Article: CHALAYAN SIGNS DEAL WITH GIBO.(Hussein Chalayan and Gibo Company S.p.A.)(Brief Article)

LONDON -- Hussein Chalayan has a new financial deal.

The British designer Friday announced the signing of a worldwide license with Gibo Co. SpA, beginning with the spring 2002 season. Under the agreement, Gibo will produce and distribute Chalayan's ready-to-wear line for global markets.

In addition, Gibo will manufacture Chalayan's fall 2001 collection under an agreement separate from the licensing deal.

The Gibo license is a major step for Chalayan, who is considered one of the most innovative young designers in fashion today. But his design talent hasn't yet translated into major sales and late last year, Chalayan put his previous company, ...

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