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News Brief: Jones Buys Weitzman, Riccardi Diesel CEO, Versace Wins Suit

News Brief: Jones Buys Weitzman, Riccardi Diesel CEO, Versace Wins Suit

May 20101659Views

Jones Apparel Group Inc. will have controlling interest of Stuart Weitzman Holdings LLC, after they acquire 55 percent of the shoe and accessory company.

Daniela Riccardi, formerly of Procter & Gamble, to head up Diesel as chief executive officer.

Versace gets a victory in a $20 million law suit after winning a seven-year battle with Tres Hermanos Inc. and Monir Awada, who violated trademark laws by using the Versace logo on merchandise including jeans and t-shirts. [WWD]

(Photo credits: stuartweitzman.com, craziestgadgets.com, and watchshop.com)

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The Chic Spy

The Chic Spy

The Chic Spy

Hello Agents of Chic, I'm your source for chic style and entertainment intel on fashion, film, and pop culture. From fashion trends and beauty products to movie reviews and celebrity interviews, I'm on a mission to uncover the chicest. A few faves on my radar include whimsical clutches, embellished flats, and gourmet macarons.

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