London’s Bond Street is becoming a home for ultra-luxury brands with fewer affordable luxury/premium labels having stores there, a new report shows. And stores due this year will push the ultra-luxe edge even higher.
Bank of America Merrill Lynch, JP Morgan and KKR Capital Markets have been chosen as joint global coordinators for an initial public offering for fashion company SMCP in Paris, two sources said on Friday.
The French conglomerate is once again number one in Deloitte's 2017 report on the top 100 luxury companies. Kering rose to 5th place, while Italy boasts the most companies overall, including top-10 member Luxottica.
Mizzen + Main is the fourth brand in two weeks to receive an investment from L Catterton's Growth Fund. The performance-focused menswear brand will use the investment to expand its product offering and omni-channel.