The collection McQueen was preparing will be shown at Paris fashion week in March. The PPR's Gucci Group subsidiary, which owns the Alexander McQueen label, will use its combined resources to continue the label.
"[McQueen] is of course irreplaceable," said Robert Polet, chief of the Gucci Group.
McQueen was found hanged in his wardrobe last Thursday. A British coroner's inquest said Wednesday that the fashion designer, grieving from the death of his mother, died by asphyxiation and hanging, leaving a note behind. He was 40.
Police said there were no suspicious circumstances surrounding the death, which came just ahead of the funeral of McQueen's mother, who died Feb. 2.
London Fashion Week opens on Friday, and a tribute to the designer will be held. McQueen was named British Designer of the Year four times and awarded the title of CBE - Commander of the Order of the British Empire - by Queen Elizabeth II.
The Associated Press contributed to this report.