The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — Neither the Savigny Luxury Index ("SLI") nor the MSCI World Index ("MSCI") saw much activity during the month of December, finishing up 0.5 and 1 percent, respectively.
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François-Henri Pinault's disclosures that PPR was interested in backing young talents and making acquisitions in hard luxury have already been confirmed by the arrival of Alexander Wang at Balenciaga and the Qeelin acquisition. There are also rumours about an imminent Christopher Kane announcement. Will the group's next move further anchor PPR in the contemporary category, where there might be synergies with its lifestyle division?
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Pierre Mallevays is a contributing editor at The Business of Fashion and founder and managing partner of Savigny Partners, a corporate advisory firm focusing on the retail and luxury goods industry.
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