PARIS, France — JAB Holdings plans to run its luxury business directly, bringing brands including Jimmy Choo and Belstaff under the management of the investment arm of the billionaire Reimann family.
In the age of e-commerce, physical flagships are still critical to engaging male luxury consumers, though market leaders are integrating their online and offline presence to create new digitally enhanced stores.
CASLANO, Switzerland — Jimmy Choo owner Labelux, the company that holds brands including Bally, has had preliminary meetings with bankers about the possible sale of a stake in the luxury shoemaker via an initial public offering, a person familiar with the matter said.
SINGAPORE — Facing each other across Singapore’s Orchard Road shopping belt, the malls owned by Singapore Press Holdings Ltd. and Overseas Union Enterprise Ltd. have competed for shoppers. Now, they will compete for investors.
Having made his name designing gem-like bars, cafes and apartments, David Collins is increasingly sought-after by some of the leading names in fashion. On the occasion of his just-announced partnership with Jimmy Choo, BoF spoke to David Collins about his journey from Dublin to the top of his profession.
Jane Shepherdson, Chief Executive Officer, Whistles (CEO Talk) “Perhaps it’s not surprising that, in her spare time, Jane Shepherdson does flying trapeze in Hoxton, smack in the heart of achingly hip East London. Right from her earliest days in the fashion industry, Shepherdson has been known for taking risks and having her finger on the pulse of what’s cool.” As Luxury Growth Slows in China, Attention Turns to Mass
Qatari royal family in talks for Valentino brand (FT) “The Qatari royal family is in advanced talks with private equity firm Permira over the sale of Valentino, the Italian luxury brand, for between €550-€600m. The sale talks come five years after Permira purchased Valentino Fashion Group in a deal worth €2.6bn. It has since been forced to write down the value of its investment heavily.” Jimmy Choo steps up its profit
http://www.youtube.com/Gu6eyd5mZGY LONDON, United Kingdom – By now, social media marketing has become de rigueur for luxury and fashion brands looking to engage end consumers. And indeed, more and more luxury brands are following in the footsteps of first movers and building community-oriented experiences that allow fans to upload their own content which (once carefully curated) can be shared across these sites and the wider social
Perry Ellis Still Has Something to Say (NY Times) “For men of a certain generation, the Perry Ellis look of the early ‘80s was a classic: impeccably constructed khaki pants and a crisp white or blue cotton shirt, perhaps paired with a buttery soft trench coat, all of it conveying a kind of effortless elegance.’ When Perry Ellis was alive, no one did it better,’ Michael Bastian, the men’s wear designer, said
LVMH and Central St Martins Partnership (Vogue UK) “Central St Martins new Kings Cross building will feature a state-of-the-art lecture theatre sponsored by LVMH. The luxury conglomerate has also announced plans for a scholarship programme to recruit promising designers from the university for its stable of brands.” Tamara Mellon leaves Jimmy Choo (FT) “Tamara Mellon has stepped down from Jimmy Choo, the footwear and
LONDON, United Kingdom — As luxury stock valuations continue to roar ahead, even as the overall market has stalled, and luxury brands go to private and public investors to finance further expansion, we take our monthly check of the Market Pulse to understand the key drivers. Big news • The Savigny Luxury Index continues its upward trend led by the bullish outlook for the sector in terms of both organic growth and acquisitions •