
Jil Sander has another new owner — this time an Asian one focused on fashion.Change Capital Partners said Monday that it will sell Jil Sander to Onward Holdings Co. Ltd., the Tokyo-listed apparel group, and its European subsidiary, Gibo Co. SpA, for 167 million euros, or $244.1 million at current exchange. The transaction is expected to close shortly. Speculation Change Capital was looking to sell the fashion house began to percolate last month, as reported by WWD.