I recently visited the “House of Wonders” exhibition currently being held in Ginza. Following the Patek Philippe exhibition in 2023 and the Vacheron Constantin exhibition in 2025, Audemars Piguet has finally completed what many collectors consider the final piece among the world’s “Big Three” watch exhibitions. Many readers may already remember the extraordinary global queues…
Is the luxury industry really in a downturn? At first glance, recent results from LVMH and Kering suggest a more cautious market environment. Growth has slowed, and some flagship fashion brands are facing pressure. Yet the latest performance of Richemont tells a different story. Led by its powerful jewellery maisons, including Cartier and Van Cleef…
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.
Restricted Stock Units (RSUs) are a common form of compensation, especially in multinational companies. While there are plenty of articles explaining what RSUs are, this article focuses specifically on RSU taxation, filing requirements in Japan, and potential cash flow risks. When Taxes Are Paid on RSUs Depending on your company, RSUs may be granted with…
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‥‥