Global luxury group, Kering plans to hand over the Christopher Kane brand back to the designer. Both the designer and Kering wish to collaborate to achieve a gradual and harmonious transition. As a consequence, the group will apply for IFRS 5, non-current assets held for sale and discontinued operations to this asset in its half-yearly accounts to June 30, 2018, which will be published on July 26. The brand is currently consolidated according to the full consolidation method. In 2013, Kering had acquired 51 per cent of the brand created by Christopher Kane.
Label Christopher Kane was launched in 2006. The designer is acknowledged as the powerhouse of British fashion with one of the biggest international profiles. Developing his playful signatures of constant innovation, rebellious femininity and extraordinary skill, his clothes continue to surprise and seduce with their ineffable sense of chic.
Kering manages the development of a series of renowned Maisons in fashion, leather goods, jewellery and watchmaking: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Christopher Kane, Tomas Maier, Boucheron, Pomellato etc. Kering enables its Maisons to set new limits in terms of their creative expression while crafting future luxury in a sustainable and responsible way.
