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Moncler reported an 8% revenue increase for the first half of 2024, largely driven by strong sales growth in Asia. Revenues in the region saw a 27% rise. The boost from Asia helped offset weaker performance in other regions, such as Europe, where sales declined by 12%, and the Americas, which faced a 21% drop. https://lnkd.in/gvVP32t7 China has recently announced a series of market support measures aimed at stabilizing the economy, including efforts to boost consumer spending and strengthen the private sector. China is a crucial market for luxury goods, these policies could stimulate demand for high-end brands like Moncler. What a smart timing!

Moncler has had a dream run selling its exorbitantly priced winter jackets and ski gear—now it’s attracted the attention of luxury behemoth LVMH. bit.ly/4gFhbT4 The French conglomerate just bought a 10% stake in Double R, the investment vehicle owned by Moncler CEO Remo Ruffini, which is on track to become Moncler’s largest shareholder. The move marks LVMH founder Bernard Arnault’s latest deal as he tries to expand his luxury stronghold. Some of its recent acquisitions include jeweler Tiffany & Co. and eyewear company Barton Perreira, which add to LVMH’s ever-growing list of maisons. Read more: bit.ly/4gFhbT4

Giorgio Armani doesn't rule out merger or IPO as part of his succession plan, Bloomberg reports. This revelation is significant for the fashion empire Armani established in 1975, especially considering his longstanding commitment to independence, a notable divergence from many other luxury brands that have been absorbed by conglomerates like LVMH or Kering. However, I believe the more profound story lies elsewhere. Armani is just 3 months away from his 90th birthday and remains at the helm as CEO, actively overseeing his business and only now beginning to outline plans for succession. This may be partly influenced by cultural factors; in Italy and in Southern Europe in general, such planning typically happens much later than in the U.S., where succession strategies are often established decades earlier. Yet, this scenario also offers a window into a future where it might become common to see CEOs, managers, or founders who are 90 or even over 100 years old, driven by advances in longevity research and significant investments in the field. There is a strong connection between longevity and sustained creativity, and I am convinced that the future will see individuals remaining active and innovative well beyond their 100s. #GiorgioArmani #FashionIndustry #Leadership #SuccessionPlanning #BusinessStrategy #Longevity #CreativeLeadership #LuxuryFashion #InnovationInAgeing https://lnkd.in/dfbKmpM4

Reports suggest that Golden Goose SpA, renowned for its luxury sneakers, is gearing up for an IPO debut in Milan, marking a notable resurgence in European stock offerings amidst bullish market conditions. Expected to be valued at around € 3 billion (US $ 3.3 billion), including net debt, the IPO underscores investor confidence in the brand's potential. However, details remain subject to change, with discussions ongoing regarding the offering's size and timing. ✨Navigating Market Trends and Comparisons The move follows a trend of robust IPO activity in Europe, with companies like Puig Brands SA and CVC Capital Partners Plc also eyeing listings. Comparisons to Moncler SpA's valuation further highlight Golden Goose's appeal to investors seeking high-growth opportunities in the luxury segment. ✨Industry Challenges and Considerations Despite optimistic market sentiment, Golden Goose faces challenges typical of the luxury sector, including weakened demand in key markets like China. The company's IPO journey will be closely watched as it navigates these industry dynamics and aims to capitalise on its brand strength to drive investor interest and business growth. Read full report here👉🏻 https://lnkd.in/gTKmsU59 #ApparelResources #GoldenGooseIPO #LuxurySneakers #FashionIPO #MilanStockExchange #StockMarket #InvestorNews #LuxuryFashion #SneakerCulture #GoldenGoose #EuropeanMarkets #Permira #Moncler #LuxuryIndustry #IPO #FashionIndustry #MarketResearch #InvestmentNews #LuxuryGoods #StockMarketNews #FashionBusiness #LuxuryMarket #FashionRetail #EuropeanIPO #InvestorInsights

LVMH's Bernard Arnault has invested a personal stake in Richemont. This has sparked speculation about a potential takeover scenario. Bernard Arnault has taken a personal equity stake in #Cartier parent company #Richemont, It’s unclear exactly how much of a shareholding the #LVMH chairman and chief executive officer has acquired in Cie Financiere Richemont SA. In jewellery, it would combine Richemont's Cartier and Van Cleef with LVMH's Tiffany and Bulgari, creating a so called “hard luxury” powerhouse. 💡Below are the 13 largest luxury companies by market cap. $LVMH's market cap is already more than double the combined market cap of the bottom ten companies. for sure "Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the #luxury industry", as highlighted by Andrea Felsted. source The Business of Fashion Vogue SWI swissinfo.ch

✨ " 𝐁𝐞𝐫𝐧𝐚𝐫𝐝 𝐀𝐫𝐧𝐚𝐮𝐥𝐭 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐒𝐡𝐚𝐫𝐞𝐬 𝐢𝐧 𝐒𝐰𝐢𝐬𝐬 𝐋𝐮𝐱𝐮𝐫𝐲 𝐆𝐢𝐚𝐧𝐭 𝐑𝐢𝐜𝐡𝐞𝐦𝐨𝐧𝐭" 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟰, Bernard Arnault, the billionaire founder and CEO of LVMH, has made a strategic move by acquiring shares in Richemont, the prestigious Swiss #luxury conglomerate renowned for its high-end jewelry brand Cartier. This recent acquisition marks yet another significant investment in Arnault's illustrious portfolio, which already includes some of the world's most iconic luxury brands. Arnault's stake in Richemont, although a personal investment, is small enough to avoid mandatory disclosure in public registers. In 2021, Arnault orchestrated the $15.8 billion purchase of Tiffany & Co., one of the most significant deals in the luxury industry. The acquisition of Tiffany added another jewel to LVMH's already impressive portfolio, which includes Louis Vuitton, Christian Dior Couture, Moët & Chandon Lounge, and many more prestigious brands. Richemont, founded by South African businessman Johann Rupert, owns a suite of distinguished luxury brands, including Cartier, Van Cleef & Arpels, and Jaeger-LeCoultre. 𝘽𝙧𝙤𝙬𝙨𝙚 𝙖𝙩 𝙤𝙪𝙧 𝙇𝙞𝙣𝙠𝙚𝙙 𝙍𝙚𝙥𝙤𝙧𝙩👉: https://bit.ly/4cJ5vvU #acquisition #luxury #investments #prophecymarketinsights

Bernard Arnault's Surprising Investment in Richemont Raises Eyebrows LVMH CEO Bernard Arnault has confirmed that he owns a very minor stake in Richemont, the parent company of luxury brands such as Cartier and Van Cleef & Arpels. This unexpected revelation has sparked interest and speculation within the luxury industry, as Arnault's LVMH is a major competitor to Richemont. Arnault's stake in Richemont is reportedly less than 1%, which he claims is a passive investment. However, the move has raised questions about his intentions and potential future plans. Richemont has maintained a strong defense against unwanted suitors, and it remains to be seen how this development will impact the company's future. The news comes as Richemont faces challenges in the Chinese market, where sales have declined due to economic uncertainty. Arnault's investment may be seen as a strategic move to gain insight into Richemont's operations or potentially even explore future collaborations or acquisitions. As the luxury landscape continues to evolve, this unexpected twist has left industry observers eager to see how the situation unfolds. #LVMH #Richemont #LuxuryFashion #BusinessNews #Investment #MergersAndAcquisitions #LuxuryBrands #Cartier #VanCleefArpels #ChinaEconomy https://lnkd.in/drQU-dBQ

The Tapestry and Capri Holdings merger has drawn significant attention, particularly from the Federal Trade Commission (FTC), due to concerns over competition. The FTC argues that this could lead to reduced competition, particularly in the "accessible luxury" market for handbags, potentially resulting in higher prices for consumers and lower wages for employees. Despite these concerns, it's important to note that while the combined entity would generate close to $8 billion in annual revenues, this wouldn’t dramatically alter its standing in the global luxury landscape. Tapestry and Capri would inch closer to U.S.-based PVH Corp., but still trail far behind European giants like LVMH and Kering, who dominate the industry with far larger revenues. So, while the merger could give the companies a stronger foothold in certain product categories, especially in the U.S., it won’t fundamentally change the balance of power within the global luxury market. The real impact may be seen in the more competitive mid-luxury segment, but claims of a transformative industry shift seem overblown. #TapestryInc #CapriHoldings #LuxuryFashion #MergersAndAcquisitions #AccessibleLuxury #FashionIndustry #LuxuryRetail #FashionBusiness #FTC #LuxuryBrands

The luxury world is buzzing with rumors: Moncler is eyeing a piece of British luxury Its no secret that Burberry, is not in the best shape. Their stock price has dropped more than 40% over the last year and they just announced they expect to report an operating loss in first half. But Moncler was actually in a similar position. In 2003, it was on the brink of bankruptcy and it was turned around by Italian entrepreneur Remo Rufini, who acquired the brand, secured private equity financing, and took them public in 2013. Last week, Burberry’s stock spiked more than 7% following rumors of an acquisition But even with Moncler's strong track record and position as a segment leader, backing this acquisition could still be risky for investors . Burberry’s heavy reliance on the Asia Pacific market, where recovery remains uncertain, creates a volatile investment environment. Without a solid rebound in the luxury market, even Moncler’s influence might not be enough to turn things around. So what do you think about Moncler's potential acquisition of Burberry? Are you buying in? Share your thoughts!

What Bloomberg Intelligence Says: An €8 billion to €10 billion price tag for Giorgio Armani on takeover or spinoff may be seen as reasonable, assuming an EV/Ebitda of up to 17x on 2024 estimates calculated around normalised market growth of 5% to 6% in 2024, and against its mix of aspirational and luxury design which we estimate to hold potential of a 24 percent mid-term Ebitda margin. The gap of over €2 billion between direct brand revenue including licenses, to net revenue (based on 2022) confirms that Armani is heavily license-dependent, so cash could be partly used to switch more licenses in-house, reducing risk to the supply chain and strengthening brand identity. — BI analysts Deborah Aitken and Andrea Ferdinando Leggieri #armani #ipo #bloomberg #acquisition #lvmh #kering #mayoola #luxury #fashion #madeinitaly #italy #future