Vandevelde walks off with part of Prada

Change Capital Partners, a private equity firm headed by former Marks & Spencer chairman Luc Vandevelde, is buying Jil Sander, a German fashion brand, from Italian luxury goods and clothes designer, Prada.

Details of the price were not disclosed.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump