Today, Jean Paul Gaultier officially broke up with the Italian manufacturer Aeffe, ending 17 years of cooperation. According to WWD reports. Three months ago, they got inside information on the matter and released Weibo. According to insiders, Jean Paul Gaultier had a weak profit. More recently, Aeffe and Emanuel Ungaro have reached an agreement to produce and distribute their women's clothing and accessories.
Aeffe currently has brands such as Alberta Ferretti, Moschino, Pollini, and also produces several lines of Cacharel and Cédric Charlier.
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According to the latest WWD report, the two parties issued a public statement stating that the agency is valid until the 2013 Spring-Summer series, which is just this series. Jean Paul Gaultier expressed his gratitude to Aeffe as a long-term and fruitful partner, and Aeffe wished Jean Paul Gaultier a “better futureâ€.
Last year, Barcelona's Puig acquired 45% of Jean Paul Gaultier’s shares from Hermes and acquired another 15% from the designer himself.
According to market sources, another clothing company Gibò intends to represent Jean Paul Gaultier. Gibò’s Japanese parent company, Onward Kashiyama Co. Ltd., previously acquired Jil Sander in 2008. Gibò currently also produces and distributes designer brands such as Paul Smith and Michael Kors.
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