The Beijing-born Central Saint Martins alum has joined the Chinese language luxurious model established by Hermès and designer Jiang Qiong Er a decade in the past as its trend artistic director.
The appointment follows a deal introduced final December in which the Agnelli household holding fund Exor took a majority stake within the model. Exor, which additionally owns Ferrari, Italian soccer membership Juventus and The Economist Group, invested round €80 million ($96.5 million) into Shang Xia as a part of a wider push into trend. (Hermès, which beforehand owned 90 % of the model, stays a shareholder alongside Exor and Jiang).
Li will current his first assortment for Shang Xia on October 4 at Paris Vogue Week with the model’s first-ever trend present. Li’s eponymous label, based in 2010 and shortlisted for the primary LVMH prize in 2014, is at the moment “sleeping however plans to get up,” in line with the designer.
The Italian dynasty’s holding fund, Exor, will make investments round €80 million ($96.5 million) to develop into majority proprietor of the luxurious Chinese language model established by Hermès and designer Jiang Qiong Er a decade in the past.
https://www.businessoffashion.com/information/workplace-talent/shang-xia-hires-designer-yang-li | Shang Xia Hires Designer Yang Li