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PPR Closer to Investing in Christopher Kane?

According to sources, candidates have been interviewed to become chief executive of the designer firm.

RAISING KANE?: It looks like PPR is getting closer to finalizing an investment in London-based designer Christopher Kane, who is slated to present his fall men’s wear collection today at London Collections: Men. According to market sources, Alexis Babeau, managing director of PPR’s luxury division, recently interviewed potential candidates to become chief executive of the designer firm, which is controlled by Kane and his sister and business partner, Tammy.

WWD first reported on Nov. 28 that PPR, the French parent of fashion houses including Stella McCartney and Alexander McQueen, was eyeing an investment in the hot Scottish designer. A PPR spokesman and Kane declined all comment.

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This story first appeared in the January 9, 2013 issue of WWD.  Subscribe Today.

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