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The Christopher Kane High End Fashion House<\/strong> has just been bought by its eponymous designers, Christopher Kane and his big sister Tammy.<\/p>\n <\/p>\n The two designers therefore acquired the Christopher Kane brand as well as More Joy<\/strong> at a low price, as part of a pre-packaged agreement, which now sees them holding the assets and intellectual property.<\/p>\n <\/p>\n The FTS Recovery administrator stated that he had obtained an immediate sale to the original brand founders. He adds: “The sale of the assets has succeeded in ensuring the full repayment of the secured creditor and we anticipate that a distribution will also be made available to the privileged creditors<\/em>“.<\/p>\n <\/p>\n The British trademark filed a notice of appointment of administrator in June, ranking among the many small Anglo-Saxon brands in trouble. Before that, the artistic director and founder had tried all the necessary means to find a buyer, without success. She was almost bankrupt<\/strong> a month ago. In 2020, the company posted a loss of almost \u00a35 million, compared to a profit of more than 11 million a year earlier.<\/p>\n <\/p>\n With this \u201crescue\u201d acquisition, Christopher Kane will continue as an independent label.<\/p>\n <\/p>\n <\/p>\n Christopher Kane is a British designer. After graduating from one of the world\u2019s leading fashion schools- La Central Saint Martins- he launched his label on his behalf in 2006 in collaboration with his older sister Tammy Kane.<\/p>\n <\/p>\n A few years later, in 2013, the Kering group bought a 51% majority stake. But 5 years later in 2018, the Kane family took control, while the luxury group preferred to focus more on its star labels.<\/p>\n <\/p>\n The pandemic was another blow to the brand<\/strong>, whose production is focused on evening wear.<\/p>\n <\/p>\n However, Christopher Kane remains a prominent brand in the London fashion sphere. She has made a name for herself by collaborating with a number of labels and large companies such as TopShop, Disney and Versace<\/strong>. She has also dressed celebrities such as the former first lady of the United States Michelle Obama, Kate Middleton or singer Rihanna.<\/p>\n <\/p>\n It remains to be seen what the future holds for this internationally recognized brand, now that it is once again an independent label.<\/p>\n <\/p>\nUps and downs<\/h2>\n