CALLING LONDON?: Could PPR, the French parent of fashion houses including Stella McCartney and Alexander McQueen, be looking to invest in more London-based design talent? According to sources, PPR has held discussions with Christopher Kane about financial backing for the fledgling firm. The likelihood of a deal could not be learned, and spokesmen for PPR and Kane declined comment.

Earlier this month, the trendy Scottish designer squelched online speculation he was about to become the new creative director of Balenciaga, also controlled by PPR. Kane had described the rumors he would succeed Nicolas Ghesquière as “unfounded.”

This story first appeared in the November 28, 2012 issue of WWD. Subscribe Today.