World Footwear

Companies

Nicolas Kirkwood to become independent from LVMH

Sep 18, 2020 France
Nicolas Kirkwood to become independent from LVMH
The British-based footwear designer and the French luxury conglomerate LVMH will go separate paths going forward. LVMH acquired the Nicolas Kirkwood label in 2013
Nicolas Kirkwood will take back control of his fashion label and follow different paths from LVMH, which, according to several reports on the media, will allegedly support the designer during the first few years of independence to ensure a gradual change.

The UK-based brand is not performing very well, with 2019 revenues down by 28% to 8.14 million British pounds (8.89 million euros) and an operating loss of 3.3 million British pounds (3.6 million euros). The British designer launched his namesake label in 2005 and LVMH became majority shareholder in 2013.

Sources: Pambianco News/Fashion Magazine

Image credits: The Business of Fashion

Related Events

  • Jun
    25
    Jun 25-Jun 28, 2021 | Paris, France

    Who's Next LIMITED

  • Jul
    4
    Jul 4-Jul 8, 2021 | Paris, France

    Paris Haute Couture Fashion Week

  • Sep
    3
    Sep 3-Sep 6, 2021 | Paris, France

    Who's Next

  • Sep
    21
    Sep 21-Sep 23, 2021 | Paris, France

    Première Vision

Related Organizations

  • Dauphiné College

    Dauphiné College

    France
  • D´Alembert College

    D´Alembert College

    France
  • French Institute of Fashion

    French Institute of Fashion

    France
  • French Leather Goods Federation

    French Leather Goods Federation

    France