The remaining 15-percent goes directly to Thom Browne who will remain the chief creative officer of his eponymous line. CEO Rodrigo Bazan will also keep his role, having joined the company back in 2016 after leaving Alexander Wang.
In an official statement Browne shared his thoughts on the newly announced partnership:
“I am very proud and excited for my new partnership with Zegna. I feel that their passion for only the best quality and craftsmanship is very much aligned with how I have always approached my collection.”The acquisition points to Zegna Group’s move towards resonating with a younger demographic. It is important to note that according to Business of Fashion, Thom Browne’s women’s line makes up 35-percent of the label’s sales.
CEO Ermenegildo Zegna shared that the luxury company’s investment will specifically assist Thom Browne in the realm of manufacturing and spearheading the expansion of its global retail network.
Its international expansion, includes serving as the official tailor of the global soccer team FC Barcelona .
Zegna later shared:
“On this strong footing and thanks to a thriving women’s business and strong appeal with millennials, we believe that we can build long-term value for all of our stakeholders.”
GOSSIP ABOUT JAIYEORIE TO THE NEXT PERSON Tell A Friend about Jaiyeorie FOLLOW Instagram - Jaiyeorie Facebook - jaiyeorie Weddings - jaiyeorieweddings Advertise/ send gist to us - jaiyenews@gmail.com ... spill TEA Easy on Shade #jaiyeorie
No comments:
Post a Comment