MartiniKiss
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Announcing... The 2nd Annual theFashionSpot Awards. Vote NOW via the links below:
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wwd.comFRESSANGE REDUX: Inès de la Fressange is returning to her signature fashion label, according to a statement published jointly by the brand and Calao Finance on Thursday. The move comes after Calao, alongside The Luxury Fund (based in Dubai), which already is a shareholder in Elie Saab, and French private investors acquired Inès de la Fressange for an undisclosed sum from François-Louis Vuitton. De la Fressange founded the company in 1991.
Fabrice Boé, formerly a senior adviser to Calao Finance, who also has held top-level posts at Prisma Presse, Hermès International and Lancôme, spearheaded the acquisition. He becomes president of the label that includes fashion, accessories and lifestyle objects and whose year-end retail sales could hit 20 million euros, or $26.1 million at current exchange, according to an estimate in the statement.
De la Fressange wears many hats. Recently among them: She is the Roger Vivier brand ambassador, penned a bestselling guide “La Parisienne” and is a L’Oréal Paris face.
"How To Train Your Dragon 2" premiere during the 67th Annual Cannes Film Festival on May 16, 2014 in Cannes, France.
L'Oreal & Unifrance Films 65th Anniversary Cocktaill at Hotel Martinez as part of the 67th Annual Cannes Film Festival on May 15, 2014 in Cannes, France.
"Mr. Turner" premiere during the 67th Annual Cannes Film Festival on May 15, 2014 in Cannes, France.