From Prada to LVMH, fashion brands are ramping up their investments in suppliers, bringing benefits on both sides. Experts warn integration can be difficult and costly. ByEmily Seares January 19, 2023 Photo: Co
How are L’Oréal, Nike, and LVMH approaching Web3? There is no uniform approach to how the leading fashion and beauty companies are embracing Web3, though most are primarily experimenting through partnerships to discover the best strategies for their brand, as partnerships offer a low-cost way...
Endorsed brands Endorsed brands are those that have been endorsed by a parent brand that is either a corporate, umbrella or family brand itself. In theory, the endorsement from the parent brand adds credibility to the endorsed brand in the eyes of consumers. ...
As chair and CEO of LVMH (Moët Hennessy Louis Vuitton SA), a luxury goods holding company, Bernard Arnault (born 1949) controls approximately 50% of a massiveconglomeratethat owns more than 70 of the top luxury brands in the world, including Christian Dior, Louis Vuitton, Moët et Chando...
Loewe is one of the oldest luxury brands in the world — the Spanish fashion house was founded in 1846 in Madrid. Loewe brand goes back to when they specialized in leather purses and handbags for the Spanish royalty. Since 1996, Loewe has been under the luxury goods conglomerate LVMH. ...
Luxury brands have long claimed that their supply chains are free from the labour exploitation that plagues more mass-market labels, thanks in part to their strong connection to Italian manufacturing. For years, they have wielded the “Made in Italy” label as a badge of quality and craftsmanshi...
From pre-quartz crisis days and before Swatch Group was formally established,movement partssupplier ETA had been the core of its previous entities' watchmaking business. Today, ETA designs and produces movements, which are the engines that power mechanical, quartz, and Swatch watches. ...
And legacy brands are on the same page. Take Hermès, which announced it would be using mushroom leather to create bags, which is lab-grown and uses less resources than traditional leather. And recently, a group of luxury brands that included Chopard, Kering and LVMH, which owns Tiffany & ...
And LVMH and other international famous brands have deepened their cooperation with Tmall with an unprecedented opening posture, and Tmall has become the main position of brand upgrading. In particular, after Ma Yun put forward the concept of "new retail" last year, the brands of different bran...
“Small brands are under pressure in a market where costs continue to escalate, driven by mega-brands leveraging their overwhelming scale,” says Solca. However, the scale of the larger brand can be used to the advantage of the creative director's smaller label, he adds: “Sometimes...