The news published by Bloomberg about a possible takeover of the down jacket label by the French luxury group fuelled plenty of speculations. FashionNetwork.com analyses the operation’s potential impact.
As luxury giants continue to snap up the world’s top brands, could the latest move be Kering preparing to buy Moncler? It could be if news reports are to be believed, although neither company has commented.
Watches of Switzerland is using the redesigned lower level of its flagship store in New York’s SoHo to host a sneaker and watches exhibition with Stadium Goods as it continues to build its reputation in the US market.
The new Lyst Index for Q3 shows that Daniel Lee’s appointment at Bottega Veneta was an inspired move for Kering with the label entering the hottest brands list for the first time, climbing 21 places in the ranking.
The company set up from scratch in 2014 by luxury group Kering, the industry’s first to internalise its eyewear business, is about to top the €500 million revenue mark, and says it isn’t interested in Safilo.