If you’re a fashion enthusiast, you might have come across the names Prada and Jil Sander. Both luxury fashion brands are known for their impeccable designs and high-quality products.
However, there has been some confusion in the fashion industry about whether Prada owns Jil Sander or not. Let’s delve deeper into this topic and find out the truth.
Who is Prada?
Prada is an Italian luxury fashion house that was founded in 1913 by Mario Prada. The brand is famous for its leather goods, shoes, and accessories.
Today, Prada has become a symbol of elegance and sophistication in the fashion industry. The brand has stores all over the world and is well-known for its iconic designs.
Who is Jil Sander?
Jil Sander is a German luxury fashion brand that was founded in 1968 by Jil Sander herself. The brand is known for its minimalist designs that focus on simplicity and functionality. Over the years, Jil Sander has become a cult classic among fashion enthusiasts who appreciate clean lines and understated elegance.
The truth about Prada owning Jil Sander
There have been rumors circulating in the fashion industry that Prada owns Jil Sander. However, these rumors are not true. While it’s true that both brands have had some connection in the past, they are not currently owned by the same company.
In 1999, Prada Group acquired a majority stake in Jil Sander AG, which allowed them to control the company’s finances and operations. However, Jil Sander herself remained as the creative director of her eponymous brand until 2000 when she resigned due to creative differences with the new management team.
After her departure from the company, Prada sold its stake in Jil Sander AG to British private equity firm Change Capital Partners in 2006. Since then, Jil Sander has been operating independently and is not owned by Prada or any other luxury fashion brand.
Conclusion
In conclusion, Prada does not own Jil Sander. While the two brands have had a connection in the past, Jil Sander is currently an independent luxury fashion brand that operates on its own. As a fashion enthusiast, it’s important to have accurate information about your favorite brands so that you can make informed decisions about which products to buy and support.