PPR snaps up Kane

FRENCH luxury group PPR has bought a 51 per cent stake in British designer label Christopher Kane for an undisclosed sum.
Christopher Kane (pictured right with model Alexa Chung) is a Scottish-born designer known for his modern designs and digital prints. He set up his label in 2004.

PPR, which owns stakes in brands including Stella McCartney and Alexander McQueen, said it plans to expand into Asia and open its first store in London in 2014.