Luxury sector - News

[John Hjorth]

44 minutes ago, Cod Liver Oil said:

https://www.prnewswire.com/news-releases/l-catterton-acquires-kisshokichi-the-worlds-largest-kobe-beef-restaurant-chain-302519149.html
 

@John Hjorth how do you feel about beef? I’m thinking Richemont has the most solid position in luxury now and could make it large after some more bruising. 

 

@Cod Liver Oil,

 

I'm un-opinionated - this is going on in the Financiére Agache / Agache sphere, where I'm invested lower in total group breton pulley structure, in CDI.PA and MC.PA.

 

Quality beef is good, though. 

Edited August 1, 2025 by John Hjorth

[John Hjorth]

The Guardian [August 9^th 2025] : L’Oréal hires OnlyFans star to market makeup popular with teenagers

 

Subtitle : Campaigners warn collaboration with US adult content creator Ari Kytsya risks glamorising pornography industry.

 

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What? ... a porn-star?  - How a about reverse negative marketing and brand effects? -Desperate?, stupid?, lame? or bold? or which of them, or something else?

Edited August 10, 2025 by John Hjorth

[Dalal.Holdings]

https://www.bloomberg.com/news/features/2025-08-14/luxury-brands-jump-on-bag-charm-craze-to-boost-flagging-sales

 

Quote

The commercial director from New Jersey began buying the embellishments a year ago and now owns 30, the most expensive being a $1,010 Louis Vuitton crab charm that doubles as a small pouch.

 

Credit Crocs for the idea. Not sure how long lasting this will be and whether or not it will detract from the brands tho

[John Hjorth]

Interesting stuff about Giorgio Armanis estate and will on Bloomberg today :

 

Bloomberg - Pursuit [September 12^th 2025] : Armani Will Directs Sale of Italian Luxury House to Larger Group.

 

Quote

... The documents published Friday direct his heirs to sell an initial stake of 15% in Giorgio Armani SpA to one of three preferred buyers — LVMH Moet Hennessy Louis Vuitton SE, EssilorLuxottica SA or L’Oréal SA — or a company of similar standing within 18 months, according to a copy obtained by Bloomberg News. The buyer could then raise its holding to a majority after three years. ...

 

Edited September 12, 2025 by John Hjorth

[John Hjorth]

On 9/12/2025 at 1:41 PM, John Hjorth said:

Interesting stuff about Giorgio Armanis estate and will on Bloomberg today :

 

Bloomberg - Pursuit [September 12^th 2025] : Armani Will Directs Sale of Italian Luxury House to Larger Group. ...

 

Bloomberg - Pursuits [September 22^nd 2025] : L’Oréal Only Interested in Armani’s Profitable Beauty Business

 

Takeaways :

• L'Oréal SA would only be interested in Giorgio Armani's profitable beauty arm, according to a person familiar with the matter.
• Giorgio Armani's will cited L'Oréal, LVMH Moët Hennessy Louis Vuitton SE, and EssilorLuxottica SA as preferred bidders for an initial stake sale of 15% in Giorgio Armani SpA.
• L'Oréal will assess the Armani sale process but will stick to its core beauty strategy, and has a license with Armani to market its fragrance, makeup and skincare products until 2050.

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Personally, I don't think the business will be broken up by the estate in the sales process. Let's see.

 

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[Reaching out to @EgonKuhn.]

[EgonKuhn]

Thanks for sharing both articles @John Hjorth and nice greetings to Denmark from one of these stubborn grumpy Germans in the South

 

I like the disciplined approach of L'Oréal. According to the article most of Armani's EBITDA comes from their royalties, so the remaining part of the business doesn't seem to be so great in the first place.

 

I suspect Giorgio Armani would have been better advised to finalize the succession plan for his company while he was still alive. That could get a bit ugly, given the current weak phase of the industry.

[Spekulatius]

39 minutes ago, John Hjorth said:

 

Bloomberg - Pursuits [September 22^nd 2025] : L’Oréal Only Interested in Armani’s Profitable Beauty Business

 

Takeaways :

• L'Oréal SA would only be interested in Giorgio Armani's profitable beauty arm, according to a person familiar with the matter.
• Giorgio Armani's will cited L'Oréal, LVMH Moët Hennessy Louis Vuitton SE, and EssilorLuxottica SA as preferred bidders for an initial stake sale of 15% in Giorgio Armani SpA.
• L'Oréal will assess the Armani sale process but will stick to its core beauty strategy, and has a license with Armani to market its fragrance, makeup and skincare products until 2050.

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Personally, I don't think the business will be broken up by the estate in the sales process. Let's see.

 

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[Reaching out to @EgonKuhn.]

Seems like tailor made (pun) for LVMH to acquire.

[John Hjorth]

1 minute ago, Spekulatius said:

Seems like tailor made (pun) for LVMH to acquire.

 

Yes, @Spekulatius,

 

!

[John Hjorth]

6 hours ago, EgonKuhn said:

Thanks for sharing both articles @John Hjorth and nice greetings to Denmark from one of these stubborn grumpy Germans in the South

 

I like the disciplined approach of L'Oréal. According to the article most of Armani's EBITDA comes from their royalties, so the remaining part of the business doesn't seem to be so great in the first place.

 

I suspect Giorgio Armani would have been better advised to finalize the succession plan for his company while he was still alive. That could get a bit ugly, given the current weak phase of the industry.

 

Hi Egon [ @EgonKuhn ],

 

Greetings from Denmark to the stubborn grumpy Germans in the South and you! lol! 

 

Yeah, it will certainly be interesting how this is going to play out!