rights reserved.