×
2 890
Fashion Jobs
ESTEE LAUDER
Clinique - Consultant - Selfridges, London - 15 Hours, 2 Days - Part Time, Permanent
Permanent · Londres
ESTEE LAUDER
Tom Ford Beauty - Product Manager (Fragrance)
Permanent · Londres
ESTEE LAUDER
The Estée Lauder Companies - UK dc Warehouse Operative – Goods in (Tuesday-Friday 06:00 - 14:00 & Saturday 08:30 – 16:30)
Permanent · Fareham
AESOP
Retail Consultant | Full Time | Aesop Northcote Road, London
Permanent · London
AESOP
Retail Consultant | Part Time | Aesop Northcote Road, London
Permanent · London
AESOP
Retail Consultant | Full Time | Aesop Richmond, London
Permanent · Richmond
AESOP
Retail Consultant | Part Time | Aesop Richmond, London
Permanent · Richmond
BOOHOO GROUP
Warehouse Operative - 3on/3off - 14:00-02:00
Permanent · CRICK
COAST
Art Director
Permanent · LONDON
BERSHKA
General Manager - Bershka Blanchardstown
Permanent · DUBLIN
ZARA HOME
Zara Home White City - General Manager (Maternity Cover)
Permanent · LONDON
SELFRIDGES
Finance Systems Analyst
Permanent · LONDON
BOOHOO GROUP
Warehouse Operative - 14:00-02:00
Permanent · CRICK
URBN
Urban Outfitters Performance Marketing Manager - London, UK
Permanent · LONDON
HARRODS
Senior Buyer's Clerk - Accessories
Permanent · LONDON
HEAD OFFICE
Head Chef Food Production – Victoria Head Office
Permanent · LONDON
ESTEE LAUDER
Sales & Education Executive, Estee Lauder - Travel Retail Emea (Based UK)
Permanent · Londres
ESTEE LAUDER
Clinique - Consultant - Boots Trinity, Leeds - 26 Hours/Week - Part Time, Permanent
Permanent · Leeds
ESTEE LAUDER
Clinique - Consultant - Boots Metro, Gateshead - 21 Hours/Week - Part Time, Permanent
Permanent · Gateshead
THE NORTH FACE
Account Coordinator - German Speaking - Vans
Permanent · NOTTINGHAM
VANS
Account Coordinator - Dutch Speaking - The North Face
Permanent · NOTTINGHAM
TIMBERLAND
Account Coordinator - French Speaking - Dickies
Permanent · NOTTINGHAM
Ads
By
Reuters
Published
Feb 24, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

LVMH invests in Italian brand Marco de Vincenzo

By
Reuters
Published
Feb 24, 2014

PARIS/MILAN - French luxury group LVMH will unveil on Monday a joint venture with Italian fashion brand Marco de Vincenzo as part of its strategy to gain exposure to young and potentially fast-growing fashion labels, sources close to the matter said.

The deal will involve LVMH taking a minority stake of about 45 percent in the ready-to-wear brand of the Italian designer who has been creating accessories for Fendi, one of LVMH's fashion brands, for more than 10 years, one of the sources said.



Marco de Vincenzo A/W 2014 (Source : PixelFormula)



The transaction, estimated at between 10 million euros ($13.7 million) and 20 million euros - pocket money for LVMH, which generates annual free cashflow of nearly 3 billion euros - is spearheaded by Delphine Arnault, daughter of LVMH Chief Executive Bernard Arnault and deputy head of the group's flagship brand Louis Vuitton, the source added.

Last year the world's biggest luxury group invested in young French designer Maxime Simoens and English designers J.W. Anderson and Nicholas Kirkwood.

Rival Kering, owner of Gucci and Yves Saint Laurent, has been pursuing a similar strategy, buying stakes in fledgeling fashion brands such as Christopher Kane and Joseph Altuzarra.

As demand for mega-brands such as Louis Vuitton and Gucci flattens out, big luxury groups are on the prowl for tomorrow's next big brand and spreading their bets by investing in many different labels.

Monday's deal was first reported by fashion trade publication Women's Wear Daily on Sunday. ($1 = 0.7275 euros)

© Thomson Reuters 2022 All rights reserved.