Hugo&Nbsp; Boss Claims That It Will Not Initiate Takeover Actions In The Next Few Years.
Although the industry has become popular, German fashion companies
HugoBoss
In the next few years, there will be no takeover action and no further search for more jewellery franchises.
"I don't think at all," chief executive Claus-DietrichLahrs said in an interview.
Takeover action
It will bring us more rapid development in the next few years.
French luxury group LVMH bought Italy luxury jewelry brand for 3 billion 700 million euros (US $5 billion 200 million).
Bvlgari
Analysts believe that the takeover will lead the rival group to start a new round of mergers.
The remaining listed luxury companies
Burberry
Tiffany and Tod s, analysts and bankers, said that American jewelers with a total market value of $8 billion were most likely to be snapped up first, though this would not happen immediately.
Lahrs said, "there is no object in the market for us to initiate immediate takeover in the near future."
Once in
Louis Vuitton
Lahrs, who worked with ChristianDior, also said HugoBoss had no intention of entering the jewelry business again.
Lahrs said, "our cooperation with SWAROVSKI group's subsidiary Amazar has not been as successful as expected."
When asked about the impact of Japan's natural disaster on HugoBoss, Lahrs said the company had 150 employees and about 50 shops in Japan, which has shortened the operation time.
He also said that although China has far surpassed the Japanese market in terms of revenue, Japan is still one of the most important markets for luxury goods in Asia.
HugoBoss has a major stake in Permira private equity company.
- Related reading
The US Consumer Market Is Resurgent In The &Nbsp; What About Chinese Enterprises?
|French Mothers Make Their Own Things, Wind And Wind, And Children's Clothing.
|Xiamen Mike Roega Urgently Exports More Than 60 Thousand Protective Clothing In Japan
|- Other | Hubei Ma Kou Town Textile Enterprises Merger To Promote Industrial Pformation And Upgrading
- Fashion item | 夏季裙装花样多 穿出时尚美风格
- Information Release of Exhibition | The Second Fur Leather Expo Will Be Held At The Poly World Expo, Guangzhou.
- Instant news | Paying Tribute To Environmental Fashion Life, Sharing Fashion Life, Low Carbon Environmental Protection
- Fashion item | 各色美裙巧选择 打造亮眼好气质
- Market quotation | Yarn Review: Continued Fatigue Is Temporarily Undesirable.
- Fashion item | A Short Skirt That Shapes Your Waist And Buttocks.
- Mall Express | Haining Leather City Actively Seeks Expansion Elsewhere
- quotations analysis | Analysis Of Polyester Market In Jiaxing Market Of Shengze (5.20--5.26)
- quotations analysis | The Recent Yarn Market Continues To Be Weak.
- The US Consumer Market Is Resurgent In The &Nbsp; What About Chinese Enterprises?
- NASA'S Antarctic Test Spacesuit Mars: Cost $100 Thousand
- The Renminbi May Rise More Than 5% This Year, And Its Impact On China'S Exports Will Increase.
- 国际潮牌皇家橡皮筋强势进驻上海品牌服装展
- Orders For Autumn And Winter Will Be &Nbsp; Textile And Clothing Enterprises Generally Raise Their Prices.
- Japan'S Earthquake Has Limited Impact On China'S Anti Radiation Industry, &Nbsp, And No Obvious Fluctuations In The Market.
- Seven Problems Restrict The Production And Operation Of Cotton Textile Industry
- Silk LAN Card Replacement Spokesperson For The First Time To Meet The Beach
- Oil Prices Rose &Nbsp; The Era Of Profiteering Of Chemical Fiber Enterprises Is Coming To An End.
- Join Hands With NBA PEAK: The Advanced City Goes Abroad Again.