Just one week after the Spanish luxury label’s last fashion show, in London, it has confirmed the departure of its head creative, Catalan designer Josep Font, its creative director for the past six years.
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.
The Catalan capital's Fashion Week wrapped up its 22nd edition on Friday, showcasing a practical demonstration of consumer-targeted fashion, while promoting a sustainable, local and accessible fashion industry.
Amid a complicated political environment, the fashion week ended its 21st edition on a high as it continues its commitment to promoting the Catalonian fashion industry. Winners included Naulover and Brain & Beast.
Investment company Eurazeo has entered into exclusive negotiations in order to acquire 70 percent of the capital of the management firm Idinvest, a move that could see the business double its portfolio.