The Daily Wonders...

If Jil Sander is on the block, will Kanye bite?
Tuesday, July 29, 2008

(NEW YORK) Change Capital Partners, which acquired Jil Sander in February 2006 from Prada SpA, is said to be contemplating the brand's sale. (WWD has the trade details.) But The Daily wonders: Is Kanye West spending his downtime on tour pooling his resources?

When West was at Paris Fashion Week in February, he was on a dogged quest to track down the elusive Jil Sander designer. "I'm trying to meet up with Raf Simons," he told The Daily before asking us for Simons' email address. "I like what he does."

Turns out, the two did meet--at West's hotel le Meurice, in fact. "Yeah, we talked. He's very nice. I think we should hook up again and talk, because at one point he was very interested in collaborating," Simons told The Daily at the opening of the Jil Sander store on Howard Street in June. "The job I do is already always running against the clock, so if someone is interested in what we do and I am eventually interested in that person, I think we should take time to meet and to see if we get along and all that."

But can the Grammy-winning artist come up with the $235.5 million that Change Capital Partner is hoping to fetch? While reports of his net worth range wildly, West did trounce 50 Cent in record sales last September, when both debuted new albums, and sales remain strong. Given the financially absymal state of the music industry, perhaps a fashion investment on West's part would be a wise one indeed.