According to a new report from Baker McKenzie, Michael Kors’ Versace takeover, Richemont’s move for complete Yoox Net-A-Porter Group control and LVMH’s Belmond buy show that luxury brands are diversifying their holdings into new markets and territories. As consumers’ interests continue to grow, t…
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Johannesburg’s Sandton City Mall to Welcome French Luxury Brands in 2019
When globally-acclaimed fashion brands decide to set up shop in Africa, it is typically Johannesburg’s Sandton City mall they look to. The shopping center located in the city’s affluent Sandton neighborhood has carved a niche for itself in the luxury retail space. Three years ago, Sandton City op…
Chanel Is Rated the Most Emotionally Intelligent Luxury Women’s Brand
The New York-based Luxury Institute recently released its innovative 2018 Emotionally Intelligent Brand Index, featuring annual rankings and ratings for leading luxury women’s fashion brands by affluent U.S. consumers. The Emotionally Intelligent Brand Index methodology was developed using 10 yea…
Does Luxury Fashion Have a Plus Size Problem?
Despite the fact that the plus-size apparel market was worth an estimated $21.4 billion in 2016 — representing a growth of 6 percent — and the fact that two-thirds of American women are above a size 14, there remain huge gaps in the retail space for plus-size consumers looking to get involved in …
Michael Kors Announces Global Partnership with South African Pro Golfer and Masters Champion Charl Schwartzel
Michael Kors Holdings Limited (NYSE:KORS), a global fashion luxury group, is pleased to announce that the Michael Kors brand will be entering into the world of golf through a sponsorship of South African professional golfer and Masters champion Charl Schwartzel. The partnership will feature Schwa…
Michael Kors to Acquire Jimmy Choo in $1.2 Billion Deal
U.S. retailer Michael Kors will buy luxury shoemaker Jimmy Choo for $1.2 billion. This move, should hopefully provide new sources of growth for the group as well as a step in building a bigger international luxury group. Founded by bespoke shoemaker Jimmy Choo in the 1990s and popularized by its …