Gucci’s Post

The largest luxury companies by market cap. 🛍️LVMH's market cap is almost 60% larger than the bottom 10 companies. 👜Hermès is by far the largest single-brand company on the list, 3.5x the size of Ferrari 🏎️for example. Despite owning 10+ brands including iconic maisons such as Gucci 🐝, Saint Laurent👠, and Bottega Veneta🎒, Kering'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 #8 on this list.

Insights on Gucci's Strategic Hire: Stefano Cantino as Deputy CEO While all eyes have been on Valentino appointing Alessandro Michele as their new Creative Director, there'e been another very significant appointment in my opinion - Stefano "Midas Touch" Cantino's appointment at Gucci. With my ex headhunter's hat on here are some key takeaways: 🔹 Strategic Talent Acquisition: Cantino brings deep industry knowledge and a strong reputation from Louis Vuitton and Prada, positions him to drive strategic initiatives in communications and marketing. 🔹 Navigating Industry Challenges: Gucci's move amid sales decline is about leveraging Cantino's expertise for effective turnaround efforts. 🔹 Elevating Brand Image: Gucci's wants to refine its image and market positioning while maintaining luxury appeal. 🔹 Impact on Investor Perception: Cantino's appointment is crucial for restoring investor confidence through strategic planning and his track record of delivering tangible results. 🔹 Collaborative Leadership Dynamics: Perhaps most important, is Cantino's ability to collaborate with the CEO and other key leaders will be essential for driving a unified vision and strategic direction at Gucci. 🔹 Strategic Vision and Execution: This appointment is pivotal for executing a comprehensive turnaround strategy and restoring Gucci's competitiveness. Many will be watching this closely and we wish Stefano Cantino the very best in his new role. #luxpreneur #luxuryinsights #luxurynews #linkedinnews #linkedinluxury #gucci #luxuryleaders https://lnkd.in/eYFgdpxP

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*. → Hermès is by far the largest single-brand company on the list, 3.3x the size of Ferrari for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, Brioni, and Bottega Veneta, Kering'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.

Let me be surrounded by luxury, I can do without the necessities! —-Oscar Wilde World’s 12 largest luxury brands by market cap. Interestingly, → LVMH's market cap is 50% larger than the bottom 10 companies *combined*. → Hermès is by far the largest. single-brand company on the list, 3.5x the size of Ferrari for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, Kering'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.

Two great names in the luxury field joining forces, sharing know-how, financial resources and creating positive synergies! #chanel #MB&F #luxury #startup #businessdevelopment #salesdevelopment #scaleup #creativity

We just created this infographic that illustrates the 13 largest luxury companies by market cap. Four fun facts: → LVMH's market cap is almost 60% larger than the bottom 10 companies *combined*. → Hermès is by far the largest single-brand company on the list, 3.5x the size of Ferrari for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, Kering'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 #8 on this list.

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*. → Hermès is by far the largest single-brand company on the list, 3.5x the size of Ferrari for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, Kering'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.

Latest update on Luxury groups market cap

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

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