shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > Entertainment News > Hollywood News > Article > Stella McCartney goes solo the first time in 17 years

Stella McCartney goes solo the first time in 17 years

Updated on: 01 April,2018 11:18 AM IST  |  London
IANS |

Fashion designer Stella McCartney has decided to buy back their 50 per cent hold in her brand so she can focus on building an independent business

Stella McCartney goes solo the first time in 17 years

Stella McCartney
Stella McCartney. Pic/YouTube


Fashion designer Stella McCartney has cut the brand Kering's 50 per cent share out of her fashion empire in a bid to move forward with an independent business. The 46-year-old has been in partnership with the luxury French fashion group for 17 years, and they jointly launched her self-titled fashion house. But, she has decided to buy back their 50 per cent hold in her brand so she can focus on building an independent business, reports femalefirst.co.uk.


Stella, the daughter of Beatles legend Paul McCartney, insists the two parties are ending their co-operation on good terms and she will forever be grateful for their "incredible partnership". "I have had an incredible relationship with Kering, and first and foremost with the Pinault family, whom I consider to be great friends. I'm incredibly close to them. We had such a successful business together, an incredible partnership. We never had any hiccups," she told WWD magazine.


Francois-Henri Pinault, the chief executive officer of Kering, released a statement on Wednesday confirming the decision to part ways saying he was "proud" of the success they have achieved together and promises a "smooth transition" in the market.

Catch up on all the latest entertainment news and gossip here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK