Stephanie Lake, who oversees Bonnie Cashin’s archives, has taken issue with similarities between an orange poncho designed by Raf Simons for Calvin Klein and one created by Cashin.
The announcement follows a series A round of funding for the company.
New launches from Coach and Rochas helped to boost the top and bottom line in the first half.
Biggest private development in U.S. achieves financing needs to complete phase one.
The event will take place September 14-15.
The transaction is another indicator of how important scale has become in the industry.
The two brands threw parties targeting an Asian audience, who make up 60 percent of the world’s Millennials.
Coach and Kors are primarily handbag firms in a market that isn’t seeing much growth at the moment.
The acquisition has the company squaring off with Coach as both seek to build American powerhouses.