We found this story very interesting👜 #epsteinfiles #jeffreyepstein #luxuryindustry #fashionnews

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Despite macro headwinds, BNP sees luxury’s re-rating underway. Valuations now hinge on pricing power & moat—not just growth stories.
#LuxuryIndustry #FashionFinance #Hermès #Richemont #Prada #BNPParibas #Econsky

💸 Context: – Versace was acquired by Capri Holdings in 2018 for $1.8B

– Now sold to Prada for $1.38B
– Capri struggled to deliver a full turnaround

The move signals a return to Italian roots for the house of Gianni Versace.

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LVMH appoints three new CEOs in leadership reshuffle Top executives have been appointed by LVMH to serve as CEOs at its leading fashion houses, with Charlotte Coupé joining Kenzo and Ramon Ros taking over at Fendi. Both senior executives will answer to Sidney Toledano, senior advisor to the chairman of the LVMH Group and controlling shareholder of the corporation, Bernard Arnault. They formerly […] The post LVMH appoints three new CEOs in leadership reshuffle appeared first on Apparel Resources.

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