Ann Demeulemeester will soon welcome new design leadership — and likely a new owner.
Sources told WWD that Italian retailer Antonioli is in advanced talks to acquire the Antwerp-based fashion house.
Contacted late Friday, Antonioli owner Claudio Antonioli said a deal has yet to be concluded, but could happen before the end of summer.
He declined to comment on design succession, but brushed off suggestions the famous founder, one of the original Antwerp Six, could return to the brand.
Chapelle thanked Meunier “for his dedication and everything he has accomplished since his arrival 10 years ago.”
The release made no mention of any other changes.
Asked about future collections and shows — Demeulemeester is not listed on the official calendar for the upcoming online version of Paris Fashion Week for men’s — a spokeswoman for the house said “all will continue, but we focus on January.”
A Belgian entrepreneur who had been managing director of Demeulemeester’s business since 1994, Chapelle acquired an undisclosed stake in the company in 2005. She is believed to be the shareholder of reference.
Her fashion holdings also include a stake in the Haider Ackermann business, which she has also been seeking to offload, other sources told WWD.
A pensive woman with gothic leanings, Demeulemeester helped put Antwerp on the global fashion map with her soigné tailoring and dark glamour.
A graduate of Antwerp’s Royal Academy of Fine Arts, she set up her company in 1985 and produced her first collection for the fall 1987 season, adding shoes and accessories the following year.
She began showing in Paris in 1992 and quickly became a fashion star, with WWD anointing her “Queen Ann” in a headline following a blockbuster collection in 1995 that would influence runways in other fashion capitals. She added men’s wear a year later.
Last year, Demeulemeester quietly entered the home category with Dé Tableware with black or red brush strokes that produce a “chiaroscuro” effect.
Claudio Antonioli founded his first Milan retail outpost in 1987 and is a co-founder of streetwear conglomerate New Guards Group, recently acquired by Farfetch.