The Swiss group, owner of Cartier, Net-à-Porter, Chloé, Dunhill, Alaïa and more, announced on Wednesday the acquisition of historic Belgian leather goods house Delvaux. The transaction amount was not disclosed.
Christina Zeller, the artistic director of Delvaux, is leaving the company after almost a decade at the Belgian luxury marque. The artistic direction of Delvaux will be taken over by the house's creative studio.
Covid-19 forced the closure all of Delvaux’s stores in Europe and North America, and kept staff all in lockdown in Brussels, but the house has been busy. As of this Friday it will have its own e-commerce business.
Marco Probst, who led the Belgian luxury leather goods brand from 2012 to 2018, is back in charge, succeeding Jean-Marc Loubier, who continues as president of First Heritage Brands, the group that controls Delvaux.
The Paris trade court decided to postpone the deadline for submission of offers to acquire the brand until July 18 in order to “give all parties the chance to file” following several withdrawals from applicants.
On Monday, the staff of Parisian label Sonia Rykiel, currently in receivership, voiced their fears for the future, while the Paris trade court is set to rule in July on a still mysterious potential buyer.
Parisian label Sonia Rykiel has filed for receivership and is looking for a new owner, FashionNetwork.com learned on Tuesday. The announcement comes after several years of declining sales at the label.