Durability is the most important characteristic that is expected of sustainable footwear. While the “vegan” label is too vague. These are the results of a survey on the definition of sustainability given to over 1,000 US consumers. The research sample answered questions elaborated by over 100 companies and footwear experts that were tied to the...
Because it would be the right time for the merger between Richemont and Kering. And what could be the main obstacle. The mergers and acquisitions sector is in turmoil: a real mergermania. There are many deals at stake, but the market is waiting for Kering’s response to LVMH‘s purchase of Tiffany. It would be the...
Tod’s doubles up. After Chiara Ferragni joined the Board of Directors, Diego Della Valle‘s brand announced that it had chosen Chinese pop star Xiao Zhan as its new brand ambassador. The influencers’ strategy, therefore, expands and consolidates. Xiao Zhan “Tod’s proudly announces its new brand ambassador: pop star Xiao Zhan”. So, the brand announced the […]
Renzo Rosso is ready to continue shopping on the fashion market. In other words, it wants to strengthen OTB, which he defines as an “alternative luxury group”. But his thoughts go beyond that. One of the most important challenges we face is that of transforming Jil Sander in a profitable brand. How? By flipping the […]
“If I sell, I sell to LVMH”. And, in the meantime, I build the conditions for my step back. Diego Della Valle has announced his intention to step back from the day-to-day management of the Tod’s group. When? In one year. The entrepreneur from Marche declared this on May 19, 2020, during his speech (in […]
Ideas for sustainability, the real one. And then the issues related to retail, digitalisation and craftsmanship. Alfonso Dolce, CEO of Dolce & Gabbana, Diego Della Valle, president of the Tod’s group, and Micaela Le Divelec Lemmi, CEO of Salvatore Ferragamo, talked about it when participating in the Luxury Summit organised by Il Sole 24 Ore. […]
“Being independent gives you pride and flexibility”, said Michele Norsa (in picture on the right from Imagoeconomica), vice-president of Salvatore Ferragamo during the conference call with analysts that was held yesterday. The topic: the financial results of the first quarter of 2021 for the Italian brand. Footwear and leather goods remain the company’s focus, which […]
Chiara Ferragni takes it all. After the recent entry into Tod’s Board of Directors, the digital entrepreneur with almost 24 million followers has become global ambassador for Bulgari, a brand controlled by LVMH. An incredible sparring partner “I feel a strong bond not only with the brand, but also with Jean-Christophe Babin and Lucia Silvestri”, […]
Who leads Kantar’s ranking? “BrandZ Top 30 Most Valuable Italian Brands 2021” measures the value of Italian brands by combining financial data with research on brand equity. Gucci has a brand value of 33.8 billion USD, three times more than the 2nd ranked (Enel). Bottega Veneta (+5% on 2020) and Fendi (+48%) are the two […]
Ferragamo wants to protect its chain. Meanwhile, OTB wants to strengthen its one via acquisitions. The supply chain of large Italian fashion groups is an asset of paramount importance, also due to the crisis caused by the pandemic. Nobody wants to see it weakened, or worse, destroyed. And so many luxury brands have enacted concrete […]
Diego Della Valle spreads clues and taunts the market. “This operation with LVMH was symbolic. The idea is: let’s see if we can do something together, if that’s the case than by all means”, said the president of the Tod’s Group during the Fashion and Sustainability event organized by RCS Academy and Corriere della Sera. […]
Gucci and Facebook join forces to battle counterfeiting. The Italian luxury brand and the US-based giant have filed a joint lawsuit with the District Court of Northern California against a physical person. They accuse the physical person of having violated the service terms and conditions of use of Facebook and Instagram to infringe Gucci’s intellectual […]
LVMH invests over 74 million euro to triple its participation inside Tod’s Group and reach 10% of the total. “Through this operation, we strengthen the 20-year-long friendship between the Arnault and Della Valle families”, reads the note. The operation, which closed on Wednesday April 28th, lit a new fire under the rumors of a potential […]
Bernard Arnault and Chiara Ferragni have very little in common with each other. But today, they both seem to possess a rather rare quality: they are the Midas of luxury. They just have to touch a business to turn it into gold, whatever their degree of involvement. The Midas of luxury According to Forbes, Arnault […]
Particularly significant movements for two leading brands of Italian luxury. In short: Chiara Ferragni enters Tod’s, Paul Andrew leaves Salvatore Ferragamo. The Florentine brand, in fact, has officially confirmed the departure of its creative director (in the box), given for certain by rumours and indiscretions. Ferragni, on the other hand, joining the Board of Directors, […]
Armani, Prada, Exor. But also OTB, Moncler and Dolce & Gabbana. Rumours about Italian mergers are advancing. The fil rouge is one: the Bel Paese’s luxury does not seem willing to lose further pieces favouring the French. The debate was ignited by Giorgio Armani, who would renounce independence only with an Italian partner. Bookmakers have […]
The departure of creative director Paul Andrew, expected to come in the next few weeks (though unconfirmed, as of now), is the last chapter in the Ferragamo company shakeup. The stylist had entered Ferragamo in 2016 as creative director for the women shoes department. In 2019 he was promoted to head of the design office […]
2021 started with a sprint for Burberry. Retail sales took off thanks to China and South Korea. This performance allows the British brand, which will close its fiscal year on March 27th, to go beyond the forecasts. After Ferragamo and Prada, Burberry also is also feeling the push from Asia. A sprint start Burberry communicated […]
When the interviewer asked where she “would use vegan leather”, the term used was wrong. When answering “absolutely not”, Australian designer Vanissa Antonious showcased her clear idea. The stylist excluded the use of synthetic alternatives to leather for her footwear brand Neous. Surely a matter of style, but also having to do with much more. […]
The orientation of Chinese judges in disputes between local and foreign brands seems to be changing. Another victory obtained by New Balance against imitator New Barlun in what is considered (almost) the mother of all anti-fake causes. But, above all, a sentence that demonstrates the arrogant banality of fakes. This can be understood instantly by […]
