30 Aug '17, 3pm

Sorry Michael Kors, you're no Louis Vuitton

The must-have item this season isn't Saint Laurent's crystal boots or Balenciaga's triangle duffle bag, it’s a conglomerate structure. Luxury houses with multiple brands are winning. That's prompting other groups to bulk up, the most recent being Michael Kors Holdings Ltd., which splashed out $1.4 billion on upmarket shoe maker Jimmy Choo. But a shopping spree worthy of Carrie Bradshaw doesn't guarantee success. Those companies set on being the next LVMH have a tough road ahead. When it comes to bling, bigger certainly seems better. LVMH and Kering have been among the fastest-growing luxury goods groups. That's no accident. Each has a broad stable of labels that helps offset weakness in any one division. They have large geographic footprints and stores in all the main shopping destinations, which is useful given travelling luxury consumers' propensity to fall in and out of...

Full article: https://www.bloomberg.com/news/articles/2017-08-30/michae...

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Michael Kors, you're no Louis Vuitton

bloomberg.com 30 Aug '17, 9am

The must-have item this season isn't Saint Laurent's crystal boots or Balenciaga's triangle duffle bag, it’s a conglomerat...

Michael Kors, You're No Louis Vuitton

bloomberg.com 30 Aug '17, 9am

The must-have item this season isn't Saint Laurent's crystal boots or Balenciaga's triangle duffle bag, it’s a conglomerat...

Michael Kors, you're no Louis Vuitton

bloomberg.com 31 Aug '17, 8am

The must-have item this season isn't Saint Laurent's crystal boots or Balenciaga's triangle duffle bag, it’s a conglomerat...

Hey, Michael Kors, You're No Louis Vuitton.

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via @mesopinions_com

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via @viewsfrance

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