Jil Sander (brand)

Jil Sander is a luxury fashion house founded by Jil Sander. It is currently headquartered in Milan, Italy.

Jil Sander
S.p.A. / division of holding company
IndustryRetail, apparel and textile products[1]
Founded1968–1973
Hamburg, Germany
FounderJil Sander
Headquarters
Milan
,
Italy[2]
Area served
Worldwide
Key people
Axel Keller, CEO
ParentOnward Holdings Co. Ltd. (TYO: 8016)
Websitejilsander.com

History

Founded by Jil Sander in 1968, the company went public in 1989.[3] The first womenswear collection was launched in 1973, menswear followed in 1997.[4][5] In 1999 Prada Group bought a 75% share in the company.[3][6] Six months later, Sander departed the company, and it suffered serious financial setbacks. She returned briefly in 2003.

In May 2005, it was announced that Raf Simons had become creative director for the women's and men's collection. Simons wanted to "strip it down so there was nothing that wasn't necessary".[7] Suzy Menkes, the principal fashion writer for the International Herald Tribune, said that some items in the collection "made exceptional pieces" but overall it "was not as strong as" before.[8] The Fall/Winter collection, however, received accolades from IHT.[9] Simons' first women’s collection was shown at Milan Fashion Week in 2006. The collection received a positive review from the Evening Standard[10] and the Los Angeles Times.[11]

Jil Sander store at Hamburg's Neuer Wall

In 2006, private equity firm Change Capital Partners LLP bought the company from Prada.[6][12] At that point, the Telegraph reported that the company was in better shape financially.[6] Prada CEO Patrizio Bertelli said: "As we focus on the development of the Prada and Miu Miu brands, I am certain that Change Capital Partners will be able to provide the necessary investment to further grow the Jil Sander business."[13] Raf Simons remained creative director at Jil Sander.[14]

In September 2008, the Jil Sander brand was purchased by Onward Holdings Co. Ltd. (TYO: 8016), a Japanese multi-brand fashion conglomerate, and its European subsidiary GIBO' CO. S.p.A. for about US$244 million.[15][16]

Designers

References
  1. Businessweek - Company Overview of Jil Sander
  2. "Archived copy". Archived from the original on 2013-09-15. Retrieved 2013-09-10.CS1 maint: archived copy as title (link)
  3. "JIL SANDER (BRAND)". Vogue.
  4. style.com - Jil Sander
  5. nymag.com - Jil Sander
  6. White, Belinda (February 23, 2012). "Jil Sander to return to Jil Sander?". London: Telegraph.
  7. "Archived copy". Archived from the original on 2007-12-21. Retrieved 2007-04-22.CS1 maint: archived copy as title (link)
  8. http://www.iht.com/articles/2005/06/26/reports/rflo.php
  9. http://www.iht.com/articles/2006/01/15/opinion/rmon.php
  10. http://www.thisislondon.co.uk/londoncuts/articles/21771303?source=Evening%20Standard
  11. "Raf Simons' first collection for the Jil Sander line burns brightly with its subtle luxury". Los Angeles Times. Archived from the original on March 3, 2006.
  12. Bloomberg - Prada Sells Jil Sander to Vandevelde's Change Capital
  13. "Archived copy". Archived from the original on 2007-09-27. Retrieved 2007-04-22.CS1 maint: archived copy as title (link)
  14. Wilson, Eric (February 24, 2006). "Private Equity Group to Buy Jil Sander Label From Prada". The New York Times.
  15. Jil Sander returns to fashion with Uniqlo The Telegraph, 23 March 2009
  16. Change Capital Partners to sell Jil Sander to Onward and GIBO Change Capital Partners, 1 September 2008

Sources

Media related to Jil Sander at Wikimedia Commons

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