NEW YORK — There are big changes going on at Fernando Sanchez. After 29 years of doing his own thing, the designer has sold the Fernando Sanchez name to Yala, a privately held investment firm. World Marketing, a manufacturing unit of Yala, will oversee production and business management of the Sanchez company. World Marketing contracts production to 30 factories in China and Italy.

The Sanchez firm, which has had its design studio, offices and showroom at 5 West 19th Street for almost two decades, will move to 10 East 33rd Street next week. Following a capsule resort collection of women’s sleepwear and at-homewear in August, the company will show a full spring line in November and will expand the collection in March with several new styles and fabrics, including cashmere and silk, and a new lightweight silk and soy bean blend.

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