{
  "docId": "019dd923-5de0-76bd-a16a-799ef856734b",
  "docSlug": "048f26423c8a0b1c",
  "documentTitle": "Global Powers of Luxury Goods 2017 The new luxury consumer",
  "authorId": "Deloitte",
  "authorName": "Deloitte",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 14,
  "pageCount": 52,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "industry_trends",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": "The slide lists specific corporate transactions involving major luxury conglomerates like LVMH, Kering, Richemont, and others.",
  "elementsJson": [
    "bullet_list"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a16a-799ef856734b/14",
  "deckHref": "/decks/019dd923-5de0-76bd-a16a-799ef856734b",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a16a-799ef856734b.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a16a-799ef856734b#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.45,
        "x": 0.04,
        "y": 0.7
      },
      "kind": "list",
      "text": "Kering moved further towards its goal of becoming a leading pure player in luxury goods with an announcement in January 2018 that it would distribute around 70 per cent of Puma shares, (out of the 86.3 per cent owned by the Group) to its shareholders. It had previously disposed of the non-luxury Electric brand.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "271345dc-0789-4f3b-96b1-fa9bf431bdb5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.51,
        "y": 0.22
      },
      "kind": "list",
      "text": "L'Oréal Luxe paid US$1.2 billion for IT Cosmetics, one of the fastest-growing prestige beauty (skincare) brands in the United States, in 2017.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "312700c8-fb2d-4ae5-911f-c705c29fc57d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.04,
        "y": 0.83
      },
      "kind": "list",
      "text": "Estée Lauder invested in three prestige beauty brands targeted at the millennial consumer, paying US$1.45 billion for Too Faced and US$200 million for Becca Cosmetics towards the end of 2016, and making a minority investment in DECIEM in 2017.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4b118287-ae7f-4721-803e-89f16852fd0e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.45,
        "x": 0.04,
        "y": 0.22
      },
      "kind": "list",
      "text": "LVMH acquired 80 per cent of high-end luggage manufacturer Rimowa in January 2017, and sold the Donna Karan brand to G-III in December 2016. PVH's 2017 licence agreement with G-III means that PVH will design and distribute menswear for the DKNY brand in North America. This strengthens the existing partnership between PVH and G-III, which included G-III taking over the licence for Tommy Hilfiger womenswear in North America at the end of 2016.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "666283fb-e422-49b6-81d2-1b607a16edd7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.45,
        "x": 0.51,
        "y": 0.36
      },
      "kind": "list",
      "text": "Michael Kors bought Jimmy Choo from JAB Luxury for £1.35 billion in November 2017. JAB is selling all of its luxury goods companies to focus on consumer goods: Belstaff was sold to INEOS in December 2017, and Shandong Ruyi expanded its luxury fashion footprint by agreeing to buy a controlling stake in Bally in February 2018. This follows the Chinese textile manufacturer's acquisition of two Top 100 luxury goods companies - SMCP in 2016, and Hong Kong SAR menswear group Trinity in 2017.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "87cb8ef6-916e-47f2-9fe0-ab04f9b302b7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.51,
        "y": 0.65
      },
      "kind": "list",
      "text": "Luxottica's €50 billion merger with lens maker Essilor gained antitrust approval in the EU, US and a number of other countries in early 2018. Luxottica also acquired two major optical chains: Italy's Salmoiraghi & Viganò, and Óticas Carol, one of the largest optical franchisors in Brazil.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a2047e0-1a49-48a3-a71a-b62ea502985f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.51,
        "y": 0.55
      },
      "kind": "list",
      "text": "Shiseido acquired Gurwitch Products, the US owner of the Laura Mercier and RéVive brands, and won the licence for Dolce & Gabbana cosmetics & fragrance (previously licensed to P&G Prestige, but not transferred in the Coty acquisition).",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90470f31-ae86-4fd2-ab8a-a7822cb055c3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.51,
        "y": 0.29
      },
      "kind": "list",
      "text": "Coach, Inc acquired Kate Spade for US$2.4 billion in July 2017, and changed its name to Tapestry, to reflect the growing portfolio of luxury brands owned by the company.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cba6b119-8ce6-46af-9b46-5a09037ef497",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.45,
        "x": 0.04,
        "y": 0.48
      },
      "kind": "list",
      "text": "LVMH and Marcolin set up a joint venture, 51 per cent owned by LVMH and 49 per cent by Marcolin S.p.A., for the production, distribution and promotion of sunglasses and eyeglasses of some brands of the LVMH group. The first brand to be licensed to the new company by the LVMH group is Céline.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cc229a8d-d634-44d9-a3e3-f030737646c8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.04,
        "y": 0.61
      },
      "kind": "list",
      "text": "Richemont offered €2.7 billion for full control of luxury online player Yoox Net-a-Porter in January 2018. It already owns 50 per cent of the company. Richemont also sold Hong Kong SAR luxury fashion house Shanghai Tang in 2017.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d599ada4-03a1-44ac-97e1-b84277f39511",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.02,
        "x": 0.95,
        "y": 0.96
      },
      "kind": "paragraph",
      "text": "14",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ef1fe80-ea95-4eb3-b1f2-1fac89e485f2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.04,
        "y": 0.96
      },
      "kind": "paragraph",
      "text": "Global Powers of Luxury Goods 2018",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce3e3644-d693-4050-a0a3-4fe3793296bb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "0b505add-a591-424d-b621-94917eab362a",
      "evidence": "Michael Kors bought Jimmy Choo from JAB Luxury for £1.35 billion in November 2017. LVMH acquired 80 per cent of high-end luggage manufacturer Rimowa in January 2017...",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 11,
      "beatId": "2e6ef856-0abc-443d-b551-9e884ed0fa40",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Satisfaction",
      "beatSlug": "monroes-sequence-satisfaction",
      "evidence": "The report provides country and regional insights, satisfying the reader's need for information",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 20,
      "from": 14,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "10c2f925-f8a0-4da8-b0dc-a1a9adb8c634",
      "evidence": "The report mentions the impact of not adopting digital strategies on the luxury goods industry",
      "position": 1,
      "objective": "The consequences of not adopting digital strategies",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}