Hints and tips:
...Instead, they deployed their money on buying up foreign brands such as Volvo Cars, Lanvin, Bally or Club Med — with mixed results....
...At the same time, JAB has also unwound its luxury investments by selling shoemaker Jimmy Choo, clothing brand Belstaff, and Swiss brand Bally, in which it retains a minority stake....
...The P&G beauty acquisition catapulted Coty from the world’s seventh-largest cosmetics group to the third — after L’Oréal and Estée Lauder....
...Hence it sold its Chinese business Yue-sai, formed as a joint venture in 1996, to L’Oréal....
...Jimmy Choo’s experience in the US will also help Bally expand there....
...L’Occitane, the French cosmetics and perfumery company, listed in Hong Kong in May as part of an Asian expansion strategy....
...Benckiser (JAB), the conglomerate controlled by Austria’s Benckiser family, which last month also acquired Bally, the Swiss luxury shoemaker....
...There were even trompe-l’oeil wedges that cantilevered inward at Alberta Ferretti. All in all, it’s been a good week for shoes....
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