Versace
Strategic Concepts & Mechanics
Primary Evidence
"Similarly, Kroll was commissioned by LVMH to obtain information on other competitors, such as Hermès, Versace, Ferragamo, or Armani. Regarding Domenico De Sole, the investigations that Kroll is conducting at the request of LVMH go far beyond9."
"The battle plan is simple and impactful: Ray-Ban ventures into prescription glasses to fill the void left by Re Giorgio's frames. New significant licenses are secured, Versace and Prada in 2003 being the most significant. It works. Luxottica recovers quickly."
"The glasses of Kennedy and Tom Cruise Leonardo will end up buying them all, at the end of a decade in which everything he touches turns into gold. The company expands its portfolio of licenses with luxury brands, designer glasses become the main part of the business in the sector. In rapid succession, agreements were signed for Yves Saint Laurent in 1991, then Brooks Brothers, Sergio Tacchini, Emporio Armani, Bulgari, and Ferragamo in 1998, Chanel in 1999, Prada and Versace in 2003, after the divorce from Armani. But Leonardo is not satisfied with just licenses. If he sees an opportunity, he opens the door and buys."