How did Miu Miu grow by 58 percent last year? CEO Benedetta Petruzzo breaks down the plan that’s powered eye-popping acceleration in a slowing luxury market.
The Milan-based group’s continued acceleration in a slowing luxury market could ease pressure on its new generation of leaders as Miuccia Prada and Patrizio Bertelli plan their succession.
But their powerful collection suggests that Miuccia Prada and Raf Simons aren’t naive enough to believe that love is all you need, writes Tim Blanks.
At a Paris event showcasing fragrance innovation, L’Oréal Luxe’s president Cyril Chapuy spoke to BoF about how the group’s licensing strategy helped it surpass rivals to become the world’s number-one luxury beauty group last year.
The slew of blockbuster deals from LVMH, Kering and Prada are proving to be a bright spot in an otherwise tough commercial property market.