LVMH, Richemont and Kering have all now reported. Revenue growth: Richemont +17%, LVMH and Kering both −3%. The two declines are not the same decline. LVMH is a plateau with earnings power intact; Kering is a recovery phase with restructuring underneath it. What this set of results shows is that portfolio composition, not brand strength…
An analysis of how Audemars Piguet’s Royal Pop differs from MoonSwatch, focusing on luxury strategy, scarcity management, brand equity.
In 2026, the global luxury industry is entering a structural turning point. Kering has announced its “ReconKering” strategy at its Capital Markets Day, signaling a fundamental shift in how value is created and sustained. This article analyzes Kering’s transformation through the lenses of industry structure, M&A strategy, and financial discipline. Chapter 1: Strategic Background of…
An analysis of LVMH, Richemont, and Kering earnings. Discover which luxury brands are winning and how the luxury market slowdown is reshaping the industry.
As a certified public accountant specializing in the luxury goods industry, I’ve compiled an in-depth comparative analysis of three major luxury conglomerates—LVMH, Richemont, and Kering—based on their IR disclosures as of March 2025. 📊Executive Summary: Key Performance Metrics Company YoY Revenue Growth Key Highlights LVMH ▼ 3% Wines & Spirits ▼9%, Japan ▼1% Richemont ▲…
Luxury Giants LVMH, Richemont, and Kering: Q3 2023 Performance Comparison On Friday, 10 November, Richemont released its interim results, completing the lineup of Q3 earnings from the three luxury giants: LVMH, Richemont, and Kering. This article compares their recent performances and highlights key trends across the sector. Summary of the Three Companies The table below…
On Sep, exciting watch event by Cartier was held on Harajuku. Through this exhibition, it made me clear new trend for luxury industry’s exhibition Trend of Luxury industry exhibition Cartier Watch exhibition was not only watches, but also “experience” was another key word. For example, the exhibition used the latest VR technology. So, visitor could…
This blogs picks up M&A for Tapestry, which owns American luxury brnad COACH. How do you feel when you read this article ? Maybe, main question is‥‥
For a while, luxury industry has been occupied by three big conglomerate ; LVMH, Kering and Richemont. The most well-known brands which Richemont has, both Cartier and Van Cleef & Arpels.