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Week in Review: Kylie Jenner's potential new brand, Rolex's Bucherer acquisition, Lanvin's struggles

The Glossy Podcast · with Danny Parisi · September 1, 2023 · 25 min

Summary

This episode dissects three major news stories impacting the luxury goods sector: Kylie Jenner's strategic move into 'quiet luxury' with seasoned brand builders, Rolex's significant acquisition of Bucherer to exert greater control over its distribution and the secondary market, and the ongoing struggles of heritage brand Lanvin. It offers valuable insights into brand strategy, market consolidation, and the evolving dynamics of celebrity influence and luxury retail.

Key takeaways

Themes

brand & contentdtc strategyretail & omnichannelfinance & fundraising

Topics covered

kylie jenner new brandquiet luxury trendrolex bucherer acquisitionluxury watch marketlanvin brand strugglescelebrity-backed brands

Episode description

On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week. This week, we discuss the rumor that Kylie Jenner is allegedly planning to launch a “quiet luxury” brand with Jens and Emma Grede, the executives behind other brands in the Kardashian universe including Skims and Good American. Later, we talk Rolex buying Bucherer and the troubles facing Lanvin. Read more: Emma Grede, Good American | Glossy 50 2022 Can Rolex’s new resale program and booming secondhand market coexist? Fashion Briefing: Lanvin Group stokes growth with fresh talent, celebrity faces and bags

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Frequently asked about this episode

What does this episode say about brand & content?
Kylie Jenner's rumored 'quiet luxury' brand with Jens and Emma Grede signals a strategic shift from overt branding in the celebrity-backed brand space, focusing on inherent value and discretion.
What does this episode say about dtc strategy?
Rolex's acquisition of Bucherer demonstrates a powerful move towards vertical integration, allowing the luxury watchmaker to gain tighter control over its distribution channels and better manage its presence in the burgeoning secondary market.
What does this episode say about retail & omnichannel?
Lanvin's difficulties highlight the precarious balance between preserving brand heritage and adapting to modern market demands, underscoring the challenges even established luxury houses face in maintaining relevance and financial stability.
What does this episode say about finance & fundraising?
The involvement of experienced brand builders like Jens and Emma Grede in Kylie Jenner's new venture emphasizes the importance of strong operational expertise beyond celebrity appeal for sustainable brand growth.
What does this episode say about brand & content?
Brands should analyze Rolex's move as a potential model for asserting greater control over their product's lifecycle and customer experience, particularly in industries with significant secondary markets.

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