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Ralph Lauren Corporation, the legal name of the Ralph Lauren brand, is an American publicly traded luxury fashion company that was founded in 1967 by American fashion designer Ralph Lauren. Headquartered in New York City, the company produces luxury products. Ralph Lauren is known for marketing and distributing products in four categories ...
The successful integration of various famous aspirational brands into a single group inspired other luxury companies to do the same. Thus, the French conglomerate Kering and the Swiss-based Richemont have also created extended portfolios of luxury brands. [citation needed] LVMH is a component of the Euro Stoxx 50 stock market index. [21]
Kering (French:) is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed, Maui Jim, and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.
In 2008, Richemont spun off all of its non-luxury goods businesses, principally Richemont's stake in British American Tobacco, into a newly formed, separately traded holding company, Reinet Investments S.C.A. [36] [37] [38] In 2018, Richemont sold Lancel to the Italian leather goods company Piquadro Group. [39]
After the company was taken over by a Spanish company in 1971, it was bought by Stuart Weitzman in 1994. Over the years, and following a series of takeovers, the company has grown considerably to become one of the Tapestry group's luxury brands. The brand was purchased by Coach in 2015 for $574 million. It was made to broaden Coach's product ...
Over the years, the Swatch Group acquired various luxury watchmaking companies, including Blancpain S. A. (founded 1735, bought by Swatch in 1992), [10] Breguet S. A. (founded 1775, bought in 1999), [11] and Glashütte Original (Germany, bought in 2000). The company continued to produce watches under these names. [12]
According to Sokolova, one brand well poised for a luxury market rebound is Prada (PRDSY), thanks in part to Miu Miu, its stylish sister brand and an up-and-coming industry power player. Its ...
In 1988, Taubman took Sotheby's public and listed the company's shares on the New York Stock Exchange (NYSE), making Sotheby's the oldest publicly traded company on the NYSE under the ticker symbol "BID". [71] In June 2006, Sotheby's Holdings, Inc. reincorporated in the State of Delaware and was renamed Sotheby's shortly after. [72] [8]