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Sunday, 11 April 2010

Conglomerates Own The Fashion Industry!

Fashion is a huge industry that is owned by many conglomerates. Conglomerates own most of the international fashion brands that are not privately owned by the designers themselves. Conglomerates reduce the invesment risk of the companies, increase the growth and the companies can increase their market shares and increase their earnings.
There are a few international conglomerates that own the most popular high class brands. The following is a list of the most important conglomerates:
• AEFFE Group (Alberta Ferretti, Moschino, Pollini, Jean-Paul Gautier)
• Utex Fashion Group (Utex, U&I, Hilary Radely, Jones New York, Daniel Hechter, Massimo Moda)
• LVMH Group (Louis Vuitton, Loewe, Celine, Berluti, Kenzo, Givenchy, Marc Jacobs, Fendi, StefanoBi, Emilio Pucci, Thomas Pink, Donna Karan, Nowness)
• Inditex Fashion Group (Zara, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Uterque)
• GUS plc
• Benetton Group (United colors of Benetton, Under colors of Benetton, Sisley, Playlife)
• PVH Corporation (Calvin Klein, Arrow, IZOD, Bass, Van Heusen, Chaps, DKNY, Donald J. Trump – Signature collection, Geoffrey Beene, JOE, Kenneth Cole, Timberland, Sean John, Tommy Hilfiger, Ted Baker, MICHAEL, NAUTICA, J.GARCIA)
• PPR Company (This company owns retail shops and luxury brands, for instance Gucci Group)
• Gucci Group (Alexander McQueen, Balenciaga, Bottega Veneta, Gucci, Sergio Rossi, Stella McCartney)

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