Alexander McQueen and Puma, who have already teamed up on footwear, have joined forces again to create a sports-inspired clothing and accessories line.
Alexander McQueen is the quintessential bad boy made good. He has brains and brawn, having survived over ten years as a solo designer and being brought into the Gucci Group stable, which bought a 51 per cent stake in his company 2002. In 2008, he not only turned a profit but was also opening new stores from LA to Beirut.
• Alexander McQueen was in 1970 in the East End of London – the son of a taxi driver
• He trained on Savile Row at Gieves & Hawkes, where he once embroidered a suit for the Prince of Wales with the words “I am a c**t” (in the lining)
• In 1991 his entire degree show was bought by influential stylist Isabella Blow, whose later suicide in 2007 led to him dedicating his entire spring/summer 2008 collection to her memory.
Puma Trainers to cross the German/French border? PPR announced that it has taken a 27% stake in German sportswear retailer Puma. The French luxury goods group confirmed that it planned to take over the rest of the company for â‚¬5.3 billion. With the sale of their stake to PPR, siblings Gunther and Daniela Herz, until now Puma’s largest shareholders, have relinquished all control of Puma.
â€œThe Puma Board of Management unanimously believes that PPR’s engagement is in the best interests of the company and that the announced offer price per share of â‚¬330 for the voluntary public take-over offer is fair,â€ said Jochen Zeitz, chairman and chief executive of Puma. â€œGoing forward Puma can utilize PPR’s premium segment design and sourcing expertise, contributing to the further improvement of Puma’s product offering. Additionally, PPR’s experience in worldwide retail, wholesale and multi-brand management will provide valuable support to Puma’s brand expansion plans.â€