Friday 14 May 2010

LVMH To Sell Kenzo? – 14/5/10


LVMH is not confirming the rumour, but Vogue has reported that LVMH received interest in one of the lower profile brands: Kenzo.

Market sources report that the luxury giant has enlisted investment firm Crédit Agricole to evaluate a possible sale of the French fashion house, which was acquired in 1993.

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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, www.moluxury.com.au