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MARIO ORTELLI
Prada wears Versace: Rumblings in the sliding luxury industryThe global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace ...- Versace would widen Prada's reach but fixes could hit short-term profitsAn acquisition of Versace by Prada could strengthen the Italian luxury group by expanding its brand base and resilience. However, restructu...
- Louis Vuitton’s next generation steps up to Kanye's latest tune; is breaking away from brand's modus operandiAs Bernard Arnault's children expand their influence, LVMH is reshaping the brands it already owns.
- Rolex stores shut as protests continue in Hong KongThe protests are now threatening to exacerbate Hong Kong’s slumping sales of jewellery, watches and other valuable gifts, which are headed ...
- Gucci owner Kering may acquire sports brandsAny deal will hinge on Kering’s ability to reverse the fortunes of Puma, Europe’s second-largest sporting-goods maker, which has been under...
- Louis Vuitton counts on lipstick as handbag sales slowWith Vuitton’s sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH.
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