Jimmy Choo’s Post

From August 16, 2023, to August 31, 2023, the Luxe.Co Biweekly Ranking has compiled a total of 36 updates from 29 luxury brands in the Chinese market, including 8 marketing updates, 14 store expansion updates, 12 pop-up store opening updates, and 2 endorsement updates. #china #updates #brandupdates #rankings #onthepulse

An admirable move by a few global luxury brands, customizing their offerings to resonate with Indian culture and staying ahead of market trends. Just a few years ago, discussions about the Indian luxury market were scarce. However, the landscape has evolved significantly, experiencing rapid growth. 👉 Now is the perfect time to explore investment opportunities in India! #india #luxury #art #fashion #cosmetics #investments #markets #management #culture #ecommerce #retail #sector #growth #economy #brands #digital #branding #consumers

The first big buyout in Beauty is already upon us! Showing that the industry is still booming from the incredible deals we saw at the end of 2023! Is invest or a sale in your business strategy in the next 5 years? Let’s jump on a call to get your destination strategy on a roll to make this happen #altitude #beauty #buyouts #strategy #investors #investments

While Singapore is often considered Southeast Asia’s hub for business and shopping, Thailand is striving to become a top-of-mind luxury destination. With an expanding global footprint thanks to its entertainment industry, Thailand is evolving into a significant consumer and trendsetting force, setting the stage for a new era of influence in luxury fashion. #thailand #luxurygoods #luxuryretail

Luxury brands’ strategies diverge amid weak economic recovery in China WHILE some top international luxury brands are building bigger, flashier flagship stores in China to boost growth, others are shuttering outlets and refocusing marketing efforts online, underscoring a reshuffle in the world’s third-largest luxury market. Despite the Chinese mainland luxury market’s strong performance in the first quarter of 2023 following the country’s reopening, growth slowed progressively as macroeconomic concerns arose, according to Bain & Co in a report on Thursday (Jan 25). Since 2022, top brands including Hermes, Louis Vuitton and Christian Dior have been expanding in China’s biggest cities and doubling down on efforts to court and cultivate a particular group of wealthy spenders – “Very Important Clients”, or VICs, a customer segment that not only accounts for a big proportion of their sales, but is also more insulated against economic slowdowns.

The CIIE booths of luxury brands have evolved from platforms for product display to platforms for cultural exchange. #ciie Bulgari Cartier Christian Dior Couture Fendi Hennessy Kering Loewe LVMH Richemont #culturalexchange #sustainability

Luxury conglomerate LVMH has reported a 13 per cent leap in revenue for last year to €86.2 billion (US$93.5 billion) with double-digit growth in Europe, Japan and the rest of Asia. Full-year operating profit for the year amounted to $24.7 billion, up 8 per cent. The French luxury group recorded growth across all business groups except Wines & Spirits. The Selective Retailing accounted for the highest-growth sector with revenue increasing 25 per cent, followed by Fashion & Leather Goods with 14 per cent growth in sales this year.

The China Luxury Brands Vitality Ranking White Paper for the first half of 2023, covers the period from January 1, 2023, to June 30, 2023. It includes statistical data from 93 luxury brands, comprising a total of 462 dynamic events. Please note that this report does not include dynamics from the beauty and personal care fragrance category. Luxe.Co #report #research #brands #ranking #luxury #luxuryranking #china

In the world of luxury goods, the term "emparadise" isn't commonly used. Yet, for Stanislas de Quercize, Member of the Board Of Directors of Christian Louboutin and former president and CEO of renowned brands like Montblanc, Cartier, and Van Cleef & Arpels, it encapsulates his mission to continuously improve life, not just for his clients but also for employees, the planet, and humanity at large. This article delves into his journey, philosophies, and the innovative strategies he employed to steer iconic brands to global prominence while fostering a culture of sustainability and innovation. https://lnkd.in/dUjv5drB

New Year marks a new important acquisition in Luxury Beauty: L’OCCITANE Group buying the Italian Dr. Vranjes Firenze from Bluegem Capital Partners. What makes this deal interesting, despite the financials of course: - first move of L'Occitane Group in high end #fragrance, entering thus a new big territory complementary to its portfolio, with still a steady growth potential - Dr. Vranjes is a leader in Luxury #homefragrance, a relatively small category which has grown a lot in the last years, driven by consumers post-Covid desire of making their homes more and more enjoyable. Under L'Occitane umbrella, Dr. Vranjes can further expand in white spaces and become an undisputed driver of this category, also leveraging the trend of fragrances for #wellbeing and mood enhancement. - in the mid-long term, the big opportunity to make it a power brand is in #personalfragrance and #bodycare, where Dr. Vranjes has recently launched its collections and still has to demonstrate its right to win in these categories, which have the biggest dimensions and consequently a big competition to captivate a very sophisticated consumer. Surely the potential is there with a #madeinitaly brand created in Firenze, a city which is synonymous for art of creating fragrances and artisanal excellence. #drvranjes #italianexcellence #mergersandacquisitions