International: May 11, 2001
German designer Wolfgang Joop is selling its 5 percent stake in Joop GmbH to Hamburg-based Wuuml;nsche, which holds a 95 percent stake in the company...Paris designer Jean Paul Gaultier is planning to open the company’s first U.S. retail store on Madison Avenue in New York in early 2002...Narisco Rodriguez will leave his design post at Madrid fashion house Lowe when his contract expires in October; Lowe, which is owned by LVMH Mouml;et Hennessy Louis Vuitton, has not named a replacement for Rodriguez.