Ferragamo accelerated its recovery, did better than the analysts’ forecasts and returned profitable. Meanwhile, the brand awaits the official start of Marco Gobbetti, the new CEO, on January 1st, 2022. The US and Chinese markets really pushed the brand’s performances in the first 9 months of 2021, which the brand closed with +35% at constant […]
The starting point is A New Point of Materials, a project that Lineapelle launched during its latest edition (Fieramilano Rho, 22/24 September 2021). A successful experience that made it possible to present “new-generation leathers, materials and technologies through the story of their entire production process” and in the light of their most factual green substance. […]
Burberry has a new CEO. Coming April 2022, Jonathan Akeroyd will substitute Marco Gobbetti, who will begin his new role as CEO of Ferragamo. British Akeroyd (54 years old) has been CEO of Versace since 2016, and remained in his place when the Italian brand was bought by Capri Holdings. The same manager was also […]
Nothing is worrying luxury. So much so, that the high end segment, in this “outgoing pandemic” phase, may have gained new momentum to grow significantly over the next decade. Various specialist analysts are convinced of this, as is Barclays, which analysed the trends of European luxury groups. What is driving this growth? What a question:...
Surpassing 1 billion euro to enter the exclusive fashion club. It’s the dream and objective of many groups and brands. Because entering the 1 Billion Club means being at the top of the food chain. Some even, after the year of the pandemic and consequent lower sales, want to get back in it as soon...
The password: no-season. Summer is an explosion of colours, but also an immersion in dark, dense tones. The return to presence celebrated by Milan Fashion Week consecrates the rule of having no rules. As demonstrated by the materials used by brands, among which (in abundance of quantity and variety) is leather. Here, then, are the...
Ferragamo’s shake-up is about to arrive. The change is near. September 7th will be the last day for the current CEO, Micaela Le Divelec Lemmi. Executive powers will be transferred to current Vice-president Michele Norsa, until Marco Gobbetti will take over the role in January 2022. The market observes and waits, for the most part, […]
Already a leader and already active, or rather hyper-active. The Arnault family has led the luxury mergermania for a time, both via LVMH and L Catterton, last acquiring Etro and Off-White. While waiting for a counter-action by competitors, the group led by president and CEO Bernard Arnault (in photo), takes advantage of its competitive leverage:...
Everyone is waiting for the Kering coup. And they have been since LVMH bought Tiffany. The conglomerate led by the Pinault family is still a spectator in the mergermania that has been unleashed recently. According to rumours, it has even made a few attempts (Richemont, Ralph Lauren, Dolce & Gabbana), while market players are competing...
Compared to its competitors, Ferragamo didn’t push sneakers. The Italian brand, point out Retviews analysts, has more accessible prices (specifically for accessories), which could be a lever to attract younger consumers. Beside from the strategies being defined by the new CEO, Marco Gobbetti for the start of 2022, Ferragamo’s semester closed with revenue up by […]
First of all: Riccardo Tisci will remain at the creative helm of Burberry. In other words, he will not follow in the footsteps of CEO Marco Gobbetti who will soon join Salvatore Ferragamo. Or, at least, the British brand is confident of this reconfirmation, as its CFO, Julie Brown said commenting the financial results for...
Ferragamo also changed its logo. From the creative director to the CEO, passing through the chairman of the board. In the last year the Salvatore Ferragamo group has revolutionised almost everything. And now it’s up to its initials lettering. With the pre-fall 2021 men’s collection, the Florentine brand unveiled the new ‘SF’ logo. Ferragamo also […]
The Thames in London. The Palm Jumeirah waterfront in Dubai. These are the two (unpublished) stages chosen by Burberry to promote its Olympia bag. Promote in a very particular way, since what moves on the water is a giant bag, an ultra-sized version of the British brand’s accessory. All this is part of the promotional […]
Aeffe group obtained a 5 million loan from Intesa SanPaolo. The credit line is ties to ESG goals, meaning the sustainability-focused objectives set by the company on environment, social and governance matters. The Italian holding that controls Pollini and Moschino aims at “promoting female roles within the social environment” and to introduce “a policy in […]
A millionaire reward, as it should be for those who take on the burden of leading a group like Salvatore Ferragamo. An annual pay that could lead Marco Gobbetti to receive the same salary that Gucci pays to its CEO, Marco Bizzarri. That is to say about 8 million euros, between salary and bonus. 2020 […]
Jonathan Akeroyd from Versace. Emmanuel Gintzburger from Alexander McQueen. Or Tiffany’s ex-leader, Alessandro Bogliolo. These are allegedly the hottest names for Burberry’s CEO position. Gobbetti’s departure caused an earthquake for the British fashion brand, Beside from being short on time after the ex-CEO moved to Ferragamo, Burberry also has to face the analysts’ evaluations. Gobbetti...
At the end of the year, Marco Gobbetti will step down as CEO of Burberry to move to Salvatore Ferragamo, taking over from Micaela Le Divelec Lemmi. In other words, he will take on the role of general manager and CEO of the Italian brand. Gobbetti will hold office at Burberry until the end of […]
Young people and sustainability. They are the keys to the future of fashion and luxury brands. Marco Gobbetti, Burberry’s CEO, Virgil Abloh, Louis Vuitton’s menswear creative director, and Marco Bizzarri, Gucci’s CEO, believe this. Young people and sustainability Marco Gobbetti (in the photo on the left, from Burberry). “Sustainability is at the top of young […]
Finance and sustainability. Furla joins the group of companies that tied loans to sustainability objectives. The leather goods’ brand was provided 25 million euro by Unicredit to accelerate its sustainability strategy. “This operation (which has a 3-year duration), further strengthens the financial structure of the group – commented Mauro Sabatini, CEO of Furla -, mitigating […]
From the three-way race for Sergio Rossi to the closing on Etro. And the usual rumors surrounding the future of Ferragamo that were once again denied this week. All while waiting for more moves like the one from OTB, which (may be) looking to make an acquisition. Or that of Giorgio Armani, which wants to […]
