Prada’s Jil Sander Label Sold

Raf Simons showed his first women’s collection for the Jil Sander label in Milan. The New York Times reports Change Capital Partners, a London-based private equity firm, announcing it would buy Jil Sander from the Prada Group. The firm emphasized a high value on the role of designer by
giving equity in the company to Mr. Simons, along with two top managers.

NYT