Wednesday, 29 July 2009

Is There A Winner In The Lacroix Bidding War? – 29/7/09

According to the New York Times, struggling luxury brand Christian Lacroix has a serious bidder in the wings: the wealthy Italian Borletti family.

The Borletti family are part owners of Italy's favourite department stores, Rinascente and France's Printemps. Time will tell whether Lacroix will be given another life courtesy of the Borlettis. Perhaps the future for Lacroix does not lie in haute couture, but ready-to-wear and accessories – more accessible in terms of price and more opportunity for distribution...

Click here to read more on this new development.

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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,