LVMH invests in Nicholas Kirkwood

It was only a matter of time

British shoe maestro - and this year's ELLE Style Awards Accessory Designer winner - Nicholas Kirkwood is today celebrating LVMH Moët Hennessy Louis Vuitton taking a majority stake in his business.

It’s the latest in a flurry of acquisitions that’s seen Kering (formerly PPR) acquire stakes in Christopher Kane and NY wunderkind Altuzarra. LVMH is also said to be eyeing Kirkwood’s Brit peer JW Anderson.

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Speaking to WWD, Kirkwood said that the investment – the size and terms of which have not been disclosed – would allow him to ‘focus on doing the creative, and really be able to explore new things’.

‘The next step will probably be handbags, but I have no timelines to do that,’ he added.

Since the launch of his business in 2005, the Central Saint Martins and Cordwainers alumnus’ sculptural designs have become a red carpet staple, regularly worn by the likes of Diane Kruger, Alexa Chung and Miranda Kerr.

He has also been creative director of Pollini since 2010; little wonder that support from a conglomerate such as LVMH is something he terms ‘essential’ to growing his own business.

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