PARIS - Marc Jacobs plans to end its separate entry-level Marc by Marc Jacobs fashion line and fold it into its main collection, the designer of the same name told Women's Wear Daily (WWD).
The company, controlled by French luxury group LVMH declined to confirm the move, which comes ahead of a possible initial public offering expected as early as next year. LVMH also declined to comment on the article.
"In a sense, we're starting at the beginning," WWD quoted Marc Jacobs as saying in reference to the move. He told WWD that Marc by Marc Jacobs had become disconnected from the main collection and lost its uniqueness in its category.
Marc Jacobs left the creative helm of Louis Vuitton, LVMH's biggest brand and profit contributor, in 2013 to focus on his eponymous brand.
LVMH named Sebastian Suhl, former head of its Givenchy fashion brand, as chief executive of Marc Jacobs last year after he successfully floated rival Prada in 2011 when he was chief operating officer of the Italian fashion group. - REUTERS
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.