Zegna’s Post

The first big buyout in Beauty is already upon us! Showing that the industry is still booming from the incredible deals we saw at the end of 2023! Is invest or a sale in your business strategy in the next 5 years? Let’s jump on a call to get your destination strategy on a roll to make this happen #altitude #beauty #buyouts #strategy #investors #investments

Hello Remo ,looks magical your Moncler Grenoble FW24St Moritz Congratulations 🎉 I still remember how gracious you were in your office meeting so many years ago when we discussed the expansion opportunities with Lulu /Group / colleagues in 🇨🇳China💥 …,,currently I am planning another equally valued,presentation, for your interest in “virtual world” branding action adventure, meets storytelling, product sales, audience: customer engagement : globalization of social interaction it has it all , from traditional media “ storytelling “ engagement to web 3 platforms “ to a value building of NFT “ Branded entertainment, on a faster trajectory to consumer engagement. Phase one building of sports fans www.Fansxr.com world’s like Roblox to next gen www.Upland.me

VIC Strategies in Luxury Fashion: Added Value for Male Customers In the publication about the failure of LVMH owned 24S to implement a concierge service for top spenders, I mentioned three core service points in the #VIC experience: 1) Supply 2) Professionalism 3) Emotional engagement | Extra value In another publication on men's #QuietLuxury brands (#BrunelloCucinelli, #LoroPiana, and #Zegma) and how to sell them, I noted there are differences in strategy for male customers. So if we move past supply and professionalism, we can then focus on extra value, which is more important for men rather than emotional engagement. What can be extra value? The opportunity to establish contacts among those who can afford to buy such brands on a regular basis and to expand their social circle. Examples: Brunello Cucinelli frequently hosts cocktail events. For instance they had a joint event with Net-a-Porter in Aspen in January this year to where I was invited, but unfortunately couldn’t attend. Zegna although not participating in Milan Design Week 2024 with a display, hosted an intimate dinner for the brand's friends. #ClientRelations #VICstrategies #communication #LuxuryFashion #Luxury

Just returned from FT Live Business of Luxury Summit in Venice. 3 key insights: 1. Despite the slowing demand in China it is still THE source of growth in Luxury by far. And it will remain as such for the next few years even when other countries accelerate. 2. All Luxury conglomerates experiment with AI as well as generative AI, but are carefully mitigating risk while striving for perfection in execution. 3. TikTok remains THE channel to generate growth and speak to GenZ and GenA. Incredibly insightful discussions with industry leaders discussing key topics: - Andrea Guerra CEO of Prada Group shared his insights on growth, M&A strategies and their potential second listing on the stock exchange in Milano. - Keyu Jin, Associate Professor of Economics at The London School of Economics and Political Science (LSE) and board member at Richemont Group and Martin Wolf, CBE, Chief Economics Commentator at the Financial Times discussed the state of the global economy and its implications for the luxury sector. - Francesca Bellettini, Deputy CEO of Kering Group, reflected on the incredibly fast growth path of Gucci in the last years and the positive way the group is facing its challenges. #FTLuxury #LuxurySummit #Venice2024 #LuxuryIndustry #FTLive

Richemont Grew Smartly Luxurys third most valuable company and owner of brands including Cartier, dunhill and Jaeger-LeCoultre has grown into markets smartly. #growthstrategy Richemonts largest market is China and Asia minus Japan. This is where they made 40% of their revenue in 2023. What i like about how they've grown is that not one market accounts for over 50% of revenue. If one market suffers they have solid reliable performance in other markets. Very well poised and balanced business. Scientia est Potentia - Knowledge is Power #richemont #luxurymarket #thefreshkid

Thrilled to announce the completion of my 'Inside LVMH' certification, a month-long adventure exploring the heartbeat of luxury across four captivating modules: - LVMH & The Luxury Industry - Luxury & Sustainability - Creation & Branding - Operations & Supply Chain In this dynamic journey, I delved into the essence of LVMH's ecosystem, unraveled the sustainable practices within luxury, explored the artistry of creation and branding, and navigated the intricate operations and supply chain of this fascinating industry. Heartfelt appreciation to LVMH for this immersive odyssey. #InsideLVMH #LuxuryInsights #ElevatingLuxury 🌟👜✨"

Frederic Arnault to become CEO of LVMH Watches. LVMH Watches & Jewelry Simon-Jules Darthos Laura Stritt Elena de Cominges chao ROZE Antonella Marcìa Rosa Ferreiro Juan Romero Brufau Theresa Suesakul, SPHR Chloe Pan Antonia Albert Seitaro Kano Aliya-Mara Krucker #pentoz #ceo #innovation #ai #news #newsupdate #update #january #january2024 #developmentcompany #appdevelopmentcompany #innovation2024

At the LVMH Watch Week gathering in Miami, the mood was lifted this week not just by the winter sun, but by news that the Swiss watch industry had bucked fears of a downturn in late 2023 to report record sales. On Tuesday, the Federation of the Swiss Watch Industry published figures showing that in 2023, Swiss watch exports increased 7.6 percent to 26.7 billion Swiss francs ($31 billion), a new high-water mark for the sector. Brands and retailers had warned of cooling demand in the autumn, with waiting lists coming down and supply finally catching up with backlogs created during Covid factory lockdowns. But FHS found exports had continued to rise through the end of the year, up by 5.5 percent in December. Bulgari chief executive Jean-Christophe Babin, who was in Miami at his parent company’s event, told BoF that for a two-month period that began in mid-August, sales had dropped off “for reasons which are still hard to explain,” but that by mid-October the trend had reversed. “When I built my budget for 2024, I was a bit pessimistic, initially [forecasting] cautious single-digit growth,” he admitted. “But we may eventually push it up. Based on the last quarter, I don’t see any reason why we shouldn’t continue to grow nicely.” Read more on what the chief executives of Bulgari, TAG Heuer, and Hublot and Zenith had to say to BoF on how they are adapting their strategies for an uncertain market. ✍️ Robin Swithinbank #LuxuryWatches

Timeless elegance paired with innovation - TAG Heuer has always evolved since 1860, 2023 is not only the year of the #Carrera collection, but also a year that shows that #luxury is changing. Watches of Switzerland Group PLC has been expanding into #Europe since 2022, with the opening of the first boutique in #Germany in June 2023 in Berlin, showing that the potential is far from exhausted, but is only just beginning. 2023 - a year that sets a new course, shows where the journey can go - 163 years after the founding of #Heuer, TAG Heuer is now at a point that is completely #unique, because not only LAB-grown diamonds are conquering the world, but also a #sustainable approach to resources and the chance to #rethink... #pointofexperience #watches #kudamm

Richemont are Sensible Luxurys third most valuable company and owner of brands including Cartier ,dunhill and Jaeger-LeCoultre continues to grow smartly. #luxurybrand Revenue is up 3% year on year to €21 billion in 2023. #growth Richemont quite sensibly has grown its revenue steadily over the last 6 years, only suffering and benefitting from the boom and bust of the pandemic. Richemont is in a good position and has a lot of strengths. I'm a believer in sustainable and slow growth over a very long period of time and Richemont's approach. There are however as i discovered some potentially serious challenges ahead. Will be sharing insight into this during the week. Scientia est Potentia - Knowledge is Power #luxurymarket #richemont #thefreshkid