Diane Von Furstenburg Japanese Partnership Ends, Will Close All Stores

Diane von Fürstenberg Fall 2017 Ready To Wear.

UNITED STATES — Yesterday Monday (December 11), DM Fashion Book reported that Belgian-American fashion designer, Diane von Fürstenberg, who is best known for her iconic wrap dress is selling an equality stake in her namesake label, which she founded in 1972. The 70-year-old designer is looking for an investor willing to acquire a stake in the US -based fashion label and support it through a new expansion phase (see it here).

Today Tuesday (December 12), we could confirm that Diane von Fürstenberg‘s Japanese partner Sanei International, a subsidiary of TSI Holdings, has decided to withdraw from the business.

Sanei International has decided to end their contract with Diane von Fürstenberg during the fall/ winter 2017 season, ceasing their participation in the brand’s business development.

As soon as the fall/ winter 2017 season comes to an end, all Japanese stores will be closed indefinitely, although an exact date has yet to be confirmed.

Sanei International plans to continue expanding the brand’s wholesale operations into the spring/ summer 2018 season but, following that, no decisions have been made as yet regarding what will happen to the brand’s Japanese operations.

Diane von Fürstenberg Fall 2017 Ready To Wear.

Courtesy of Diane von Fürstenberg