Thursday, 4 March 2010
German billionaires the Reimanns are making noises to Bloomberg about further brand acquisition through their company, the Labeluxe Group.
Currently, the Reimann family own the Swiss premium brand Bally and New York based fashion label Derek Lam.
The timing seems ripe and they have many ‘cherries’ to choose from; it all comes down to the right vision, facts and figures…
We believe that Labeluxe could become a significant player on the luxury goods conglomerate chessboard by acquiring a portfolio of brands and investing in their growth and success. We’ll keep following their progress.
Who's behind the MO DOWN
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, www.moluxury.com.au