KARAN, DESIGNER HOLDINGS SEE END OF DISPUTE TODAY

LAS VEGAS — Donna Karan International and Designer Holdings are expected to resolve their differences over the DKNY jeanswear deal today.
Negotiations between the two companies, which were scheduled to be completed Friday, continued through the weekend and into the first day of the WWDMagic show here Tuesday.
Steven Ruzow, president and chief operating officer of Donna Karan, and Arnold Simon, chief executive officer of DH, told WWD that they expected to be able to reach an agreement and make a formal statement today.
“Rumor has it that we’re feuding, and we’re not,” claimed Simon during a meeting in the CK Calvin Klein Jeans booth here. Simon’s DH also holds the license for that company.
Ruzow said the DKNY sales team was showing denim product to retailers.
“Our plan was always to launch at Magic,” said Ruzow. “The product is here, and it looks beautiful.”
As reported, the jeanswear licensing deal, which was signed Sept. 30, has been in limbo for about 10 days due to “unexpected difficulties” that arose between the two companies. While neither side has elaborated on those difficulties, industry sources have said that Karan wanted more control over the design of the product and wanted DH to manufacture only the denim portions of the license. The delay has cost DH valuable manufacturing time.
At the same time, other designer denim lines have been in the market for fall orders for about a month now.

load comments
blog comments powered by Disqus