Uncategorized Archive

Kering to take back control of its eyewear business – 3/9/2014

Most of the luxury houses have turned to Luxottica for their eyewear needs, but one luxury group plans to bring their eyewear business back into their fold. Kering has released a statement this week to announce that they are planning a strategic move aiming at building in-house eyewear expertise for its luxury and sport

‘Kors and Effect’ Opportunities & Challenges for Coach and Michael Kors – 7/8/2014

Coach released their fourth quarter results overnight, which would cause concern not only for the American luxury house, but also investors… The luxury house reported net sales of $US1.14 billion for its fourth fiscal quarter ended June 28, 2014, compared with $US1.22 billion reported in the same period of the prior year, a decrease

Hermès and Christophe Lemaire part ways and Michele Sofisti joins Gucci – 24/7/2014

The roundabout is in full swing over at Hermès and Gucci with people exiting and entering at a brisk pace. Four years ago, Hermès announced that Christophe Lemaire was to succeed Jean Paul Gaultier. Lemaire left his post at Lacoste to join the esteemed French house and many wondered if he will be able