French-Italian outwear brand Moncler is acquiring the owner of popular streetwear brand Stone Island in a move indicating the luxury label will be a buyer, not a seller, as the sector potentially consolidates in the coming months and years.
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When Hélène Poulit-Duquesne, CEO of Boucheron, joined Kering’s storied fine jewelry house, China was very much at the top of her agenda. That was in 2016, and expansion into the country, while important, was far less necessary than it now is.
As the demand for sustainability has accelerated due to the pandemic, luxury companies must look beyond supply chains to make a lasting social and environmental difference.
Luxury brands are reinventing and reimagining themselves in new ways, as value-driven consumers control the market and sustainability becomes the leading principle of business.
Thanks to a strong post-COVID-19 growth, the China market is now projected to account for 50 percent of global luxury spending in 2020 — an increase of more than 37 percent from 2019.
For this year’s edition of the Financial Times Business of Luxury Summit – its first to be held entirely online – the publication will invite executives, creatives and analysts from around the world to share how they are navigating this unprecedented period, planning for future growth and where they see investment and acquisition opportunities.
For this year’s edition of the Financial Times Business of Luxury Summit – its first to be held entirely online – the publication will invite executives, creatives and analysts from around the world to share how they are navigating this unprecedented period, planning for future growth and where they see investment and acquisition opportunities.
For this year’s edition of the Financial Times Business of Luxury Summit – its first to be held entirely online – the publication will invite executives, creatives and analysts from around the world to share how they are navigating this unprecedented period, planning for future growth and where they see investment and acquisition opportunities.
For this year’s edition of the Financial Times Business of Luxury Summit – its first to be held entirely online – the publication will invite executives, creatives and analysts from around the world to share how they are navigating this unprecedented period, planning for future growth and where they see investment and acquisition opportunities.
