Word: gucci
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...more than $6 billion. In the process, he has turned an industry that once consisted of hundreds of small, family-run companies into one dominated by a few luxury conglomerates, of which LVMH is pre-eminent. No other fashion brand is big enough to bid against him. Except one: Gucci...
Ironically, Arnault may have inadvertently midwifed the creation of his chief competitor. When Arnault launched a takeover of Gucci last year, quietly acquiring more than 20% of its outstanding shares--which he still holds--and then making an $8.7 billion bid for the whole firm, Gucci struck back by emulating the very business that was trying to acquire it. Gucci CEO Domenico De Sole and creative director Tom Ford started purchasing premium fashion brands in a bid to become a luxury superpower to rival LVMH...
...It’s in the Bag: Gucci sunglasses, Norton Anthology: Volume 2A, Bee punch event invitations, keys to the M3, Kheil’s lip balm, Nokia Model...
Crust of Bread (Demeter) Curve (Liz Claiborne) Rush (Gucci) Energizing Fragrance (Shiseido) Sonoma Valley (Crabtree & Evelyn) Holy Water (Demeter) Perceive (Avon) Clean Wet Laundry (smell THIS) Humidor (Demeter) Ultraviolet (Paco Rabanne) Vice Versa (Yves Saint Laurent) Canned Peaches (smell THIS...
...Browsing the Gucci boutiques at St. Maarten proved to be quite trying on both my patience and my moneypurse...