Sunday, February 17, 2013
Fashion, Conglomerates, & Calvin Klein
French company PPR is a mix of things. Is there any synergy between its businesses? PPR's shares rose after it announced strong earnings, driven its luxury division, which includes brands such as Gucci and Bottega Veneta. The group's sport and lifestyle business – dominated by Puma – was less glittering with operating profit down 12 per cent.
In this video (2 minutes and 51 seconds) Lex's Nikki Tait and Oliver Ralph consider whether it's time for PPR to divest Puma:
In this February 15, 2013 video, Vanessa Friedman, the FT's fashion editor, speaks to Paul Thomas Murry, president of Calvin Klein about how couture fits into the business of running a global lifestyle brand. She also talks with Francisco Costa, women's creative director at Calvin Klein, about the new fall collection.