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Back in September, rumors started flying that Theory owner Andrew Rosen wanted to buy Proenza Schouler. Today WWd reports that the talks are ongoing. "Sources said Rosen could be heading an investment group that would buy Permira’s 45 percent stake in the designer firm. Proenza Schouler designers Jack McCollolugh and Lazaro Hernandez, as well as Shirley Cook, the company’s chief executive officer, own the remaining 55 percent." [WWD]