The designer joined the Italian luxury company in September 2016 and, since 2017, he was in charge of womenswear.
The group, that has in its portfolio brands such as Lanvin, Folli Follie, St. John or Caruso, created the society Fosun Fashion Brand Management (Ffbm) to maximize the control of brands in the country.
The company will reinforce its digital commerce platform and all its physical stores in Europe, North America, Asia, Australia and New Zealand.
The group moves forward with the strategy of directly controlling its brands in all international markets. PVH will pay six euros for the shares of its local partner in Australia.
All economic news of the key fashion companies worldwide.