Did you know that Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Stella McCartney, Balenciaga, and now Christopher Kane, are all owned by the same company?
In this first installment of Model Hideout Fashion Industry Insight, this great article by the New York Times' T Magazine takes you behind the scenes of one of the fashion industry's most powerful companies, PPR (Pinault-Printemps-Redoute) and gets to know PPR's CEO, Francois-Henri Pinault.
It’s not like I called Nicolas up one day and said, ‘It’s over.’ That’s not how it works,” said François-Henri Pinault, who runs PPR, corporate parent to some of fashion’s best-known brands. Nonetheless, it came down to the same thing in the end. Last November, Pinault decided that the fashion darling Nicolas Ghesquière was no longer the right man for the job of creative director at Balenciaga... Read More...
