Stella McCartney to Buy Kering's 50% Stake in Her Brand

Since co-founding her company through the Gucci Group (now known as Kering) in 2001, Stella McCartney has maintained 50% ownership of her eponymous label. Now, 16 years after its founding, McCartney is taking her brand independent, with plans to buy back Kering's stake. The designer's contract grants her until March 31 of this year to re-purchase Kering's shares, and she's seizing the "once in a lifetime opportunity." The split is amicable, and McCartney is conducting talks with other potential ...