#Luxury Brand #Retail Stocks Update; (NYSE: $KORS), ( $LVMH.MI), (OTCQB: $RGNP)
Point Roberts, WA, Delta BC –October 4, 2016 – Investorideas.com, a global news source and investor resource issues an update on the luxury brand stock sector , companies that cater to the high-income consumer..
Recent news from the sector:
RIMOWA, Global Leader of High Quality Luggage, Joins the LVMH Group
October 04, 2016
RIMOWA, Global Leader of High Quality Luggage, Joins the LVMH Group
PARIS–LVMH Moet Hennessy Louis Vuitton (Paris:MC.PA; OTC:LVMUY) Dieter Morszeck, grandson of the founder of RIMOWA, has chosen to partner with the LVMH Group with a view to preserving the spirit of excellence and the long-term vision that have inspired his family and the company’s employees for over a century.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161004005710/en/
Under the terms of the agreement, Dieter Morszeck will sell a majority stake to the LVMH Group while continuing to hold equity in the business and maintaining his leadership functions.
RIMOWA will then become the first German Maison of the LVMH Group.
Upon completion of the transaction, Alexandre Arnault will be appointed co-CEO of RIMOWA.
Founded in Cologne in 1898, luggage and leather goods maker RIMOWA has become one of the quintessential houses for innovative, high-quality luggage over the course of the twentieth century. The business has built its reputation designing lightweight and easy to use luggage and RIMOWA suitcases today serve as the industry benchmark for German quality.
Since its creation by Paul Morszeck, innovation has been at the heart of RIMOWA’s strategy. In 1937, his son Richard launched the first aluminium suitcase available on the market. The aluminium structure comprising parallel grooves makes the luggage instantly recognisable and has played its part in building the reputation of RIMOWA among a sophisticated international clientele. His son Dieter designed the first waterproof metal case in 1976, since which time RIMOWA suitcases have become the travelling companion of choice for the greatest filmmakers, photographers and journalists.
Krista McDonough Promoted to General Counsel for Michael Kors
September 30, 2016 LONDON—-Michael Kors (NYSE:KORS), a global luxury lifestyle brand, is pleased to announce that effective October 1, Krista McDonough will be promoted to the position of Senior Vice President, General Counsel, reporting to John Idol, Chairman & Chief Executive Officer.
Krista McDonough joined Michael Kors in 2011, and has been Deputy General Counsel since June 2015. Previously she was at Paul, Weiss, Rifkind, Wharton & Garrison LLP. She has a law degree from New York Law School.
“Since joining Michael Kors, Krista has been an integral part of the Legal Department. She brings many strengths to this position,” says Mr. Idol, “including valuable experience in corporate governance, securities law, employment matters and intellectual property enforcement.”
Ms. McDonough succeeds Lee Sporn who, after 13 years as Michael Kors’ General Counsel, is retiring to become a full-time law professor. “I am very grateful for Lee’s many contributions to Michael Kors,” says Mr. Idol. “He has been a strong and important partner to me and to the leadership team.”
Online #Jewelry News: Reign Sapphire (OTCQB: $RGNP) Launches the Inaugural Reign #Sapphire Jewelry Collections Look Book and Style Guide
BEVERLY HILLS, CA – September 29, 2016 (Investorideas.com Newswire) Reign Sapphire Corporation, (OTCQB: RGNP) (“Reign” or the “Company”), which produces and markets Australian Sapphire Jewelry, today announced the launch of its Inaugural Reign Sapphires Jewelry Collections Look Book and Style Guide, presenting Reign’s lifestyle campaign and jewelry collections recently launched on www.reignsapphires.com.
The Reign Sapphires Jewelry Collections Look Book and Style Guide features images of Reign Sapphires’s three distinct inaugural jewelry collections, Reign Opulence, Reign Signature and Reign Classics, featuring rings, bracelets and necklaces, predominantly comprised of 1.5mm to 4.5mm diamond and princess cut sapphire melees.
Read this release in full at http://www.investorideas.com/news/2016/retail/10041RetailStocks.asp
Luxury Retail Brands Stocks
Reign Sapphire Corporation (OTCQB: RGNP) Based in Beverly Hills, California, Reign Sapphire Corporation, a fully reporting, DTC eligible company, is the first mine-gate to customer jewelry company to sell branded Australian Sapphire jewelry direct to consumers, and the first US based jewelry company to exclusively market jewelry products featuring a specifically colored gemstone – in this case branded Australian Sapphire. The Reign Philosophy is to disrupt the market offering of traditional jewelry with design innovation and use of social and digital media networks. Retail Website: www.reignsapphires.com Corporate Website: www.reignsc.com
BMW (Xetra:BMW.DE) together with its subsidiaries, engages in the development, manufacture, and sale of cars and motorcycles worldwide. The company operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in developing, manufacturing, assembling, and selling cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brands, as well as provides spare parts and accessories. This segment sells its products through independent and authorized dealers. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles under the brand name of BMW Motorrad, as well as offers spare parts and accessories. The Financial Services segment engages in car leasing, fleet business, multi-brand business, retail customer and dealer financing, customer deposit business, and insurance activities.
Burberry Group plc (LSE:BRBY.L) designs, makes, sources and sells products under the Burberry brand. Product design and development are centred in Burberry’s London headquarters. Fabrics and other materials are bought from, and finished products manufactured at, both Company-owned facilities in the UK and through an external supplier network, predominantly located in Europe. Creative and marketing content and programmes are developed internally to engage and connect the brand and its products with consumers. Burberry products are sold globally through its stores and Burberry.com, as well as through third-party wholesale customers, both offline and online. In a few selected areas, Burberry uses the product and distribution expertise of licensing partners to develop the business.
Christian Dior (Paris:CDI.PA) has six principal product lines: Christian Dior Couture, marketed under the Christian Dior brand; Wines and Spirits, including the Moet & Chandon, Veuve Clicquot, Hennessy and Dom Perignon brands, among others; Fashion and Leather Goods, comprising the Louis Vuitton, Fendi, Marc Jacobs and Kenzo brands, among others; Perfumes and Cosmetics, including the Guerlain, Givenchy and Christian Dior brands, among others; Watches and Jewelry, comprising the TAG Heuer, Chaumet and Zenith brands and others, and Selective Retailing, such as the Sephora, DFS and Le Bon Marche brands, among others. The Company distributes its products through the Company-owned shops and licensed distributors in Europe, the United States, Japan and Asia Pacific.
Coach, Inc. (NYSE:COH) is a leading New York design house of modern luxury accessories and lifestyle brands. The Coach brand was established in New York City in 1941, and has a rich heritage of pairing exceptional leathers and materials with innovative design. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website. In 2015, Coach acquired Stuart Weitzman, a global leader in designer footwear, sold in more than 70 countries and through its website
Elizabeth Arden (NasdaqGS:RDEN) is a global prestige beauty products company with an extensive portfolio of prestige beauty brands sold in over 120 countries. The Company’s brand portfolio includes Elizabeth Arden skin care, color and fragrance products; its professional skin care line, Elizabeth Arden PRO; the celebrity fragrance brands of Justin Bieber, Mariah Carey, Nicki Minaj and Taylor Swift; the designer fragrance brands of Juicy Couture, John Varvatos and Wildfox Couture; and the heritage fragrance brands of Alfred Sung, Britney Spears, Curve, BCBGMAXAZRIA, Elizabeth Taylor, Geoffrey Beene, Giorgio Beverly Hills, Halston, Ed Hardy, Jennifer Aniston, Lucky Brand, Rocawear, PS Fine Cologne and White Shoulders.
Estee Lauder (NYSE:EL) is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M•A•C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, GoodSkin Labs, Tom Ford, Ojon, Smashbox, Ermenegildo Zegna, AERIN, Osiao, Marni, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GLAMGLOW.
Ferrari N.V. (NYSE: RACE) is among the world’s leading luxury brands focused on the design, engineering, production and sale of the world’s most recognizable luxury performance sports cars. Ferrari brand symbolizes exclusivity, innovation, state-of-the-art sporting performance and Italian design. Its history and the image enjoyed by its cars are closely associated with its Formula 1 racing team, Scuderia Ferrari, the most successful team in Formula 1 history. From the inaugural year of Formula 1 in 1950 through the present, Scuderia Ferrari has won 224 Grand Prix races, 16 Constructor World titles and 15 Drivers’ World titles, including most recently the Constructor World title in 2008. Ferrari designs, engineers and produces its cars in Maranello, Italy, and sells them in over 60 markets worldwide.
Hermes (Paris: RMS.PA) engages in the production, and retail and wholesale distribution of consumer goods worldwide. The company offers silk and textiles, and ready-to-wear garments for men and women; leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, equestrian products, and clothing; accessories, including jewelry in leather, enamel, metal, horn and wood, men’s jewelry, belts, gloves, and hats; art of living products comprising furniture and lighting, furnishing fabrics and wallpapers, decorative objects, and tableware; jewelry and jewelry accessories; perfumes and fragrances; watches; and tableware. It also engages in the purchase, tanning, dyeing, and finishing of skins; and weaving, engraving, printing, dyeing, and finishing of textiles. The company sells its products through a network of 311 retail stores. In addition, it sells watches, perfumes, and tableware through networks of specialized stores and in airport duty-free stores.
Hugo Boss (XETRA:BOSS.DE)is one of the market leaders in the premium and luxury segment of the global apparel market. It focuses on developing and marketing of premium fashion and accessories for men and women. Headquartered in Metzingen, it is one of the most profitable listed apparel manufacturers in the world. The fascinating brand world of HUGO BOSS comprises the collections of BOSS, BOSS Orange, BOSS Green and HUGO. The brands cover a comprehensive product range encompassing classic to modern apparel, elegant eveningwear, sportswear, shoes and leather accessories as well as licensed fragrances, eyewear, watches, children’s fashion, home textiles and mobile accessories.
Jimmy Choo (LSE:CHOO.L) Since the opening of its first store in London in 1996, Jimmy Choo has grown to become a leading luxury shoe specialist. Jimmy Choo has a unique, powerful brand which is globally recognised.
Kate Spade (NYSE:KATE) designs and markets accessories and apparel principally under two global, multichannel lifestyle brands: kate spade new york and Jack Spade. With collections spanning demographics, genders and geographies, the brands are intended to accent customers’ interesting lives and inspire adventure at each turn. The Company also owns the Adelington Design Group, a private brand jewelry design and development group that markets brands through department stores and serves jcpenney via exclusive supplier agreements for the Liz Claiborne and Monet jewelry lines. The Company also has a license for the Liz Claiborne New York brand, available at QVC, and Lizwear, which is distributed through the club store channel.
Kering Holland (Paris:KER.PA) is a world leader in apparel and accessories, which develops an ensemble of powerful brands. Focused on a single business, we design, manufacture and market desirable products across two fast growing segments-Luxury: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Sergio Rossi, Boucheron, Dodo, Girard-Perregaux, JEANRICHARD, Pomellato, Qeelin and Ulysse Nardin, Sport & Lifestyle: Puma, Volcom, Cobra, Electric and Tretorn. Our brands are complementary and all enjoy strong potential for organic growth. They have global recognition, are deep rooted and true to their distinctive values.
L’Oreal SA (Paris:OR.PA) is a holding company. The Company has a role of strategic coordination and of scientific, industrial and marketing coordination of the L’Oreal Group (Group) on a global basis. The Group creates and develops cosmetic products. The Company’s Cosmetics branch is organized into four operating divisions. Professional Products division offers beauty products used and sold in hair salons. Consumer Products division offers products sold in mass-market retail channels. L’Oreal Luxe division offers products sold in selective retail outlets, i.e. department stores, perfumeries, travel retail, the Group’s own boutiques and certain online sites. Active Cosmetics division offers products for borderline complexions. The Company’s Body Shop branch offers naturally inspired cosmetics and toiletry products.
Luxottica Group (NYSE:LUX) is a leader in premium fashion, luxury and sports eyewear, with a global wholesale network involving 130 different countries, over 7,000 optical and sun retail stores in North America, Latin America, Asia-Pacific, China, South Africa and Europe and a strong, well-balanced brand portfolio. The Group’s products are designed and manufactured at its six manufacturing plants in Italy, three wholly owned plants in the People’s Republic of China, one plant in Brazil and one plant in the United States devoted to the production of sports eyewear.
LVMH Moet Hennessy Louis Vuitton (Paris:MC.PA; OTC:LVMUY) operates as a luxury products company worldwide. The company operates through six segments: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing, and Other Activities and Holding Companies. Its wines and spirits comprise champagne, sparkling and still wines, cognac, scotch whisky, white spirits, and other wines under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Mercier, Ruinart, Château dYquem, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Cape Mentelle, Newton Vineyard, Terrazas de los Andes, Cheval des Andes, Numanthia, and Wenjun brands. The company also offers trunks, leather goods, men’s and women’s ready-to-wear, shoes, watches, jewelry, sunglasses, books, silk accessories and fragrances, haute couture, and gifts; shirts, ties, and accessories for men; and children’s wear and accessories under the Louis Vuitton, Céline, Berluti, Kenzo, Givenchy, Marc Jacobs, Fendi, Emilio Pucci, Thomas Pink, Donna Karan, Loro Piana, and Nicholas Kirkwood brands, as well as operates an editorial Website. In addition, it provides fragrance, make-up, skincare, candle, cologne, home collection, and beauty care products under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Benefit, Fresh, Make Up For Ever, Acqua di Parma, Parfums Loewe, Fendi Parfums, and Nude brands. Further, the company offers watches and chronographs, and jewelry under the TAG Heuer, Zenith, Hublot, Chaumet, Bulgari, De Beers, and Fred brands. Additionally, it operates travel and beauty products retail stores; retail stores for luxury products on cruise ship; and department stores under the brands of DFS, Starboard Cruise Services, Sephora, and Le Bon Marché Rive Gauche. The company also operates yachts and attraction parks, as well as provides media services.
Marriott (NYSE:MAR) is a global leading lodging company based in Bethesda, Maryland, USA, with more than 4,300 properties in 81 countries and territories. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands.
Michael Kors Holdings Limited (NYSE:KORS) is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products through his Michael Kors and MICHAEL Michael Kors labels, including accessories, footwear, watches, jewelry, men’s and women’s ready-to-wear and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.
Nordstrom (NYSE:JWN) is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle , today Nordstrom operates 304 stores in 38 states and Canada . Customers are served at 118 Nordstrom stores in the U.S. and Canada; 178 Nordstrom Rack stores; two Jeffrey boutiques; and one clearance store. Nordstrom also serves customers online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its five clubhouses.
Prada Group (Hong Kong: 1913.HK) The Prada brand is part of the Prada Group, a global powerhouse in the luxury goods market, as well as a business icon. The group’s business model, capable of combining industrialized processes with sophisticated workmanship, top quality and the level of detail characteristic of craft production, set a world precedent. The Prada group also includes: Miu Miu – Miuccia Prada’s “other soul” – a brand with a strong personality and as provocative and sophisticated as it is cool-headed and cutting-edge; Church’s, a high-end men’s footwear manufacturer established in the British town of Northampton in 1873; and Car Shoe, inventor of the original driving moccasin with uppers perforated with rubber studs, patented in 1963. Moreover, in 2014, Prada acquires the 80% of Angelo Marchesi srl, the owners of the historic Milanese pastry shop founded in 1824. The luxury group now produces men’s and women’s leather goods, clothing and footwear, combining contemporary, cutting-edge sophistication with one-of-a-kind, sublimely-crafted products. Prada also operates in the eyewear, fragrance, mobile phone sectors and confectionery.
PVH Corp. (NYSE:PVH) one of the world’s largest apparel companies, owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the world’s largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Warner’s and Olga, and its licensed brands, including Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps, and Ike Behar
Ralph Lauren (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances. For more than 48 years, Ralph Lauren’s reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company’s brand names—which include Polo Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Ralph Lauren Black Label, Lauren Ralph Lauren, RRL, RLX, Polo Sport, Polo Ralph Lauren Children’s, Denim & Supply Ralph Lauren, Chaps and Club Monaco—are among the most widely recognized consumer brands worldwide.
Shangri-La Hotels (Hong Kong:0069.HK) Inspired by the legendary land featured in James Hilton’s 1933 novel, Lost Horizon, the name Shangri-La encapsulates the serenity and service for which our hotels and resorts are renowned worldwide. Today, Hong Kong-based Shangri-La Hotels and Resorts is Asia Pacific’s leading luxury hotel group. We are also regarded as one of the world’s finest hotel ownership and management companies. Owning and/or managing over 90 hotels and resorts throughout Asia Pacific, North America, the Middle East, and Europe, the Shangri-La group has a room inventory of over 38,000. In addition, new hotels are under development in Mainland China, Cambodia, Hong Kong, India, Myanmar, Philippines, Qatar and Sri Lanka. Shangri-La Hotels are five-star luxury hotels located in premier city addresses across Asia Pacific, North America, the Middle East, and Europe.
Tiffany & Co. (NYSE:TIF) is the internationally-renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations.
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