Labelux: Take The Strategy Of Focusing On High-End Leather Products And Shoe Products.

To better focus on high-end accessories, Germany

Group Labelux sold its brand Derek Lam to founder Derek Lam and its business partner, partner Jan-Hendrik Schlottmann (the two married in New York in June 21, 2012).

The terms of the paction are expected to be disclosed later today.

In July 2008, Labelux gained majority interest from Derek Lam International LLC, the first luxury paction in Labelux founded in 2007.

Labelux chief executive Reinhard Mieck said on Wednesday: "we have decided to focus on high-end leather products.

Product strategy. "

Derek Lam and its business partner Jan-Hendrik Schlottmann are very excited about getting the brand that they created. "We want to thank Labelux for its support and strategic guidance over the past four years.

Now, we look forward to the sustained growth of the brand and many exciting moments we are going to face. "

The brand currently operates wholesale business in 15 countries, with two retail outlets in New York and 4 ready-made garments every year.

Since joining Labelux, Derek Lam has expanded its accessories, including shoes, handbags and glasses.

The company also launched the sub line brand 10 Crosby Derek Lam. in 2011.

Earlier this year, the designer signed a global licensing agreement with Schwartz & Benjamin to authorize Schwartz & Benjamin to deal with the design, production and wholesale business of Derek Lam footwear.

Derek Lam also collaborated with Kohl 's department store.

The series is on sale next spring. He was the creative director of Tod 's in 2006 and left early this year.

Labelux is private investment firm of Joh. A. Benckiser, Joh. A. Benckiser also owns the famous perfume agency Coty Inc..

Labelux owns many brands such as Jimmy Choo, Bally, Solange Azagury-Partridge, Belstaff and Zagliani.