Barneys New York filed for bankrupt, and Bergdorf Goodman is a consignement shop. Is it a nightmare or a hell of reality show? “We’ve learned that half of our customers recycle. So forget online. We’re now the newest luxury consignment shop — and you’re handed your money immediately.” wrote Page Six on what said CEO … Leggi tutto

A few days ago Equita, the independent Italian investment bank, disclosed an interesting analysis on Kering: – Rating “buy” – The stock trades at 16x times earnings vs the 24x times of the competitors for 2020 – Return on invested capital is higher than peers thanks to increasing profitability due to past years Gucci relaunch – Gucci has … Leggi tutto

Richemont reported a strong set of results for the 2019 financial year, with group sales increasing 27% to €13.989 million from €11 million in 2018 Richemont reported strong growth for the 2019 financial year, with group revenues increasing 27% to €13.989 million from €11 million in 2018. It’s a group with a very high potential … Leggi tutto

The moving CHANEL show of today doesn’t close an era, despite the “Heroes” final catwalk soundtrack. Karl Lagerfeld immense legacy will stay forever in the #Fashion system. We can still learn a lot from his life. 1. Believe in your talent and work to make your dream come true 2. Be an explorer. Accept no limits 3. Your life … Leggi tutto

When I joined Fendi, some colleagues at Ferragamo tried to discourage me. “Fendi is going nowhere”. I didn’t listen and, fortunately, I had the chance to give my humble contribute to the brand re-birth under Michael Burke LVMH leadership. Now luxury giants like Tod’s, Ferragamo and Bottega Veneta are struggling to find a renewed success. … Leggi tutto

 Antoine Arnault is one of the key top executives in the luxury world. Raised up by a father, Bernard Arnault, who is a titan of the industry and a great visionnaire himself, Antoine dedicated his efforts in learning the best way to work as a second generation in command. Speaking a few weeks ago at … Leggi tutto

China controls on “daigou” are worrying the investors of the luxury groups listed at the stock exchange. The habit of Chinese tourists buying luxury goods in Europe and South Korea to resell them at a profit when they return in Greater China was a key asset for luxury groups revenues. Many luxury brands and groups … Leggi tutto

#Ducati on the podium as #1 and #2 at Brno Moto GP with Andrea Dovizioso and Jorge Lorenzo respectively. A great brand flying the flag of the Italian Pride. A 3Ps company and brand: Passion, Performance and (P)Ride. Still based were Antonio Cavalieri Ducati founded it, the Red Force of motorcycles also stands for: – Pure Shapes … Leggi tutto

Stars War: It’s Gucci vs. Vuitton Who will prevail? You can see my new article on Soundtrack “The Winner Takes It All” Abba #fashionnews #luxurybrands #starwars

Business of Fashion recently published a post on influencers activities saying that “the land of sponsored posts and freebies I still very much about the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean”. Influencers are a  new generation of entrepreneurs who became both the … Leggi tutto