German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton, which is backed by luxury French fashion house LVMH, is preparing to launch an initial public offering (IPO) with plans to...
China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry had relied on a revival in China to offset the sluggishness in the U.S. market. However, this lifeline is no...
Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in core profit for last year, with sales climbing 10% at constant currencies. The company said sales in the shops it...
Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The suit was filed against Buffalo, N.Y.-based Kaitlyn Pan Group LLC and...
July 31, 2023
German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton, which is backed by luxury French fashion house LVMH, is preparing to launch an initial public offering (IPO) with plans to value the sandal maker at more than $8 billion, Bloomberg reported […]
April 24, 2023
Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in core profit for last year,...
April 11, 2017
No matter how high end or low end the brand may be, the digital revolution of the personalization-seeking consumer is impacting all retailers. As such, luxury brand Valentino has shared...
