• Dries Van Noten Sells Majority Stake to Puig

    11 monthes ago - By NYT

    The Belgian designer, who had been one of the last independent names at fashion's top end, will team up with the Spanish owner of Carolina Herrera and Nina Ricci.
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  • Dries Van Noten acquired by Puig

    11 monthes ago - By Fashion United

    Dries Van Noten has sold a majority stake of its brand to Spanish group
    Puig, which also owns Carolina Herrera, Jean Paul Gaultier, Nina Ricci and
    Paco Rabanne. Van Noten will continue working for the brand as its chief creative officer and chairman. He will also hold a significant amount of shares from the group.
    "Our entry today into the capital structure of Dries Van Noten proves yet again our strategic commitment to developing the Puig fashion business", said Marc Puig, chief executive and chairman of Puig, in a statement to WWD.
    "I have been searching for a strong partner for the...
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  • Dries Van Noten Sells Majority Stake to Puig

    Dries Van Noten Sells Majority Stake to Puig

    11 monthes ago - By Hypebeast

    Belgian designer Dries Van Noten has announced that Spanish luxury company Puig has taken a majority stake in his namesake label. The deal will see Van Noten become a minority shareholder, as well as continue his roles as Chief Creative Officer and Chairman of the Board.
    Since the company was founded in 1986, Dries Van Noten has remained largely independent, meaning this deal marks an important change for the label. Puig operates predominantly in the fashion and perfume industry, and already owns stakes in companies including Jean Paul Gaultier and Paco Rabanne , as well as owning licenses...
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  • Dries Van Noten Sells a Majority Share of His Business

    Dries Van Noten Sells a Majority Share of His Business

    11 monthes ago - By Fashionista

    After over 30 years as an independent designer and fashion brand, Dries Van Noten announced on Thursday that he has sold a majority share of his business to Spanish-based group Puig. In a joint announcement, Puig and Van Noten say that the designer will remain a "significant minority...
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  • Dries Van Noten Acquired by Puig

    11 monthes ago - By WWD

    PARIS - Dries Van Noten has been acquired by Puig, the companies said jointly on Thursday.
    “Puig will be the majority owner alongside Dries, who remains, over the long term, a significant minority shareholder,” the companies said in a statement. “Additionally, Dries Van Noten will continue as chief creative officer and chairman of the board.”
    Van Noten founded his house in Antwerp in 1986.
    WWD broke the news March 27 that the Belgian designer had hired Elsa Berry's Vendôme Global Partners to bring in an investor.
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