He bought a controlling stake in Rick Owens
Gareth Pugh has recently announced the restart of its eponymous brand. The designer bought a 49% stake in the brand from the brand Rick Owens and his Italian partner Olmar and Mirta SpA. Now Gareth Pugh is the sole owner of its brand.
“I enthusiastically begin a new Chapter, – said the designer to WWD reviews. Now we live in a time when everyone can come up with their version of the future, so for me is more important than ever to participate in this discussion.”
As noted by WWD, the deal was held in a friendly atmosphere and both parties maintained cordial relations. “Every designer needs to own the brand, commented Rick Owens. – I was glad to help in a difficult moment. With Gareth has his own family, but at some point we also entered it and will forever stay.”
Gareth Pugh plans to show next collection in September in a new format. According to him, the work on show has already begun.
The designer launched his label in 2006 with Rick Owens and Michelle Lamy. In 2008, Gareth Pugh received the Andam prize, after which it began to actively cooperate celebrities – from Marilyn Manson to Beyonce and Lady Gaga. After showing the collection spring-summer 2019 the designer decided to take a break and focus on working with creative Studio Hard, Shiny, founded together with his partner Carson McCall.
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