PARIS — The fate of Thierry Mugler’s fashion business will be decided June 11.

Pierre Milet, vice president of finance and administration at Groupe Clarins, owner of the Mugler brand, delivered the news during an analyst meeting here Friday. Milet said the possibilities include shuttering the Mugler fashion business altogether or selling the firm’s production facilities in Angers, France. Clarins has appointed French bank BNP Paribas to find a potential buyer for the factory, he said.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus