Jil Sander gets (another!) new owner

02 September 2008

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Unsettling news has been filtering through about one of our favourite labels. Jil Sander became shorthand for elegant minimalism and understated luxury under the German designer. Her reputation still gets seasoned fashionistas in star-struck twists....and that's three years after she left the company! The label has flourished under the stewardship of designer Raf Simons who has burnished its reputation as a cult luxury and made it one of Milan fashion week's hottest tickets. But rumours of a sale started circulating and fearing the worst, magazine staffers all over the world have been reaching for the beta blockers and rescue remedy. The official word is....you can calm down ladies (and gents). It's just another boring boardroom wrangle. New owners Onward Holdings Co. (who also own Joseph) are now in charge after a whopping £136m but we have the assurance of a Jil Sander spokeswoman that the all important creative team remains unchanged. Phew! So it's business as usual in the delivery of those covetable Sander suits and sinuously sexy dresses. Watch this (blog)spot for the latest from the runway for Spring 2009 in a mere three weeks time.

- By Paula Reed


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