How the luxury giants will grow in 2024: Organically or via M&A‪?‬ Luxury Stance with Mickey Alam Khan and Scott Kerr

LVMH, Kering, Richemont, Puig, Swatch Group, Tapestry and Chalhoub Group look to grow their companies through acquisitions or brand mergers. Also under discussion will be the growth strategy of major independents such as Hermès, Giorgio Armani, Brunello Cucinelli and Prada. A major possibility is the shake-up in the luxury retail world, especially with department store chains in the United States as they navigate rapidly changing consumer shopping behavior and increased monobrand-store presence by luxury brands. The goal of such M&A activity among luxury brands and retailers is obviously to scale and expand their capabilities. But this year, it may also be a lifeline for some. In the latest episode of The Luxury Stance Podcast, Luxury Roundtable CEO Mickey ALAM KHAN and Silvertone Consulting CEO Scott Kerr discuss the possible luxury goods M&A transactions that could happen this year and the new capabilities that mean the most to luxury dealmakers.
Hosts:Mickey Alam Khan, CEO of Luxury Roundtable & Scott Kerr, Founder & President of Silvertone Consulting, Host of The Luxury Item podcast
About Luxury Stance podcast:Luxury Stance podcast is the official podcast of Luxury Roundtable, the world's leading network for luxury professionals, marketers, and wealth managers. Each episode, hosts Mickey Alam Khan and Scott Kerr have a thoughtful discussion about critical issues facing the luxury industry and the latest trends shaping the future of the business.
To learn more about Luxury Roundtable, visit luxuryroundtable.com