Marchpole - Growing in Style, Moda acquisition imminent

The house of haute couture and loan-with-to carry of luxury Emanuel Ungaro, which belongs since November to funds of American investment, announced Monday to have separated from its artistic director, Vincent Darré. The Norwegian creator Peter Dundas, who formed part of the team of creation of Roberto Cavalli these last seasons, should succeed to him, one learned near the company Emanuel Ungaro. The French Vincent Darré, who worked with Karl Lagerfeld for the Chloé claw and was in charge of the creation and the development of Moschino, was an artistic director of Ungaro since the end of 2004. "the company Emanuel Ungaro and Vincent Darré decided to put a term at their collaboration. This decision follows upon the change of shareholding of the house Emanuel Ungaro occurred last November ", indicated Ungaro in an official statement. The company Emanuel Ungaro had been yielded at the beginning of November by the Italian group Ferragamo with the funds of American investment AIMZ, pertaining to Asim Abdullah. Its chairman, Paolo De Spirt, had then declared that the collections loan-with-to carry of Vincent Darré "had not convinced the press and the customers" and that it was in the search of a new artistic director. Peter Dundas is in talks with Asim Abdullah and an agreement should be finalized in the days to come, one learned near the house Emanuel Ungaro. Asim Abdullah, American contractor born in Pakistan and which made fortune in high technology, made its first incursion into the world of the luxury with the acquisition of Emanuel Ungaro.