DOCSLIB.ORG

Consumer Market Italy M&A Trends | 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Consumer Market Italy M&A Trends | 2018 Consumer Market Italy | M&A Trends | 2018 www.pwc.com/it Index Methodology & Glossary 4 Executive Summary 5 At a glance 6 Overview on Consumer multiples 9 Food 11 Beverages 16 Personal Care & Cosmetics 18 Fashion & Luxury 20 Furniture & Design 24 Specialty Retail 27 Leisure 30 Deals by geography 32 Value Creation in Deals 35 Data Analytics in Deals 37 Our 2018 Consumer credentials 38 Italian Consumer Deals Team 39 Contacts 40 Methodology Reported deals have been sourced from . Deals have been selected based on the date of announcement. Revenues and EBITDA have been sourced from the latest financial statements available on public databases (AIDA, Orbis, Cerved) and refer to the individual accounts (unconsolidated) of the target entity, except where otherwise stated. Revenues and EBITDA are available for 83% and 77% of the reported deals respectively. Deal value is not indicated since in most cases the data are not publicly available. Glossary Domestic deals are those with both Italian acquirer and target. Inbound deals involve a foreign acquirer and an Italian target. Outbound deals involve an Italian acquirer and a foreign target. Financial investors include Private Equity, SPAC (listed Special Purpose Acquisition Company), family offices, financial holdings and acquisitions made by Private Equity portfolio companies. Strategic investors include corporates, private investors and buy-backs. North-West includes Valle d’Aosta, Liguria, Lombardy, Piedmont. North-East includes Friuli-Venezia-Giulia, Trentino-Alto Adige, Veneto. Centre includes Emilia-Romagna, Lazio, Marche, Tuscany, Umbria. South & Islands include Abruzzo, Molise, Basilicata, Calabria, Campania, Apulia, Sardinia, Sicily. 4 Retail and Consumer M&A Trends | 2018 Executive Summary by Emanuela Pettenò Despite the fear of a slowdown in M&A activity, more than 200 deals (including 5 IPOs) have been announced in the Consumer segment in 2018 (vs. 178 in 2017) The Italian M&A Consumer arena hosted 202 transactions Despite clouds of recession, significant volumes of activity in 2018 (+13% vs. last year), with Food largely dominating are expected also in 2019, at least in the first semester, in terms of number of deals (60 - almost stable vs. 2017). with a few macro-trends driving market growth across all Financial investors were particularly active with 91 deals segments: announced in 2018 (vs. 54 in 2017), but with a lower average size compared to 2017 (average Target revenues • Sustainability is by far the most relevant and of €79m in 2018 vs. €115m in 2017). Corporate buyers pervasive trend impacting the overall industry from were more focused on the domestic market, leading to Food, Beverages and Cosmetics (fresh, organic/ a decrease in the number of Outbound transactions (20 bio, cruelty free) to Fashion (declining use of furs, in 2018 vs. 27 in 2017). 5 large cross border corporate inclusivity, “made in”), Furniture & Design (waste deals have been announced in 2018 including: recycle) and also adjacent segments like Packaging; • Innovation will be the key to attracting new • the acquisition of Nestle’s US confectionery customers, particularly Millennials and Gen Z. business by Ferrero for a deal value of €2.3bn; Brands have realised that, to extend their product • the public tender offer made Richemont to buy portfolio, investments in niche innovative companies a 75% share in Yoox Net-a-Porter Group delisting are an easier alternative to internal development. the company (€2.7bn investment and €3.4bn EV); This trend is currently driving large corporates’ • the acquisition of Gianni Versace by Capri Holdings investment in both emerging Fashion brands (Micheal Kors) for €1.8bn; and niche, highly innovative Cosmetics companies; • the 70% investment by Snaitech in Playtech • Value for money continues to be a mantra not at an EV of €0.8bn (for 100%); only for final customers but also for B2B producers • and the acquisition of the US Mars Drinks working with fashion and luxury brands; by Lavazza. • Lifestyle changes such as the increasing number The main deals announced by Private Equity of singles and working women is leading houses included: to a revolution in the most traditional segment of this industry (Food), with expectation of higher • the acquisition of Forno d’Asolo (frozen food) consumption of ready meals, frozen food by BC Partners; and a boost in food delivery. On the other side, ageing • the 41% investment by FSI in the fashion and growing attention to health and personal care will brand Missoni; polarise personal purchases vs. premium products; • the creation of the newco Design Holding where • Immediacy – E-commerce will be the sale channel Investindustrial and Carlyle contributed their with the highest growth potential across all segments. furniture and design portfolio companies Flos, B&B After Fashion and Food Delivery, Food, Cosmetics Italia and Louis Poulsen (acquired in July 2018); and Design have an almost untapped potential • the investments of OpCapita in the pizzeria chain to discover. RossoPomodoro and of Alpha in Calligaris (producer of high-end furniture). With this report we aim to provide an outlook on the deals dynamics in the Consumer space. 70 60 We sincerely hope this can be a valuable read and look 60 57 forward to 2019. 48 50 43 40 34 35 Emanuela Pettenò 29 Number of deals PwC Deals – Transaction Services Partner Italy 30 23 18 Consumer & Market Deals Leader 20 15 11 10 7 0 Food Fashion Specialty Furniture Beverages Personal & Luxury retail & design care & leisure & cosmetics FY 17 FY 18 5 At a glance 2018 vs. 2017 – Number of deals Number of deals by segment Food Beverages Personal care & Cosmetics 60 vs. 57 15 vs. 23 7 vs. 11 Fashion & Luxury Furniture & Design Specialty retail and Leisure 43 vs. 34 29 vs. 18 48 vs. 35 Compared to 2017 International features Domestic deals Inbound deals Outbound deals 118 vs. 91 64 vs. 58 20 vs. 29 Number of deals where Of which target revenues are… advised by PwC not public 38 n.a. >€500m 10 6 >€100m 24 6 €10-100m 96 14 <€10m 34 3 6 Retail and Consumer M&A Trends | 2018 At a glance 2018 vs. 2017 – Target and Bidder Number of deals by investor type Deals by target revenues and investor type Most relevant segments 55% 63% Strategic investors Strategic investors 111 vs. 124 vs. 53% 45% 37% Financial investors Financial investors 91 vs. 54 vs. 47% Deals by segment Deals by segment for strategic investors for financial investors Food 41 vs. 42 19 vs. 15 Beverages 9 vs. 20 6 vs. 3 Personal care vs. 5 vs. 6 & Cosmetics 5 2 Fashion & Luxury 20 vs. 22 23 vs. 12 Furniture & Design 7 vs. 14 22 vs. 4 Specialty retail vs. 21 vs. 14 and Leisure 29 19 7 8 Retail and Consumer M&A Trends | 2018 Overview on Consumer multiples by Alessandro Vitali Transaction multiples on Consumer deals were still Italian companies maintain their strong appeal high in 2018 to international investors Transactions occurring in 2018 confirmed the rising trend Inbound transactions recorded higher multiples in multiples, with a smoothed average EV/EBITDA ratio compared to outbound and domestic deals with average in the range of 9x-16x, however with a high variance EV/EBITDA multiples in the region of 18x, compared across sub-sectors and categories. to 15x and 11x respectively. The highest multiples were paid in the Cosmetics and Fashion segments (smoothed average of c.16x This reflects the strong appeal of Italian companies and 13x, respectively). On the other hand, lower and brands for international investors, based on the multiples were recorded in Beverages and Leisure quality of products, positive financial performances deals (c.9x). and the creativity and innovation of entrepreneurs. Strategic vs financial buyers Our expected trends for 2019 are an increase in the number of transactions in the Food and Strategic buyers are prepared to pay higher multiples Fashion segments, including adjacent segments compared to financial investors (average of c.17x vs. working on a B2B basis, such as ingredients, fabrics, 12x), leveraging on the long term view of the investment accessories, and turnaround situations, particularly and on the value attributable to operational in the fashion space, and a slight decline in multiples. and strategic synergies. Multiples are still discounted compared to the rest In this context, it is worth mentioning the multiple paid of Europe and this is another good reason encouraging by Michael Kors for the Versace deal which has been foreign investment. by far the highest in the sector, at c.41x and has been excluded from the calculation of the average. 2018 Transaction Multiples Smoothed Average 10x 20x 30x 40x 50x Methodological note Presented transaction multiples have Food 13.1x 9 deals been calculated by PwC as the ratio between Enterprise Value (EV) and 2017 EBITDA, based on the Beverages 2 deals 8.6x latest available public information. Both EV and EBITDA are sourced from publicly available information. Personal care 16.1x 2 deals & Cosmetics Please note that due to the lack of information on the EV for certain Fashion & Luxury 13.3x 10 deals deals, the presented analysis covers a sample of 34 transactions announced in 2018 (17% in terms of number Furniture & Design 12.3x 4 deals of deals, and 54% based on Target revenues) and should be considered as illustrative only. Spelcialty Retail 9.0x 7 deals Smoothed average has been calculated & Leisure as the average for each sub-sector excluding the highest and lowest (*) Calculated as the ratio between Enterprise Value (where disclosed) and 2017 EBITDA transaction multiple. 9 10 Retail and Consumer M&A Trends | 2018 Food by Elena Borghi and Alberto Zanatta Also for 2018, Food confirmed its attractiveness Baked goods segment recorded the highest number for M&A, with 60 deals announced in 2018 (vs.
Load more

Recommended publications
  • The Piquadro Case Analysis of the Key Factors
    Innovation oriented business: the Piquadro case Analysis of the key factors Angela Congedo, Marco Demarchi, Chiara Sibelli Politecnico di Torino, Industrial manufacturing and technological innovation engineering Abstract An analysis of Piquadro, an Italian leather goods brand, towards an understanding of its working sector, its current business organization and its future opportunities. The study of the environment as a conditioning factor for the strategic key decisions and for the brand’s future development allows the identification of the essential factors every company needs to take into account for a correct view of the market. Keywords: Piquadro, Market Analysis, Analysis of the external environment, Market for leather goods, Innovation. Introduction It is important to be aware of the risks and at the same time of the advantages of the In the last decades commercial relations world outside the company’s walls. It is among countries have changed significantly, equally essential to know who we have to driven by the globalization impulse and the compete with, because even though it is true thunder of a competition that is no longer that in war one should know his enemies merely local but global. This is true for every better than his allies, it is also true that, on economic sector and it affects each of the the market, knowing one’s competitors thousands of companies that make up the grants a company not only its survival but commercial landscape. its development as well. And if one eye is Actually, what could once be defined “the focused on the outside, the other has to look productivity challenge” is nowadays an within the organization because no company innovation and quality one.
    [Show full text]
  • Issues and Decision Memo for Final
    A-475-818 A-489-805 Sunset Review - 2018 Public Document AD/CVD Operations VI: DD, SH DATE: November 28, 2018 MEMORANDUM TO: Gary Taverman Deputy Assistant Secretary for Antidumping and Countervailing Duty Operations, performing the non-exclusive functions and duties of the Assistant Secretary for Enforcement and Compliance FROM: James Maeder Associate Deputy Assistant Secretary for Antidumping and Countervailing Duty Operations performing the duties of Deputy Assistant Secretary for Antidumping and Countervailing Duty Operations SUBJECT: Issues and Decision Memorandum for Final Results of the Expedited Fourth Sunset Reviews of the Antidumping Duty Orders on Certain Pasta from Italy and Turkey I. Summary We have analyzed the substantive responses of interested parties in the fourth sunset reviews of the antidumping duty (AD) orders1 covering certain pasta (pasta) from Italy and Turkey. We recommend that you approve the positions described in the “Discussion of the Issues” section of this memorandum. Below is the complete list of the issues in these sunset reviews for which we received substantive responses: 1. Likelihood of continuation or recurrence of dumping; and 2. Magnitude of the margins likely to prevail. II. Background On August 1, 2018, the Department of Commerce (Commerce) published the notice of initiation of the fourth sunset reviews of the Orders, pursuant to section 751(c) of the Tariff Act of 1930, 1 See Notice of Antidumping Duty Order and Amended Final Determination of Sales at Less Than Fair Value: Certain Pasta from Turkey, 61 FR 38545 (July 24, 1996); See Notice of Antidumping Duty Order and Amended Final Determination of Sales at Less Than Fair Value: Certain Pasta from Italy, 61 FR 38547 (July 24, 1996) (collectively, the Orders).
    [Show full text]
  • EU Brochure Digital EN.Indd
    WHERE ITALIAN FIDENZA VILLAGE CONNECT STYLE REIGNS Add style to your holiday with a day of shopping at Fidenza Village. Located in the heart of Italy in the beautiful Emilia Download the free Village app. Romagna region just one hour drive from Milan, Bologna and the Lake Garda, Fidenza Village is home to more than Connect with us on Facebook, Twitter and Instagram. 100 boutiques of Italian and international brands offering savings of up to 70% on the recommended retail price. Free Wi-Fi. THE BOUTIQUES Alviero Martini 1A Classe · Angelico · Armani Asics · Aspesi · Baldinini · Barlumeria · Belstaff Beretta · Blumarine · Boggi · Braccialini Brooks Brothers · Ca’ Puccino · Calef · Calvin Klein Calvin Klein Collection · Calvin Klein Underwear Camper · Carlo Pazolini · Cesare Paciotti Class Roberto Cavalli · Coach · Coccinelle · Columbia Colombo · Corso Roma · Desigual · Diesel Dirk Bikkembergs · Dolce & Gabbana · Duvetica Elena Mirò · Elisabetta Franchi · Ermenegildo Zegna SHOP & EARN Etro · Facis · Ferrari Store · Fossil · Fratelli Rossetti Frette · Furla · Gallo · Guess · Gutteridge · Hackett Earn miles whenever you shop at Fidenza Village with our airline Lagostina - Home & Cook · Hostaria Delle Terre Verdiane partners. Ask the Fidenza Village Tourist Information Centre for more information and to convert your shopping into miles. Hugo Boss · Illy · Hour Passion · Ixos Malloni · Jeckerson La Perla · Lacoste · Les Copains · Levi’s · Lindt · Loewe For every Euro you spend while shopping Malìparmi · Marni · Massimo Rebecchi · Michael Kors in Fidenza Village, one award mile will Missoni · Modus Profumerie · Napapijri · Ottica Avanzi be credited to your Miles & More mileage account. You can also spend your Miles & More award miles on the Fidenza Village O bag · Pal Zileri · Patrizia Pepe · Paul Smith · Pinko Gift Card.
    [Show full text]
  • Calendario Provvisorio Degli Eventi Di Pitti Uomo 93
    CALENDARIO EVENTI PITTI IMMAGINE UOMO 93|08-12 GENNAIO 2018 LUNEDÌ 08/01 19:00 Centro di Firenze per la Moda Italiana Palazzo Pitti, Sala Bianca, Piazza de' Pitti 1, Firenze Gala dinner. Su invito. ...E IN CITTÀ 12:30 Capucci Dionisiaco - Disegni per il teatro Andito degli Angiolini di Palazzo Pitti, Piazza de' Pitti 1, Firenze Inaugurazione della mostra a cura di Roberto Capucci. Su invito. dalle 18:00 Istituto Marangoni: IM Open Week Istituto Marangoni, Via de Tornabuoni 17, Firenze Talk show "Giusi Ferré intervista Alessandro Bastagli: da Versace a Shanghai Tang". Dalle 19:00 cocktail. Su invito. 19:00 Firenze made in Tuscany magazine Caffé Rivoire, Piazza della Signoria, Firenze Cocktail party. Con la maison Enrico Coveri e Antinori. In collaborazione con Rivoire. Su invito. 19:00-21:00 The LG Grand Prix Watches Party Hotel Regency Firenze, Piazza d'Azeglio 3, Firenze Party. Su invito. MARTEDÌ 09/01 10:00 Pepe Jeans London Spazio Belfiore, Stand 1 Tutti i giorni alle 10.00, 12.00 e 15.00 presentazione di Wiser Wash: un processo di sviluppo che elimina l'uso di sostanze chimiche tossiche impiegate nel lavaggio dei capi tradizionale. Inaugurazione Pitti Immagine Uomo 93 10:30 Camera di Commercio di Firenze, Piazza Mentana 1, Firenze Cerimonia ufficiale di inaugurazione di Pitti Immagine Uomo 93. Su invito. Add 11:00-16:00 Padiglione Centrale, Piano Terra, Stand A3/B5 Ospite speciale allo stand Rise Beatbox. Russell Athletic 11:30 Padiglione Cavaniglia, Stand 35 Live performance dell'artista Mushua e presentazione della collezione Eagle R. Ripetuta anche alle 16:00.
    [Show full text]
  • BARILLA PASTA Thinner and Narrower
    LONG PASTAS CR6240 Linguine 12/16 oz. Linguine, a close relative of fettuccine, is made from long, flat strands of pasta but is ABOUT BARILLA PASTA thinner and narrower. Linguine originated in the Liguria region of Italy where the air is fragrant with salty ocean breezes and the aroma of delicious food cooking. Linguine is known to pair best with traditional pesto and tomato, oil-based or fish based sauces. Barilla is an Italian CR6265 Spaghetti Plus, 2/160 oz. family-owned food Spaghetti is the most popular shape in Italy. The name comes from the Italian word company. Established in spaghi, which means "lengths of cord." Spaghetti originates from the south of Italy and is commonly used w/ tomato 1877, its now an sauces, fresh vegetables, or fish. As everybody’s favorite, Spaghetti pairs well with just about any kind of sauce. Try international group Spaghetti w/ simple tomato sauce, with or without meat or vegetables or try it with fish or oil-based sauces, or carbonara. present in more than 100 countries. A world leader SHORT PASTAS in the markets of pasta CR6230 Farfalle 12/16 oz. and ready to use sauces, Farfalle, dating back to the 1500’s, originated in the Lombardia and Emilia-Romagna part the Barilla group is of Northern Italy. Farfalle are rectangular or oval pieces of pasta that are pinched in the recognized world wide as a middle. Farfalle is great with intense fragrances and flavors. Try it with light sauces with symbol of Italian vegetables or fish, dairy based sauces, simple oil based, or in pasta salads.
    [Show full text]
  • Here Comes the Budget Bride the Biggest News in Fashion This Week Isn’T on the Milan Runways
    The Inside: Pg. 18 ICAHN’S FEDERATED MOVE/3 KELLWOOD’S BUY/3 Where LoyaltyWWD Lies WWDWomen’s Wear Daily • The Retailers’THURSDAY Daily Newspaper • September 28, 2006 • $2.00 List Sportswear Here Comes the Budget Bride The biggest news in fashion this week isn’t on the Milan runways. Rather, it hails from the wonderful world of high- low, where Viktor & Rolf and H&M have gotten hitched for a short-term marriage. It’s that very idea that inspired Viktor Horsting and Rolf Snoeren, who discussed details of the collaboration exclusively with WWD. The ultimate object of their wedded bliss: this 298 euro, or $380, wedding gown, pictured here with Horsting and Snoeren in the ad campaign shot by Inez van Lamsweerde and Vinoodh Matadin. For more on the season, see pages 6 to 9. Chloé to Name Marni’s Paolo Melin Anderson as Head Designer By Miles Socha French fashion house later this about its succession plan after its hloé has tapped a senior, but year. show during Paris Fashion Week. Chidden, talent from Marni to Reached late on Wednesday, a Anderson, a Swedish native who succeed Phoebe Philo, WWD has Chloé spokesman said only, “We has worked at Marni for several learned. do not comment on rumors.” years, will assume the design According to sources, Paolo However, the house said recently helm at one of the fastest-growing Melin Anderson will join the it would make an announcement See Chloé, Page 10 WWDTHURSDAYWWD.COM Sportswear FASHION ™ For better or worse, themes played a big role in the Milan collections, from a silvery space theme to a football game to a fashion safari.
    [Show full text]
  • 7 May to 13 May 2017 Sunday, 7 May MILANO - PARMA Presented by 1 We Meet at Milano Malpensa Airport at 12Pm to Begin Our Gastronomic Adventure of Parma
    with Carmel Ruggeri PARMA & Chef Luca Ciano 7 May to 13 May 2017 sunday, 7 may MILANO - PARMA presented by 1 We meet at Milano Malpensa airport at 12pm to begin our gastronomic adventure of Parma. We make our way to our hotel Grand Hotel De Ville and in the afternoon take a walk around Parma. In the evening we dine at one of Parma’s traditional restaurants where we will enjoy Emilia Romagna classics such as pappardelle al ragù Join restaurateur di strolghino (local salami) or tortelli d’erbetta (pasta filled with green vegetables and ricotta) Carmel Ruggeri and and local salumi specialties. Luca Ciano, multi award winning chef and author dinner from the Lombardy region monday, 8 may on a special food tour of 2 PARMA Parma in northern Italy. This morning we head straight to Academia Barilla, an international project devoted to safeguarding, developing and promoting the Parma is famous for its rich regional Italian gastronomic culture as a unique world heritage. Here Chef Luca Ciano will gastronomical tradition present our first hands-on cooking class and take us through a three course menu of Emilia and local produce such Romagna classics including: torta fritta with as Parmigiano Reggiano local salumi misti, filled hand made pasta with erbette, Rosa di Parma (pork tenderloin stuffed cheese and Prosciutto with Parmigiano - Reggiano and prosciutto) plus dessert. We will be well equipped with take di Parma and dishes such home momentos including aprons, chef hats, as stuffed pasta recipes, photos and a certificate at the conclusion of the class. “tortelli d’erbetta” and Lunch will be followed in the prestigious “anolini in brodo”.
    [Show full text]
  • Emilia-Romagna's Food Crowned Italy's Best
    Emilia-Romagna’s Food Crowned Italy’s Best Published on iItaly.org (http://www.iitaly.org) Emilia-Romagna’s Food Crowned Italy’s Best Natasha Lardera (March 07, 2015) “Italy’s Greatest Gastronomic Treasure, Emilia Romagna.” This is the title’s of David Rosengarten’s latest article published on Forbes, an extensive piece that goes beyond Parmigiano-Reggiano, Prosciutto di Parma, Mortadella, tortellini and balsamic vinegar. “Italy’s Greatest Gastronomic Treasure, Emilia Romagna.” [2] This is the title’s of David Rosengarten’s latest article published on Forbes, an extensive piece that goes beyond Parmigiano- Reggiano, Prosciutto di Parma, Mortadella, tortellini and balsamic vinegar. The long reportage starts with a cute cliché, that “If you ask an Italian where the best food is in Italy, you almost always get the same answer. “Eh,” they like to say. “At my mother’s house!”… looking like “how could you be so stupid to not know that?” Yet, apparently if you ask around and push for a regional answer everybody agrees on Emilia-Romagna, “the wondrous north-central region that lies in the fertile Po River Valley.” What Rosengarten proceeds to explain is that for Italians this is not an uncommon answer, Emilia- Romagna is known to be a major player for its rich and savory cuisine but in the US its cuisine is not that popular. Americans, for example, tend to be big aficionados of Tuscan cuisine and the reported even gives a funny example: “Once, in New York, a great restaurateur opened a place called Page 1 of 3 Emilia-Romagna’s Food Crowned Italy’s Best Published on iItaly.org (http://www.iitaly.org) Amarcord, a reference to Fellini, who was one of Emilia-Romagna’s greatest sons.
    [Show full text]
  • Madison Ave., 780 Madison Ave., 907 Madison Ave., 804 Madison Ave., P
    66TH ST. 75TH ST. 29 Dennis Basso 85 Nicole Miller 118 Yumi Katsura 143 Léron 765 Madison Ave., 780 Madison Ave., 907 Madison Ave., 804 Madison Ave., p. 44 p. 54 p. 62 p. 123 30 Di Modolo 86 Oliver Peoples 119 Yves Saint Laurent 144 Macklowe Gallery 635 Madison Ave., 755 Madison Ave., p. 89 Rive Gauche 667 Madison Ave., p. 68 87 Paul & Shark 855 Madison Ave., p. 110 31 DKNY 772 Madison Ave., p. 85 pp. 60, 87 145 Pavillon Christofle Madison 655 Madison Ave., 65TH ST. 88 A Pea in the Pod 680 Madison Ave., pp. 44, 75 860 Madison Ave., p. 74 BEAUTY & p. 125 Avenue 32 Dolce & Gabbana 89 Pilar Rossi BATH 146Pierre Deux 825 Madison Ave., 784 Madison Ave., p. 56 120 Bond No. 9 New York 625 Madison Ave., 74TH ST. CLOTHING & pp. 44, 82 90 Prada 897 Madison Ave., p. 125 ACCESSORIES 33 Donna Karan 841 Madison Ave., p. 95 147 Porthault 1 Aaron Basha New York pp. 56, 65 121 Boyd’s Madison 18 E. 69th St., p. 124 680 Madison Ave., p.66 819 Madison Ave., 91 Primavera Gallery Avenue Department 148Pratesi 2 Akris p. 44 808 Madison Ave., Store 829 Madison Ave., 835 Madison Ave., p. 41 34 Dooney & Bourke 64TH ST. p. 70 655 Madison Ave., p. 124 3Anne Fontaine 20 E. 60th St., p. 64 92 Ralph Lauren p. 95 149Quinto Sol 35 Emanuel Ungaro 888 Madison Ave., 687 Madison Ave., p. 41 AVE. MADISON 122 Caron 937 Madison Ave., 792 Madison Ave., pp. 56, 65 675 Madison Ave., p.
    [Show full text]
  • The Best Comes in Blue
    BARILLA CAMPAIGN THE BEST COMES IN BLUE Claire Casalaspi, Molly Greenwald, Liza McGraw, Anna Petke, and Hannah Plantz SECTION 1: Pre-Campaign Secondary Research Brand Name/Company Name: Barilla Pasta How long has the product existed: Barilla was founded by Pietro Barilla in 1877. It began as a small bakery on a small, vendor road in Par- ma, Italy. Barilla is known to be associated with the Italy’s finest food. Parma is home to the acclaimed Culatello cut of cured ham and Parmigiano cheese, also known as “parmesan” (Buckley, 2019). Where is your product sold (Limited or mass distribution): • Barilla is an international brand with mass distribution (Marketline, 2019). • Largest markets are Italy and the United States (Marketline, 2019). • Barilla began exporting spaghetti and fettuccine to America in 1996 and within three years the brand had overtaken Mueller’s to become the No. 1 pasta seller in America (Orr, 2002). • Barilla was the first pasta-maker to market their products across large retailers and food-service companies across America such as Wal-Mart and Costco (Orr, 2002). What is the cost of your product: • Barilla single 16 oz box: $1.28 (Walmart, 2019). • As I observed in many grocery stores, it depends on the retailer (McGraw, personal observation, 2019). Main competitors and their costs: • Ronzoni • Single 16 oz box: $1.06 (Walmart, 2019). • 9.4% U.S households buy and used this brand as a first choice (Conley, 2013). • They make $126 million in revenue (Buckley, 2019). • Closest competitor (Orr, 2013). • Store brands • Great Value single 16 oz box: $1.00 (Walmart, 2019).
    [Show full text]
  • Brands @ Pitti Connect
    BRANDS @ PITTI CONNECT Here are the names of the brands and companies of Pitti Uomo, Pitti Bimbo and Pitti Filati who have already confirmed their participation in Pitti Connect (updated as of July 20th, 2020): PITTI UOMO 0909 Fatto in Italia, 209 Mare, 24Bottles, A. Leyva, Aeronautica Militare, Ahirain, Alessandro Dell’Acqua, Alessandro Gherardi, Alex De Pase, Alphastyle, Alphatauri, Altea, Alto Milano, American Vintage, Andrea Mariani Firenze, Andrea Ventura Firenze, Andrew & Cole, Aprvd, Armata di Mare, Arys, Athison, Atlanta Mocassin, Automobili Lamborghini, Avant Toi, Bagutta, Bikkembergs, Baracuta, Barbour, Be Able, Begg & Co, Belvest, Bemberg, Ben Sherman, Berwich, Blauer Usa, Blipers, Bluebuck, Boemos, Brador, Briglia 1949, Brooksfield, Brunello Cucinelli, Buttertea, Campomaggi, Caruso, Cebo, Clarks Originals, Closed, Colmar Originals, Colors of California, Crocs, Debayn, Diemme, Diktat, Dillysocks, Dolomite, Doucal’s, DRM, Drumohr, Duren, Duvetica, Edward Green, Effetti Personali, Ekoluk, Entre Amis, Fabi, Faguo, Faliero Sarti, Farfalla, Felisi, Fila, Filippo De Laurentiis, Finamore 1925 Napoli, Flavia La Rocca, Flower Mountain, Fortela, FPM Fabbrica Pelletterie Milano, Franceschetti, Fratelli Rossetti, Fray Italy, Gabriele Pasini, Gallia, Gandhara, Germano, Gi’n’gi, Giangi Napoli, GMF 965, Gramicci, Gran Sasso, Harold’s, Harris Wharf London, Havana & Co, Heinz Bauer Manufakt, Herno Laminar, Hevo’, Hoka One One, Hydrogen, Il Borgo Cashmere, Invicta, J.Press, Jagvi, Joah Kraus, Karl Lagerfeld, KIDSOFBROKENFUTURE, Kired, Kjøre
    [Show full text]
  • The 100 Most Renowned Luxury Brands and Their Presence in Europe's Metropolitan Centres
    Glitter and glamour shining brightly The 100 most renowned luxury brands and their presence in Europe’s metropolitan centres Advance • Luxury shopping streets Europe • July 2011 2 Worldwide luxury market has emerged stronger from the financial crisis The global market for luxury goods has emerged from the financial uses images of diligent craftsmen and companies seek to add crafts crisis significantly faster than expected. The likes of Burberry, Gucci firms with long traditions to their portfolios. At the same time, the Group, Hermès, LVMH, Polo Ralph Lauren, Prada and Richemont east-bound shift of manufacturing activities, which was in full swing have recently reported double-digit sales growth or even record an- before the financial crisis, has slowed down significantly. nual sales, which has also reflected favourably on their share prices. Companies’ own store networks have played a significant role in all Rising requirements in the areas of marketing and logistics these success stories, with their retail operations typically growing March saw the launch of Mr Porter, the new men’s fashion portal of ahead of their other divisions. Most recently business has mainly Net-a-Porter, the world’s leading e-commerce seller of luxury goods. been driven by Asia. With the exception of Japan, this is where the Yoox most recently reported a continuing rise in its sales figures. All luxury brands have recorded the highest growth rates. In particular major luxury labels have considerably expanded the online shopping luxury fashion makers have greatly benefited from the booming Chi- offerings on their websites and feature them prominently in their nese market.
    [Show full text]