LVMH luxury group searches for 25 startups to join the La Maison des Startups. La Maison des Startups aims to accelerate collaboration between LVMH Group Maisons and startups in order to drive creation of innovative products and services for the luxury industry. Applications for the 7th season of La Maison des Startups LVMH … Read more
Etro, the global luxury fashion house, announced that Fabrizio Cardinali will be appointed as Chief Executive Officer, effective fourth quarter 2021. Cardinali brings to Etro more than 25 years of strategic leadership expertise and an unmatched track record of driving international brand growth in the luxury fashion space. He joins Etro luxury brand … Read more
New shoppable livestreams capability empowers luxury retailers to grow audience while retaining ownership of the high-end customer journey. Bambuser Signs Master Agreement with LVMH Following Initial Pilot Activations and LVMH Innovation Award. Bambuser, a software company specializing in interactive live video streaming, announced it has entered into a long-term master agreement with LVMH … Read more
Etro Announces Strategic Partnership with L Catterton Europe. Etro, the global luxury fashion house, has entered into a binding agreement to partner with L Catterton, the largest global consumer-focused private equity firm. Under the terms of the agreement, L Catterton Europe will acquire a majority stake in the Company, while the Etro family will … Read more
This year’s most valuable global brands list shows that brand building remains critical to securing growth. The world’s most valuable brands have experienced record growth according to the Kantar BrandZ Most Valuable Global Brands 2021 ranking, with the total worth reaching $7.1 trillion – equivalent to the combined GDP of France and Germany. The … Read more
Just like pretty much everything, sales of luxury goods were also affected by Covid-19. However, due to the recent news (Lifting of restrictions, vaccines, etc), an almost 29 percent increase has been noticed in the sales of luxury goods. Especially in luxury handbags. As reported by Bain & Company, who happened to be a … Read more