WWD reports that PPR, the parent company that owns Balenciaga, has “held discussions” with Kane about investing in his eponymous label, which he claims he’ll be focusing on exclusively now that he’s no longer designing for Versus. Neither party would comment on the matter, meaning they’re either readying for an official announcement or, alternatively, they just wish we would all shut up already.
Meanwhile, chez LVMH, soon-to-be departed Balenciaga designer Nicolas Ghesquière was spotted rubbing shoulders with Delphine Arnault and the Dior crew. LVMH president and chairman Bernard Arnault has his “watchful and admiring eye” trained on Ghesquière, according to another piece in WWD, and has been repeatedly named as a potential investor should the designer break out on his own with a signature line.
Never a dull day in luxury land!