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The stock exchange is back in fashion
After the recent ipo openings by Dolce&Gabbana and Armani, MFF requested PwC to identify other noteworthy ones. In consideration are Otb group, Valentino, Max Mara, Calzedonia, Liu Jo and Golden goose. «This listing may aid in managing generational transitions while retaining a position of influence», they explained
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Ferragamo faces challenges amidst rebranding efforts and hopes for a China recovery
MFF is currently investigating the future of the fashion house. Analysts are cautious as they await the transformation of the Gobbetti-led Group. The main goals now are to successfully integrate the rebranding, leading to potential sales benefits by 2024 as stated by Citi and Mediobanca. At the same time, the industry is waiting for Chinese consumer recovery
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The market believes in Prada’s potential to double its revenue
The Milan-based ceo Guerra aims for 8 billion in revenues through «purely organic growth». Analysts in this MFF survey believe it is an achievable goal. According to Gam, «it could be accomplished within ten years without M&A». Ubs considers improved in-store conversions and sales of leather goods as crucial pillars for success
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Missoni’s phase 2
Five years after Fsi’s entry, there are two possible outcomes for the 125 million revenue brand. One option is to sell to an industrial partner, with Rothschild providing advice. Alternatively, the brand can continue to operate independently. Ceo Livio Proli stated that the «shareholders are not in a rush». The brand is currently considering the acquisition of a supply chain partner, the opening of a new shop in Milan, and the initiation of real estate projects
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Sport marketing towards 102 billion euros in 2030
According to PwC, the sports sponsorship market is forecasted to double in size, propelled by the fashion and luxury industries. Starting from around 60 billion in 2021, notable deals include Lvmh’s 150 million agreement with Paris 2024 Summer Olympics, as well as partnerships between Armani, Zegna, and Gucci with tennis player Jannik Sinner
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Fashion brands like Gucci and Louis Vuitton are targeting Southeast Asia, a destination worth 12 billion dollars
Big brands like Gucci in Vietnam and Vuitton in Singapore are targeting Indochina. MFF’s survey of the new fashion and luxury frontier shows that the area is already absorbing up to 3% of the market, with Thailand leading the race. «The region has great potential, with middle- and upper-income consumers growing by 15% in 2023», analysts at Bain explained
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Genny’s American dream
The Swinger international brand opens its inaugural store in Beverly Hills, marking the beginning of its expansion in the celebrity-laden region. «This is only the first stride towards our growth plan in the coming years», ceo Mathias Facchini told MFF. The brand is already venturing into handbags and footwear, and is researching menswear
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Luxury at 1.5 trillion euros in 2023
Bain predicts that the sector will experience 8-10% growth in 2023, and by 2024, Altagamma Consensus projects ebitda will increase by +4%. «Companies in the sector could invest in green initiatives and ensure a return with Government funding», Renzo Rosso stated
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Luxury at 1.5 trillion euros in 2023
Bain predicts that the sector will experience 8-10% growth in 2023, and by 2024, Altagamma Consensus projects ebitda will increase by +4%. «Companies in the sector could invest in green initiatives and ensure a return with Government funding», Renzo Rosso stated
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Dolce&Gabbana’ ipo is potentially valued at 6 billion euros
If the company decides to go public, market experts contacted by MFF estimate that its capitalization would be around four times its sales, which equates to 1.6 billion euros. Going public would improve the company’s image and give them access to the liquidity required to sustain growth, diversifying their financial sources
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Menswear sales reached 5,4 billion euros prior to the Pitti uomo event
The industry’s exports grew by 11,4% in the past seven months, driven by France, Germany, and the US. This data was presented during the 105th edition of the show, which will take place from January 9-12, 2024, featuring 835 brands. Magliano, Todd Snyder, and S.S. Delay will be among the guests, while the Tod’s for Automobili Lamborghini project and Guess’ new product line in Florence will be unveiled
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Armani’s valuation on the stock market is at least 5 billion euros
If the company decides to go public in five years once the bylaws governing succession are enforced, it should have a capitalization of around 25 times earnings. According to analysts, the company has the potential to enter the Ftse Mib and achieve success similar to Moncler, which had a market cap of 14 billion ten years after its ipo
