The Business
Which Big Time Investors Will We See at New York Fashion Week?
By Lauren Sherman Tuesday, Feb 9, 2010 / 11:00 AM
Yesterday it was revealed that Lanvin backer Ralph Bartel is also an investor in the business of shoemaker-turned-ready-to-wear-designer Devi Kroell.
Will Bartel make an appearance at Kroell’s February 15 presentation to show his support of the label, which opened a new Madison Avenue storefront last fall? It’s unlikely, given the Travelzoo founder’s reluctancy to talk on the record about his relationship with the brand.
Yet there’s no denying that the fashion industry’s acquisitions market is finally heating up after a three-year freeze. That means you can bet on plenty of other investors lurking around the tents this season. Here’s who we hope to see:
Edo Jao, investor and consultant. We know, because of his revealing–but not too revealing–Twitter account that Jao, an investor in Maison Martin Margiela, is in town. An expert in luxury mergers and acquisitions, Jao has worked for both Goldman Sachs and LVMH.
Pierre-Yves Roussel, CEO of LVMH’s fashion division. Roussel appeared at Rodarte’s runway show last season, sparking rumors that the conglomerate might be considering an investment in the Los Angeles-based label. While a deal was never confirmed, we can say this: Where there’s an LVMH exec, there’s interest.
Norbert Platt, CEO of the Richemont Group. While rumors of Richemont’s interest in Prada continue to bubble at the surface, we wouldn’t be surprised to see Platt checking out the shows of some American designers, including Ralph Lauren–with whom he already has a watch licensing deal–Thom Browne or Tim Hamilton, which would make interesting additions to his male-centric stable of luxury jewelry and fashion brands.
Ron Burkle, investor/businessman/backer of Sean John. Burkle, who is currently trying to buy Barneys New York from its Middle Eastern owners, has shown up at fashion week in the past. Will he make another appearance at Zac Posen?
Stick with us over the next week and you might just find out.
Tags: Devi Kroell, Lanvin, Ralph Bartel, Travelzoo
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But why is there a picture of a Proenza Schouler bag?
But why is there a picture of a Proenza Schouler bag?
But why is there a picture of a Proenza Schouler bag?
#1, I wondered the same thing, it’s actually why I clicked through on the post. I have decided that it is just supposed to be a picture of a wallet in general, since they are talking about the money men.
#1, I wondered the same thing, it’s actually why I clicked through on the post. I have decided that it is just supposed to be a picture of a wallet in general, since they are talking about the money men.
Please Mr. Burkle … return Barney’s to Gene Pressman.
Thank you.
Please Mr. Burkle … return Barney’s to Gene Pressman.
Thank you.
K, you are correct. I figured that you guys wouldn’t want to see a picture of any of these dudes, so I decided to use my favorite wallet instead.
K, you are correct. I figured that you guys wouldn’t want to see a picture of any of these dudes, so I decided to use my favorite wallet instead.