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24 Jun

Christopher Kane Enters Administration and Mulls His Options

by Beauty Tips
Fashion, Featured
Christopher Kane Enters Administration and Mulls His Options
LONDON — Christopher Kane has called within the administrators for his brand and is hammering out a rescue plan for the corporate in what continues to be a brutal environment for independent designers in Britain. Forging a fashion profession without the backup of a significant investor is just for the steel-hearted, and with rates of interest on the rise, trading friction from Brexit, and a full-blown cost-of-living crisis, the indie designer’s job has change into ever tougher. The COVID-19 pandemic also took a toll on British design talent, with star creators including Kane and Nicholas Kirkwood, once neighbors on Mount Street, shutting their stores and finding other routes to market. Through the pandemic, Kane rediscovered his passion for advantageous art, spending hours...
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21 Jun

Christopher Kane Shutters Namesake Company

by Beauty Tips
Fashion, Featured
Christopher Kane Shutters Namesake Company
LONDON – Christopher Kane, one among London’s best-known and most talented designers, is closing the label, and hoisting a For Sale sign, the corporate confirmed Wednesday. The corporate said the board of Christopher Kane Ltd. has recently resolved to file a notice of intention to appoint FTS Recovery as administrators to wind down operations. “This difficult decision has been reached to offer the corporate sufficient time to implement a rescue plan,” principals said. “Key stakeholders have been notified. A period of accelerated marketing activity will now follow, with a view to locating potential interested parties to either refinance the corporate’s existing debt, or alternatively locate a purchaser for the business and assets,” company principals added. Christopher Kane founded his company 17 years...
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