While there's been no official announcement on whether PPR will invest in Christopher Kane's eponymous label, the latest reports suggest the firm is getting closer to making a deal.
Unnamed sources have told WWD that Alexis Babeau, managing director of PPR's luxury division, has interviewed candidates to be the brand's new CEO once it becomes part of PPR's portfolio. Kane currently runs the business with his sister Tammy.
Rumors that PPR would add Kane's label to its stable of brands — which includes Stella McCartney, Alexander McQueen, and Gucci, among others — started going around when Kane left his position as the creative director of Versace's secondary line Versus. At the time, it was rumored that Kane would come to PPR to replace Nicolas Ghesquière as the creative director of Balenciaga, a job that eventually went to Alexander Wang. Kane has reportedly been in talks with PPR since November, but so far nothing concrete has come from the meetings.