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Hosted by Epstein Drangel LLP, Partner Kerry Brownlee will be joined by Mattel, Inc.'s Daria Licausi and Racheal Irizarry-Sauer to explore the background of recent collaborations between Mattel and certain luxury brands, including its recent collaborations with Balmain, Moncler, Off-White, and Gucci, among others. They will touch upon how the deals developed, their successes, and the unique business and legal challenges involved in bridging the gap between the toy and luxury sectors. View the full agenda here https://lnkd.in/efkd9i54 #luxury #luxurybrands #luxurylaw 

Kering readies its big brands to do battle on Fifth Avenue A whopping 963 million dollars… Such was the total at play in a major real estate transaction recently finalised between Kering, retail giant SL Green and New York property tycoon Jeff Sutton. Situated at 715-717 Fifth Avenue, the space's strategic value cannot be understated. 🤼 As it is, the location is in a relatively competition-free neighbourhood. Indeed, though Giorgio Armani is currently just next door to the new acquisition—on the corner of Fifth Avenue and 56th Street—it is set to move further up Madison Avenue: good news for the Kering brand that will fill the new space. This stands in stark contrast to Gucci's location at 725 Fifth Avenue, for example, which became less desirable when Prada moved in across the street, at numbers 724 and 720. ❔In its drive to reconquer the US market, Kering has an array of choices of strategic brands to allocate the much sought-after location: BALENCIAGA, Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen… Yet as of now, the jury is still out as to which brand it will be. 📈After 2023—a year in which LVMH monopolised much of New York's Fifth Avenue—Kering now looks to be on the up and up. Yet it must first complete significant renovations on the space to prepare it for whichever fortunate brand is chosen to fill the highly-strategic location. To learn more about this strategic real estate acquisition, read our free investigative article: https://lnkd.in/eyxs2vtn

The 13 largest #luxury companies by market cap. Four fun facts: → $LVMH's market cap is more than double the size of the bottom ten companies combined. → $RMS is by far the largest single-brand company on the list, at 3.3x the size of $RACE. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, Brioni, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' >€13B. → Tiffany & Co. was acquired by LVMH during the pandemic at a $16B valuation, which would place them at #8 on this list. Source: Quartr

Quartr just created this infographic that illustrates the 13 largest #luxury companies worldwide by market cap. Four intriguing facts: → $LVMH's market cap is almost 60% larger than the combined market caps of the bottom 10 companies on the list. → $RMS is by far the largest single-brand company on the list and ~3.5x larger than $RACE. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' €13B. → Tiffany & Co. was acquired by LVMH during the pandemic at a valuation of $16 billion, which would place them at #8 on this list.

Cash rich luxury companies snap up high street retail properties in London, Paris and NYC. Instead of paying high rents, LVMH, Kering, Prada Group and Swatch Group used their cash reserves to spend more than USD 3 bn in the last 12 months for prime retail spaces for their own retail operations. Swatch Group reported today that they own now a real estate portfolio with a market value of CHF 4 bn with no debt attached. #realestate #luxury #retail #investments

In a period where the luxury sector faces a slowdown, Prada Group continues to thrive. However, CEO Andrea Guerra has stated in this article of Financial Times, that the group is not considering acquiring other Italian brands (rumors were about Versace or Armani). Instead, Prada is focusing on maximizing the potential of its existing brands, particularly MiuMiu, which has seen its sales nearly double. Guerra's strategy highlights the importance of nurturing and developing "experience shopping" through continuous investment in retail. #LuxuryFashion #GrowthStrategy #PradaGroup #BrandDevelopment https://lnkd.in/dYzqC3_f

🌟 Exciting news! Luxury retailers like Gucci and Chanel are making big moves in the American real estate market. Check out this article to learn more about their investments and how it could impact the industry. #LuxuryRetail #RealEstateInvestments

While many Americans are struggling to buy groceries and gasoline, multinational fashion giant Kering - the parent company of Gucci, Balenciaga, and Yves Saint Laurent - had $2 billion in free cash flow from operations last year, and is on a real estate spending spree. It recently paid $1.4 billion or $1766 per square foot for a retail property on the prestigious Via Montenapoleone, the Rodeo Drive of Milan. The seller was genius US REIT Blackstone. It paid $1.2 billion in 2021 for a 14 property portfolio of which the Via Montenapoleone property was only one. So the other 13 properties were free. The price represents a 2.5% cap rate. This follows the purchase this year of 715-717 Fifth Avenue in NYC for $963 million, or $2000 per square foot. #retail #commercialrealestate #blackstone

Quartr just created this infographic that illustrates the 13 largest #luxury companies worldwide by market cap. Four intriguing facts: → $LVMH's market cap is almost 60% larger than the combined market caps of the bottom 10 companies on the list. → $RMS is by far the largest single-brand company on the list and ~3.5x larger than $RACE. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' €13B. → Tiffany & Co. was acquired by LVMH during the pandemic at a valuation of $16 billion, which would place them at #8 on this list. 𝑷.𝑺. 𝑴𝒚 𝒆𝑩𝒐𝒐𝒌 '𝑩𝒆𝒚𝒐𝒏𝒅 𝑾𝒂𝒍𝒍 𝑺𝒕𝒓𝒆𝒆𝒕' 𝒊𝒔 𝒐𝒖𝒕 𝒏𝒐𝒘! Just drop your email in the link below, and I'll send it your way in a flash ⚡ https://lnkd.in/g9hwzUcR

Quartr just created this infographic that illustrates the 12 largest #luxury companies by market cap. Four fun facts: → $LVMH's market cap is 50% larger than the bottom 10 companies *combined*. → $RMS is by far the largest single-brand company on the list, 3.5x the size of $RACE for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' >€13B. → Tiffany & Co. got acquired by LVMH during the pandemic at a $16B valuation, which would place them at #7 on this list. Source: Quartr