Dsquared2 has terminated its licensing settlement with Employees Worldwide, the manufacturing and distribution arm of Diesel-owner OTB forward of its expiration. Employees, which has licensed the Y2K denim model by 2027, is suing to dam the transfer.
Based in 1995 by Canadian designer duo Dean and Dan Caten, Dsquared2 celebrated its thirtieth yr in enterprise with a Milan Vogue Week extravaganza final month. The model has been produced and distributed by Employees Worldwide since 2000, with the events renewing their licence in 2010 with an settlement working by 2027.
“Dsquared2 Group publicizes the rapid termination of its licensing settlement with Employees Worldwide S.p.A. Consequently, the group will assume direct management over the manufacturing and distribution of its ready-to-wear collections. This transition takes impact instantly and can begin with the upcoming pre-collection spring-summer 2026 gross sales marketing campaign,” the model mentioned in a short assertion from Dublin, Eire, the place the trademark’s mother or father firm is registered.
Dsquared2 didn’t say why it was in search of to exit the settlement, nor on what authorized grounds it sought to terminate the association early.
Employees Worldwide responded with a press release saying it had filed a lawsuit within the Court docket of Milan towards the model, its holding firm and the Caten brothers “to say its proper to the total efficiency of the present licence settlement, with all consequent measures.”
“Employees Worldwide reiterates its conviction that the licence settlement is totally efficient and confirms its intention to completely execute it till its pure expiry,” Employees mentioned. “The corporate firmly rejects any risk of early termination of the contractual relationship, and believes that authorized situations for early termination don’t exist.”
Be taught extra:
A transitional present at Gucci, a debut at Alberta Ferretti and a thirtieth anniversary outing at DSquared2 kicked off the primary day of Milan Vogue Week.
