The MBS Group

Luxury & private equity: a marriage made in heaven or hell?

I have been to many breakfast discussions in my time, but the one that we hosted last Thursday really stood out for me. Marcello Bottoli, a world expert on the luxury, private equity and consumer sectors, led the exceptionally thought-provoking and stimulating discussion. We are living through very unstable times and the term luxury itself is a changing concept – as Marcello noted, luxury is shifting away from tactile, ‘look at me’ product to the more experiential. This is all the more evident when one considers brands such as Armani, Cavalli and Versace, all of which have broadened their traditional product categories to include nightclubs, restaurants and hotels.
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