FashionEtc.com January 15th, 2026

After 40 years in the business, the British brand is poised to be the "next Prada or Ferragamo" thanks to quadrupled profits and a 527 percent increase in stock value.

Rumors first surfaced over a year ago that the founder and co-CEO of Theory was interested in picking up a stake in Lazaro Hernandez and Jack McCollough’s label—now it looks like the deal might finally come to fruition.

The former Jimmy Choo owner, who has served on the fashion house’s board of directors since its relaunch in 2007, is reportedly no longer associated with the company.

Plus, Mulberry comes out on top, Kohl's comments on the Jennifer Lopez/Marc Anthony split, and is Lily Allen shutting it down?