Revantage UK, A Blackstone Portfolio Company’s Post

The collaboration between Victoria’s Secret & Co. and Luckin Coffee highlights again the power of fashion and food collaborations in the industry at the moment. More than anything, I truly believe this is a type of partnership which can be perfect for travel retail. If food is the new luxury, and F&B is the growth market in travel retail, then surely this is an opportunity the luxury sector cannot miss? #luxury #food #travelretail

🚀 Thrilled to share my contribution to the latest article on FashionUnited about the challenges and triumphs of maintaining concept stores in Spain. In the piece, I discuss how concept stores like Dover Street Market and Merci have become tourist destinations due to their unique curations. As I mentioned, "In a globalized market, it's increasingly difficult to surprise people. This exclusivity requires higher margins to sustain the business model." Check out the full article for insights into the evolving retail landscape: Read Here: https://lnkd.in/dz7ZH9u6 #Retail #ConceptStore #LuxuryBrands #BusinessStrategy #FashionUnited

VIC Strategies in Luxury Fashion: Added Value for Male Customers In the publication about the failure of LVMH owned 24S to implement a concierge service for top spenders, I mentioned three core service points in the #VIC experience: 1) Supply 2) Professionalism 3) Emotional engagement | Extra value In another publication on men's #QuietLuxury brands (#BrunelloCucinelli, #LoroPiana, and #Zegma) and how to sell them, I noted there are differences in strategy for male customers. So if we move past supply and professionalism, we can then focus on extra value, which is more important for men rather than emotional engagement. What can be extra value? The opportunity to establish contacts among those who can afford to buy such brands on a regular basis and to expand their social circle. Examples: Brunello Cucinelli frequently hosts cocktail events. For instance they had a joint event with Net-a-Porter in Aspen in January this year to where I was invited, but unfortunately couldn’t attend. Zegna although not participating in Milan Design Week 2024 with a display, hosted an intimate dinner for the brand's friends. #ClientRelations #VICstrategies #communication #LuxuryFashion #Luxury

Good morning everyone, today I would like to analyze with you how consumer habits are changing in the world of Luxury Brands E-commerce through this very interesting video to stay updated. GLBITALY

🇲🇽 Mexico's Multibillion-Dollar Allure for American Beauty Retailers 💄 According to an article from Beauty Independent, the Mexican beauty market is booming, and American retailers can't resist its siren call. 🤑 The article dives into the factors fueling this irresistible trend, from the country's rapidly growing middle class to the untapped potential of e-commerce. Get ready to be captivated by the numbers: Mexico's beauty and personal care market is projected to reach a staggering $14 billion by 2026. 💰 That's a growth rate that's hard to ignore, and savvy American brands are taking note. But it's not all about the money. The article explores how cultural nuances and consumer preferences are shaping the Mexican beauty landscape, and what American retailers need to understand to succeed in this dynamic market. 🌮 So, if you're curious about the next big thing in global beauty, buckle up and get ready to discover the secrets of Mexico's booming beauty scene. MESSAGE US today to get started manufacturing your Personal Care and Wellness Products for your Mexico Ecomm Marketplace .🇲🇽✨ Article: https://lnkd.in/d_j86g2J

In the first half of 2024, the Czech #retail market saw a record entry of 20 new brands. Cushman & Wakefield Newcomers H1 2024 report include highlights of luxury names like Balmain Hair Couture, Parfums Christian Dior or Le Labo. Notably, Prague welcomed 19 of these brands, with diverse sectors represented from health and beauty to food and electronics. This trend underscores the growing attractiveness of the #Czech market for premium and diverse retail offerings, reflecting evolving consumer preferences for quality and variety. Find out more in the Forbes Česko article: https://lnkd.in/dydz4C-U #Newcomers #CWRetail

Beauty retail giant L’Occitane International has reported unaudited sales of €843.4 million (US$912 million) for the quarter ended December 31, up 19.5 per cent. Revenue for the nine months reached $2 billion, surging 18.9 per cent year on year. The company said the growth was mainly driven by “the continued outperformance of Sol de Janeiro, the decent performance of Elemis and the steady growth of L’occitane en Provence in China”. #Sales in Asia Pacific were down 3.8 per cent year on year during the period, from $342.7 million to $333.1 million due to foreign currency translation effects. Meanwhile, sales in the Americas and EMEA increased 64.5 per cent and 4.6 per cent respectively. #loccitane #beauty #asia #retail #sales

Even though it's been about six years since I left Puig, I still feel a strong sense of pride in its ongoing success. My twelve years there were crucial in shaping the professional I am today. The Spanish beauty giant soared to new heights in 2023, closing the year with record-breaking net revenues of 4,304 million euros, marking a remarkable 19% increase over 2022. This growth, which surpassed expectations set in 2021, demonstrates the company's unwavering commitment to excellence. Notably, net profit surged to 465 million euros, a 16% rise from the previous year. Key highlights include: 🌟 Puig's across-the-board growth in segments, with double-digit revenue increases, outpacing market averages. 💼 Rabanne crossing the 1 billion euros net revenue milestone for the first time, alongside the successful rebranding efforts and rapid growth of Jean Paul Gaultier. 💄 Strong makeup segment performance, led by Charlotte Tilbury's phenomenal success globally and the positive reception of Rabanne's makeup line. 💆♀️ Skincare emerging as Puig's fastest-growing segment, with a remarkable 31% revenue increase, driven by flagship products like Charlotte Tilbury's Magic Cream and strategic acquisitions like Dr. Barbara Sturm. #puig #beauty #market #luxury