Fashion, Luxury, Unbuttoned

How Richemont is shaking the fashion industry

The Swiss group founded by Johann Rupert is certainly a leader in driving hard luxury brands to long term success. Its formula has created some of the most prestigious companies in the world such as Cartier, Van Cleef & Arpels, Jaeger-LeCoultre among others. It’s the group based on hard work, sharp vision and effective business performance. The head quarter in Geneva … Leggi tutto

Dear ..., Don't Miss, Fashion, Luxury

Farfetch acquisition of Off-White New Guards Groups : risk or opportunity?

Yesterday Farfetch, the online platform that sees NET-A-PORTER founder Natalie Massenet as a non-executive co-chairman, announced the acquisition of the group owner of, among others, Virgil Abloh Off-White for 675 million $. The 10 year old company has still not reached break even and it went public one year ago. Investors have not been shy in judging this new move … Leggi tutto

Don't Miss, Fashion, Luxury

Richemont, YNAP and the lost occasions of the competitors

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

Fashion

Kering, Yoox and Farfetch

What happened to the Kering-Yoox e-commerce joint venture? YSL, star brand of Kering, has recently announced a strategic deal with Farfetch in China. Following WWD “Francesca Bellettini, PDG of Saint Laurent, said the collaboration marks an important step in the company’s global omnichannel strategy, “and it gives to us the opportunity to further consolidate our … Leggi tutto