Ermenegildo Zegna Group’s Post

We’re proud to announce Turmeric Capital’s participation in eyewa’s $100 million Series C round alongside General Atlantic and Badwa Capital. From its beginnings as a DTC e-commerce platform to becoming one of the fastest-growing eyewear retailers globally with 150+ stores, eyewa is redefining the optical industry in the Middle East. Kudos to Anass B., Mehdi Oudghiri, and Abdullah AlRugaib for their visionary leadership. We’re excited to continue supporting eyewa in their next stage of growth as they scale to new heights. https://lnkd.in/gpvznvbi

✨The Art of Leading in Luxury : Delving into ‘Future Luxe’ by Erwan Rambourg, I was intrigued by the insights on LVMH’s dominance in the luxury industry. The chapter highlights how the group’s strategic focus on organic growth, acquisitions, and long-term investments has cemented its #leadership. 🌟 Key takeaways from LVMH’s dominance in the luxury market: 💠 Scale and Diversity: LVMH leverages its massive portfolio to ensure stability, balancing losses in one area with gains in others. 💠 Long-Term Vision: Heavy investments in advertising, IT, supply chain, and real estate infrastructure keep #LVMH ahead of competition. 💠 Strategic Growth: Organic expansion and acquisitions have driven LVMH’s market capitalization to unmatched levels. 💠 Resilience: Even during challenges, brands like Christian Dior Couture make strategic investments to secure future growth. #LuxuryBrandManagement #Luxury #Leadership #LuxuryBusiness #LVMH #GrowthStrategy #MarketLeadership

What's New to TheStreet... 👑 Kering Appoints Stefano Cantino as CEO of Gucci ✨ Kering has named Stefano Cantino as the new CEO of Gucci, marking a bold move to revitalize its flagship brand amid challenging times for the luxury industry. As the French luxury-goods giant seeks to steer Gucci into a new era, all eyes are on Cantino’s leadership. What are your expectations for Gucci under this new leadership? Share below!💬⬇️ 👉🏻Follow New To The Street for more! #kering #gucci #luxuryindustry #fashionnews #leadership #change #innovation #businessupdate #businessnews #business #news #newtothestreet

What's New to TheStreet... 👑 Kering Appoints Stefano Cantino as CEO of Gucci ✨ Kering has named Stefano Cantino as the new CEO of Gucci, marking a bold move to revitalize its flagship brand amid challenging times for the luxury industry. As the French luxury-goods giant seeks to steer Gucci into a new era, all eyes are on Cantino’s leadership. What are your expectations for Gucci under this new leadership? Share below!💬⬇️ 👉🏻Follow New To The Street for more! #kering #gucci #luxuryindustry #fashionnews #leadership #change #innovation #businessupdate #businessnews #business #news #newtothestreet

🌟 Falabella's 2024 Investor Day – Highlights from Santiago, Chile 🌟 Thank you to everyone who joined Falabella’s 2024 Investor Day—both in person and virtually—in making the event a success! Watch the highlights from a day that brought together Falabella Group's senior leadership and the investment community, as they shared the company's vision for the future. #InvestorRelations #InvestorDay #LatinAmerica #LatAm #LatinAmericaMarkets #EmergingMarkets #InvestorDay2024 #ElevatingStandards

The Inspiring Journey of LVMH 🚀💼 LVMH, formed in 1987 from the merger of Louis Vuitton and Moët Hennessy, has become the world's largest luxury goods company under Bernard Arnault's leadership. By acquiring famous brands like Tiffany & Co., Dior, Fendi, Bulgari, TAG Heuer, and Sephora, LVMH has set new standards in the industry. ✨🌟 In 2023, LVMH made ₹6.97 lakh crore ($79.2 billion) in revenue and ₹1.12 lakh crore ($12.7 billion) in net profit. This success is due to their diverse brands, strong presence in Asia, and focus on digital innovation. LVMH is also committed to sustainability, leading in both luxury and environmental responsibility. 🌍🌱 Bernard Arnault, now the richest person in the world, continues to lead LVMH to new heights. The story of LVMH is one of strategic growth, financial success, and visionary leadership. 💼📈 #BusinessSuccess #LuxuryIndustry #Sustainability #Innovation #Leadership #LVMH #Entrepreneurship #Wealth #LuxuryLifestyle #BusinessGrowth #FinancialSuccess #VisionaryLeadership

An analyst recently noted that SALVATORE FERRAGAMO S.P.A. has prioritised dividend payments for at least ten years, potentially at the expense of business growth. But what if shareholders, including Leonardo Ferragamo, could have both? A quick analysis of Marco Gobbetti and the executive team reveals that operational improvements would drive significant growth. If only they could see it (see image). If this €1 billion investment is effectively leveraged and unlocked, it could fuel both shareholder returns and sustainable growth. The question is: Could Salvatore Ferragamo translate these operational improvements into tangible business results? With the right support, absolutely. #StrategicDetective #CustomerExcellence #OperationalExcellence #LuxuryRetail #BusinessGrowth #ShareholderValue #SalvatoreFerragamo

As a part of my research project for master’s at UCL School of Management, I took upon to study the “Strategic analysis of M&A in luxury industry” and specifically I decided to study the iconic $16.2 billion merger between LVMH group and “blue box jeweler” Tiffany & Co. (one of the largest value deals in the industry). The luxury conglomerate industry has been a result of the battlefield of numerous M&A transactions, and conglomerate groups such as Kering, LVMH and Richemont have all been a result of successful M&A transactions, spanning across product and business groups. However, a major proportion (75-90%) of M&As result in failures. Then why does M&A continue to be a way of expansion for most companies, specifically luxury conglomerates? The study focused on strategic rationale for LVMH to acquire the iconic jewelry brand. The study concluded the following strategic reasons for this large-value deal: 1️⃣ LVMH’s portfolio did not include a strong presence in the jewelry business (only 7% of its total portfolio). What better than targeting a brand that has been the face of “proposals” for decades? 2️⃣ Growing demand for Jewelry segment (12% CAGR) attracted LVMH to take a slice of this expanding market 3️⃣ Tiffany’s commitment to sustainability intersects with LVMH’s sustainability goals for future, fast-tracking its progress towards LVMH’s goals 4️⃣ LVMH has major proportion of sales from China (a trend visible by many luxury companies), and Tiffany caters to a larger audience in the USA. Hence the union will help LVMH to reduce reliability on Asian markets and help create a geographically diversified consumer base After concluding this research, and with latest announcement of LVMH’s revenue and profits falling, it will be interesting to see will M&As continue to be a favorable strategy for luxury brands to expand and sustain? Do you think the strategy followed by LVMH can bring long-run success to the group? Would love to hear diverse opinions on the same and exchange ideas! #luxury #LVMH #mergers #acquisitions #strategy #expansion #research #tiffany #conglomerates

How Kering's most notable M&A's created a €19.6 billion luxury group. Starting as a timber company in 1963, Francois Pinault transformed it into a luxury powerhouse by acquiring Gucci in 1999, followed by Bottega Veneta, BALENCIAGA and Alexander McQueen in 2001, rebranding to Kering in 2013 and more than a dozen acquisitions across 35 years. These acquisitions have been instrumental in Kering's transformation into a leading global luxury group. Really interesting graphic form Quartr

We are thrilled to announce that Give Back Beauty has successfully acquired AB Parfums, formerly known as Angelini Beauty SpA, along with its subsidiaries, assets, brands, and licenses, from Angelini Industries. This acquisition marks a milestone in our journey to expand both our brand portfolio and distribution reach. New added brands in our portfolio include owned brands such as Trussardi, and licensed brands such as Laura Biagiotti, Angel Schlesser and Armand Basi alongside some iconic distributed L’Oréal Group brands, such as Ralph Lauren, Maison Margiela, Cacharel, Diesel, Azzaro, and Viktor & Rolf. AB Parfums will operate within the GBB Group as a new dedicated business unit for European lifestyle and prestige brands within the fragrance and beauty sectors. This acquisition also enhances GBB’s overall European distribution footprint since it reinforces GBB's ‘direct-to-retail’ presence in key countries like Italy, Germany, and Spain. For this transaction, BNL BNP Paribas served as the global coordinator and sole underwriter for GBB. This strategic step reflects our commitment to excellence and leadership in the fragrance and beauty industry. Read the full press release for more details: https://lnkd.in/dAQgJJeR #Acquisition #Growth #Fragranceindustry #GiveBackBeauty #GBB #ABParfums