Week in Review: Kylie Jenner's potential new brand, Rolex's Bucherer acquisition, Lanvin's struggles
Sep 1, 2023
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Discusses Kylie Jenner's potential launch of a luxury brand with Jens and Emma Grede. Talks about Rolex's acquisition of Bucherer and the struggles facing Lanvin. Explores the challenges and changes in the fashion industry, including attracting young shoppers and using influencers.
Kylie Jenner may be launching a quiet luxury brand focused on elevated, high-quality pieces.
Rolex's acquisition of Bucherer suggests a transformation into a larger group with consumer sales and certified pre-owned markets.
Deep dives
Kylie Jenner possibly launching a quiet luxury brand with Yens Greed and Emma Greed
Rumors suggest that Kylie Jenner is in the early stages of launching her own quiet luxury brand with the help of Yens Greed and Emma Greed, who have previously worked with Kim Kardashian on Skims and Khloe Kardashian on Good American. This move aligns with Kylie's recent shift towards a more minimalist and subtle look, and there is speculation that the brand will focus on elevated, high-quality pieces rather than fast fashion.
Rolex acquires Bocca the largest watch retailer
In a surprising move, Rolex has announced its acquisition of Bocca, the largest watch retailer in the world. This unexpected purchase has sent shockwaves throughout the watch industry, with experts questioning the implications for luxury watch sales and the future of both brands. While the exact plans and changes remain unclear, this acquisition signifies Rolex's entry into consumer sales and certified pre-owned markets and may lead to a transformation of the company into a larger group with multiple brands under its umbrella.
Lanvin Group's declining sales and strategic challenges
Despite overall revenue growth, Lanvin, the flagship brand of Lanvin Group, experienced a significant decline in sales. This drop comes amidst a transition in creative direction and the introduction of the Lanvin Lab model, which features rotating collaborations with celebrities like Future. The brand's decline raises questions about the effectiveness of a brand without a cohesive creative vision and the challenges it faces in expanding into competitive markets like the US and China.
On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week.
This week, we discuss the rumor that Kylie Jenner is allegedly planning to launch a “quiet luxury” brand with Jens and Emma Grede, the executives behind other brands in the Kardashian universe including Skims and Good American. Later, we talk Rolex buying Bucherer and the troubles facing Lanvin.