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

Many rumors surround Philipp Plein company. One is about the possible acquisition of Roberto Cavalli company from investment fund Clessidra. It is not clear the reason why a Swiss flashy company that grew in 20 years from zero to 250 million euro as a group (of which 205 million from Philipp Plein brand) should have … Leggi tutto

On Kering Scary Secret Weapon Kering Q3 results beat competitors as comparable Q3 sales rose 28.4% versus PY. The main contribution to the growth was given by Gucci, that rose +34.9% and, far from this, Saint Laurent 16.5%. The rest of the brands (including raising star Balenciaga) rose +32.2% Bottega Veneta declined 8.7% in a … Leggi tutto

Facebook acquired Instagram in 2012 paying it 1 billion $. One of the best acquisition in the Silicon Valley. One of the clauses in the acquisition deal guaranteed the autonomy of the brand. The founders, Kevin Systrom and Mike Krieger stayed at the helm of the company. And yesterday they announced to quit, saying “We’re … Leggi tutto

#Kering announced today that, after the disposal of Puma, they will also put on sale Volcom and they will focus on luxury brands (acquisitions?). Very likely the same destiny will take place also for Cobra, the third sports brand of the group. The intention of Monsieur Pinault group is very clear as well as the … Leggi tutto

Kering last 2017 quarter results are”phenomenal” as stated by Francois-Henry Pinault. Full year revenues are 27.2% higher than previous year. Gucci grew + 43%in the last 2017 quarter. Apart from the tax elusion investigations about Gucci, the headache of Puma, Stella Mc Cartney spin off rumors, Yoox lost occasion, Kering showed all its ability in … Leggi tutto

Fashion Network wrote yesterday the breaking news regarding Fosun International beating Mayhoola in a last rush for acquiring the French brand. Lanvin is a heritage brand, founded in 1885 and renown for its highly sophisticated style, drape dresses and for the fragrance Arpège. Bought in 2001 by Taiwanese entrepreneur Shaw-Lan Wang, it was relaunched thanks … Leggi tutto

Kering is one of the most prestigious luxury groups. It owns fashion, jewelry, watch, sports brands (Puma as well as Volcom, Cobra) and the Eyewear company. Recent talks are about: – Gucci will continue to grow but at a much slower pace than previous year (Bloomberg forecast) and it is under investigation for tax elusion … Leggi tutto

It’s been recently announced that Sidney Toledano, CEO at Dior for the last 20 years, will guide the group niche fashion brands and Pietro Beccari will replace him at Diorc2qq2. Pierre-Yves Roussel, engaged to fashion lady Tory Burch will become advisor to Bernard Arnault. 10 key learnings from these news useful for fashion managers. 1. … Leggi tutto

Coach group was recently renamed as Tapestry. The new fashion entity regrouping Coach, Kate Spade and Stuart Weitzman is very active on the creation of a united New York front to conquer the hearts and wallets of many Europeans and Asian customers. There is a lot of energy on that side of the pond, thanks … Leggi tutto