Stories on fashion and luxury you won't read elsewhere

Baccarat shareholders aim for sale by Christmas

By Astrid Wendlandt
01/08/21
Baccarat shareholders aim for sale by Christmas
The first bids for famous French crystal maker Baccarat should officially land in the next few weeks with price expectations much higher than its sellers harbored only six months ago, several sources familiar with the process said. The M&A market is red-hot with cash-rich private equity firms and luxury companies chasing prized luxury assets and valuations are likely to remain high. An avalanche of first-half results during this last week of July from major luxury players LVMH, Kering, Hermès, Prada and Moncler revealed impressive rebounds – almost as if 2020 never existed.

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Le Luxe à la conquête du monde

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This book is a compilation of Miss Tweed’s stories during its first year. The digital revolution, the closely guarded secrets of LVMH, Richemont and Kering and the future of watchmaking are among the many topics Miss Tweed covered between the summer of 2020 and the summer of 2021.

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