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ALEXANDER MCQUEEN will take up full control of the McQ label for the next stage of its development. The move comes as a result of the expiration of its current licence agreement with SINV SpA.
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"Following the successful five-year co-operation with SINV, McQ will become our responsibility alongside the core?Alexander McQueen label, allowing us to share ideas and knowledge, expand the business and grow the already iconic brand," says Jonathan Akeroyd,supra sneakers, president and ceo of Alexander McQueen.
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The agreement with SINV - which commenced in 2005 - will conclude with the spring/summer 2011 collection.
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"My thanks go to the team at SINV for their dedication to and support of McQ. Over the past five years McQ has established itself internationally with its young, renegade but always signature McQueen style,supra tk society, and we are ready to take it to the next stage in its development,abercrombie & fitch," adds Akeroyd.
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A new internal team will be created with the creative direction of Pina Ferlisi - who has held senior design posts at Coach, Gap and Marc by Marc Jacobs - and under the leadership of Alexander McQueen creative director Sarah Burton.
SEE THE ALEXANDER MCQUEEN SHOW ARCHIVE

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Today I am leaving for a two week vacation to Europe. My long lost college roommate and I are going to be hitting up Spain and Italy and in Italy Vlad will be meeting up with us for a Gondola ride or two! I am super excited for this vacation and this time will actually be vacationing. We are lucky enough to have someone who will write posts for me while I am gone, Nerdphanie! You all remember her as a guest blogger! Now she is signed on as a two week blogger to fill my spot. She will bring you lots of new bags and goodies to look at. I will be posting sporadically, but not my usual four or five posts a day