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Which companies in the fashion industry are Apple-like?
by bosie 7y ago
Which companies in the fashion industry are Apple-like?
- filmgirlcw 7y agoIts a conglomerate and many brands, but LVMH is probably the closest comparison of an Apple to fashion. It’s a luxury brand group, but has price points that go from attainable to stratospheric. If I had to pick one label, I would choose Burberry (fitting, since Apple went on a Burberry hiring spree a number of years ago, and not just for retail but in design) or Marc Jacobs (which is part of LVMH).
- cosmodisk 7y agoLVMH.I believe it was Bernard Arnault who said that only luxury products can command luxury margins.