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Alexander McQueen - 1 Yves Saint Laurent - 1 Marco Bizzarri - 1 Gucci - 1 François - 1 Henri Pinault - 1 Kering - 1 Dan Loeb’s - 1
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Kering’s - 1 Bluebell Capital Partners - 1 Partners - 1 Cartier - 1 BlackRock - 1 GlaxoSmithKline - 1

Search resuls for: "Francesco Trapani"


2 mentions found


☆ Luxury Goods Maker Kering Under Pressure After Executive Shake-Up
  + stars: | 2023-07-21 | by ( Michael J. De La Merced | Elizabeth Paton | More About Michael J. De La Merced | ) www.nytimes.com   time to read: +1 min
Kering, the French luxury goods company that owns brands like Balenciaga, Alexander McQueen and Yves Saint Laurent, surprised the fashion industry this week when it announced a sweeping reorganization of its top ranks, including the departure of Marco Bizzarri, the longtime chief executive of Gucci, Kering’s premier brand. Activists have turned on the luxury industry in recent years. Dan Loeb’s Third Point as well as Artisan Partners called for change at Richemont, the owner of jewelry brands like Cartier and Van Cleef & Arpels. But the most active recently is Bluebell, a four-year-old, $250 million firm that has also taken aim at Richemont, and the fashion brand Hugo Boss. Bluebell failed to persuade fellow Richemont shareholders to add Francesco Trapani, the former chief executive of Bulgari, as a director, but the conglomerate agreed to give public investors more influence.
Persons: Alexander McQueen, Yves Saint Laurent, Marco Bizzarri, Gucci, François, Henri Pinault, Kering, Dan Loeb’s, Van Cleef, Hugo Boss, Bluebell, Francesco Trapani Organizations: Kering’s, Bluebell Capital Partners, Partners, Cartier, BlackRock, GlaxoSmithKline Locations: London
☆ Private equity persuades Italian luxury suppliers that bigger is better
  + stars: | 2023-01-16 | by ( Elisa Anzolin Valentina Za | Elisa Anzolin | Valentina Za | ) www.reuters.com   time to read: +6 min
Nudged by private equity funds, those supplying the booming luxury goods industry are now finding strength in unity. Largely family-owned and small in size, these businesses often struggle to meet the changing needs of the luxury brands they work for. "Luxury brands have been growing exponentially: our customers needed us to grow with them," said Nicola Giuntini, whose Tuscany-based company makes luxury coats and jackets for brands including Celine, Burberry (BRBY.L) and Stella McCartney. PRODUCTION NICHESItaly's manufacturing sector has also been a hunting ground for big luxury brands keen to secure their supply chain. Italian private equity firm XENON International, for example, has bet on producers of materials and finishes for luxury items which it has grouped together in MinervaHub.
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