Jil Sander Sold to Onward Holdings for $244 Million

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Jil Sander Sold to Onward Holdings for $244 Million

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.


Jil Sander Sold to Onward Holdings for $244 Million

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