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

1. It’s a marathon, it’s not a sprint. Ten years. Fifteen years. You’ve got to get up everyday, with a new idea, a new spin, and you’ve got to bring it to work, every day 2. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could … Leggi tutto

One can think whatever about Kanye West but it’s impossible to deny his spontaneous talent of creating #epic projects. The Fashion Industry has a lot to learn from him. 1. “Epic” is the key to be impactful. It doesn’t matter so much if it is an epic fail or success, if the event stands out from the … Leggi tutto

“Gucci delivered a very good quarter, with revenue up 24.6% as reported and 20.0% on a comparable basis to €2,325.6 million.” In the first quarter of 2019. First quarter of 2018 saw a 49% growth. In 2019 North America only grew 5% while Asia Pacific recorded a notable +35.5%. “We’ll continue to fuel [growth] with … Leggi tutto

Yesterday LVMH reported +16% revenue growth, with an organic growth of +11% Best performing category is the #Fashion & Leather Goods with a +20% growth. Louis Vuitton saw the notable growth of all its categories, supported by the refurbishment of key stores in Florence, London, Monaco and Shanghai. It also opened a new leather factory in France employing … Leggi tutto

Clessidra, the Italian private equity fund, bought the majority stake of Roberto Cavalli in 2015. The company revenues were around 210 million euros. Recently Clessidra started the dismissal process of the brand and the Cavalli management asked for a blank settlement with its creditors to the Milan’s Court also shutting down all its operations in … Leggi tutto

#FashionBrands are usually renown for their bold vision, the pioneer spirit and their courage to be leaders and not followers. But this is not enough. What is needed the most in this moment is to abandon the stereotypes, to embrace an openhearted, passionate and fulfilling new approach and to invest energies without being distracted by Millennials, … Leggi tutto

Calvin Klein appointed Belgian designer Raf Simons as Chief Creative Officer in 2016. Apparently the brand spent around 70 million US$ in less than 3 years to launch and support the “haute de gamme” called 205W39NYC. The results didn’t pay and the collaboration with Simons was ended in December 2018. Now the announcement that the whole … Leggi tutto

Hedi Slimane or J.W. Anderson? Who is closer to Karl Lagerfeld genius approach? Lagerfeld once said “What I do Coco would have hated. The label has an image and it’s up to me to update it. I do what she never did. I had to find my mark. I had to go from what Chanel was to … Leggi tutto

Dolce and Gabbana announced today that they are focusing the media investment back on print. A bold long term decision or a visceral u-turn due to the China scandal? It seems like the Dry-January or the Meat-Free Monday. The step after the hangover. Taking the distance from a medium that can be very dangerous and … Leggi tutto