Conglomerates
Kering’s Next Frontier: Beauty
The Gucci owner has hired former Estée Lauder executive Raffaella Cornaggia to lead its new beauty division, echoing the formation of the group’s eyewear unit in 2014. Why now for beauty and does this mean the beginning of the end of the licensing model for luxury brands?
The Simple Math Behind Moncler’s Genius Spectacles
The Italian ski-wear brand’s large-scale events are a good example of how it’s able to play in the same league as brands with significantly larger budgets, argues Luca Solca.
Kering’s Most Important Earnings in Years
The luxury giant must address challenges at Gucci and Balenciaga, plus uncertainty in China, the company’s most important market. Plus, what else to watch for this week.
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies that currently hold lucrative fragrance and cosmetics licenses.
At Luxury Brands, Heritage Matters
In the long run, luxury brands that lean into timeless products consistently outperform their more fashion-driven peers, writes Pierre Mallevays.
What Estée Lauder and E.l.f. Can Tell Us About the Beauty Market
The two companies, which occupy different ends of the market, report results this week. Plus, what else to watch for in the coming days.
Luxury’s First €20 Billion Brand
This week LVMH will report results, and executives may offer clues about its megabrands’ next steps under new leadership. That plus what else to watch for this week.