MILAN — Sources here say Prada Group has sold its 55 percent stake in Church’s to private equity fund Equinox Investment, which already owned 45 percent of the English footwear firm.
Equinox Investment has no relationship to the privately held Equinox Luxury Holdings Ltd., which owns footwear firm Jimmy Choo. Equinox Investment is an independent firm based in Lugano, Switzerland, and is headed by Salvatore Mancuso.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"