Combinations: MTW Holding exits Bravo Capital and joins DBAG
WEBMay 19, 2022 · MTW Holding (that groups Metalworks, Mengoni&Nassini, FGF) is moving from Bravo Invest (which still controls the tannery Vesta Corporation) to the German private equity company Deutsche Beteiligungs (DBAG). Details of the sale, which will be finalised by the end of June, were not disclosed. MTW, which groups manufacturers of metal and plastic accessories serving the luxury industry, ended 2021 ...
Bottega Veneta challenges sustainability: real luxury requires time ...
WEBJun 13, 2022 · Bottega Veneta’s 3 moves for sustainability. First: Bottega Series. Second: lifetime warranty for its products. Third: an internal app. What unites the three initiatives is time, both in the sense of timelessness and durability of the products.
Moncler keeps growing inside a luxury industry that fights on the …
WEBMar 4, 2024 · Moncler grows in 2023 and continues to beat the currently adverse context. Meanwhile, LVMH and Kering continue to raise their prices. The strategies of the luxury industry know no bounds and that’s why the market expects Kering to …
E-debate over Greta’s armchair: debunkers don’t understand leather
WEBDec 5, 2019 · A debate broke over one of Greta Thunberg’s armchairs…The Swedish activist appears in a picture while held by her mother. But he political adversaries, calling her a hypocrite, do so due to an armchair in the background. The more attentive ones recognized it: it’s the Eames Lounge Chair more, design piece from 1956 which is worth, depending on the producer, about 1,000 euro.
“If Italy is important for Porsche is also thanks to Pasubio”
WEBJun 27, 2022 · The interesting market of luxury automobiles. A fundamental part of the value chain. Italy is important for Porsche.Very important: said Barbara Frenkel, executive board member of the automaker.The manager, on a mission in Italy mid-June, visited three sites of the brand’s main suppliers.
Exports of Italian leather handbags slow to +3.7% in 9 months
WEBJan 18, 2024 · Exports of Italian leather handbags slow to +3.7%, according to data from Assopellettieri regarding the first 9 months of 2023.What emerges is a “Fall-slowdown for foreign sales” and a “strongly-impacted production activity”. This 4 th quarter will likely not bring any good news, and operators expects the …
LVMH join Masoni Industria Conciaria’s capital assets and board of ...
WEBDec 23, 2019 · A new financial deal has been engaging Italian leather industry and French high-end luxury. In fact, LVMH have joined Masoni Industria Conciaria’s capital assets.
There is crisis and crisis: "However, Vuitton is doing very well" says ...
WEBMay 30, 2024 · Regardless, “luxury is doing very well“.Word from Pietro Beccari, CEO of Louis Vuitton.The manager is extremely confident over a “great luxury renaissance“.Then, he talks about young people, prices, and his goals for the world’s largest brand.
“No chance”: no one should dare to buy Longchamp
WEBJul 29, 2024 · Luxury : Leather - Leather good. Independent, original and unusual. This is how CEO Jean Cassegrain sees “his” Longchamp, the French leather goods maison founded in 1848. Although not releasing financial figures, the company said its revenues grew by 44% in 2023. Cassegrain also attributes …
Richemont, responsible leather sourcing is the priority
WEBOct 21, 2020 · Sustainability Report 2020: Richemont illustrates how responsible leather sourcing takes place.From American alligators to other types of leather, the majority of which are made in Italy.. “Responsible sourcing of industry-specific raw materials, such as gold, diamonds, leathers, exotic leathers and precious stones, is a priority”.So we read in the report published on the website of the ...
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