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Dries Van Noten steps down from namesake luxury brand

Belgian designer Dries Van Noten announced his departure from the role of creative director of his namesake luxury brand, with his last collection for the house to be revealed at Paris Fashion Week Men’s in June.

SEE ALSO: Dries Van Noten sells a majority share to Puig

A successor for Van Noten was not announced.

“The next Men’s Spring/Summer 2025 collection will be the last in my current role at DVN. The women’s Spring/Summer 2025, collection will be made by my studio team with whom I have been working very closely during all these years. I have full confidence that they will do a great job,” said Van Noten, in a release.

In late 2018, Dries Van Noten, one of the last independent luxury fashion houses, sold a majority stake to Spanish group, Puig.

Under the deal, Van Noten stayed on as a “significant” minority shareholder, as well as chief creative officer and chairman of the board. Financial terms of the deal were not disclosed.

“In due time, we will announce the designer who will continue the story of the DVN men and women. However, I will stay involved in the house that I treasure so much. I thank everybody at Puig – Marc Puig, Manuel Puig, Jose Manuel Albesa and Ana Trias – for continuing to believe in us, and for helping us to build an even stronger company,” added Van Noten.

A beauty and fashion conglomerate, the Puig Group controls four other major fashion houses including Carolina Herrera, Rabanne, Nina Ricci and Jean-Paul Gaultier.

“On behalf of everyone at Puig I would like to express my heartfelt gratitude to Dries Van Noten for the inspiring partnership we have built since he joined our House of Love Brands in 2018… We’ve expanded the brand’s footprint in the US and Asia, refined its digital channels and continue to launch innovative store concepts such as Galerie Quai Malaquais in Paris and La Cienega in Los Angeles,” said Puig Group CEO Marc Puig.

In its most recent trading update, Puig Group closed 2023 with record net revenues of 4.3 billion euros, up 19 percent on 2022, with double-digit growth across all segments and geographies.