#THISWEEKINLUXURYANDFASHION – YSL won a bid to get a 1-window, 82 sq meters store in the Milano Galleria. They will pay 1 million euro a year for 18 years. Almost the same as Cracco 1.000 sq meters, 5 floors food hall Soundtrack “Kryptonite” 3 Doors Down – Tiffany is going to launch a “concept store” … Leggi tutto

– LVMH and Marcolin eyewear joint-venture. A strategic alliance and know-how sharing are the magic words. Shouldn’t have Richemont follow the same path instead of allowing Cartier to sign an agreement with competitor Kering? – Balenciaga Chinese customers queuing at Printemps complain on social media about preferential treatment for French customers. The company issues an … 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

Richemont officially proposed today to  buy the 50% remaining stake of YNAP and Federico Marchetti announced his approval of the bid. Richemont, guided by Johann Rupert was among the first ones to believe in the power of e-commerce when it bought Net-à-Porter in 2010. Despite being a head of Group more focused on hard luxury … Leggi tutto