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Emilio Pucci is apparently looking for a successor to Matthew Williamson, as the designer focuses more on growing his own business. The London-based Williamson assumed the role of creative director at Pucci, a division of LVMH Moët Hennessy Louis Vuitton, three years ago, taking over from Christian Lacroix. Pucci is said to have approached some design assistants about succeeding Williamson.Matthew Williamson’s first U.S. flagship is set to launch early next year in Manhattan’s Meatpacking District. The 2,500-square-foot space will be the designer’s second in the world, joining his five-year-old store on London’s Bruton Street. Williamson started his own company in 1997 and his label is sold through 170 wholesale accounts.
Last summer, TSM Capital acquired an equity stake in Matthew Williamson Holdings Ltd. in collaboration with the Aronsson Group, spearheaded by Jeffry Aronsson, former chief executive officer at Donna Karan, Marc Jacobs and Oscar de la Renta. The Baugur Group, which invested in the company in 2006, maintains a significant equity interest in the business, and Williamson and ceoretain a majority stake.
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