R.M. Williams, the quintessentially Australian brand, is believed to be up for sale with a price tag between A$400 million and A$500 million (€247m to €309m). It’s controlled by private equity firm L Catterton Asia.
After FF Reloaded and Fendi Mania, the Roman luxury label is launching Fendi Roma/Amor, the third collection themed around its FF monogram, teaming up with tagger Pref and Korean eyewear label Gentle Monster.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
Upscale heritage department store Liberty London said it’s entering an exclusive deal with Secoo, Asia’s biggest premium lifestyle platform, with the Chinese company set to carry the brand exclusively in the region.