' Pierre Cardin Fashion House For Sale '
Legendary fashion designer Pierre Cardin said he is ready to sell his fashion house for €1bn. Cardin created the brand in 1949 after resigning a post in Christian Dior’s house.
“I want to sell it now,” Cardin, 88, told the Wall Street Journal. “I know I won’t be here in a few years and the business needs to continue.” He said he had met with an English investor three times and with American and Chinese investors.
“I want to remain as creative director,” he says. “It would be in their interest for the brand’s image.”