Labelux sells fashion brand to focus on leathergoods
14/11/2012
Luxury goods group Labelux has sold US fashion label Derek Lam back to its two founders as part of a strategic shift that will see it focus efforts on leathergoods and shoes. The investment vehicle, which owns footwear company Jimmy Choo and accessories brand Zagliani, sold its majority shares to designer Derek Lam and his business partner,...