jeanclaude
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I miss the "Yves" in that logo...it feels like a fake YSL.
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For me, they have more chances to get Gucci back from Coty than YSL back from L’Oreal.Do you guys think eventually L'Oreal will sell YSL Beauty to Kering back?
Nope, they are very content with YSL Beauty, every time Kering ask, L'Oréal raises the price by one billion, plus Meyer and Bellettini aren't on speaking terms.Do you guys think eventually L'Oreal will sell YSL Beauty to Kering back?
Pinault was stupid enough to sell it and I never understood why because at the time, Gucci Group was just an entity in PPR. His lost.Nope, they are very content with YSL Beauty, every time Kering ask, L'Oréal raises the price by one billion, plus Meyer and Bellettini aren't on speaking terms.
I’ve always had the feeling that acquiring Mugler and investing in it was them testing the water for a possible take over of Armani. They are essentially trying to replicate the success of Paco Rabanne with Mugler.Kering might get YSL Beauty back, but I don't it will happen this decade. Kering has bigger priorities right now:
- getting Gucci back on track (preferably without Sabato)
- pushing Gucci Beauty/Perfumes
- growing YSL and BV to become a larger factor in Kering's performance
- completing the acquisition of Valentino
- start preparing Balenciaga for an eventual rebrand
- consider developing fragrances for BV and Balenciaga
L'Oreal definitely killed YSL Beauty. The products themselves look quite appealing, but the marketing is so trashy. Part of me wants Pinault to suck it up and give L'Oreal what they want.
That said L'Oreal also owns Mugler and manages Armani Beauty so if they manage to grow Mugler and acquire Armani, they should be more willing to give Kering a discount. Of course, Kering could actually collapse, allowing them to acquire YSL too.
Pulling a Rabanne with Mugler is going to be hard with its currrent form. Cadwaller's Mugler is very dependant on creating "iconic moments" without a proper collection range behind it. They have these "Spiral Curve" bags that look cool, but they have barely promote them.I’ve always had the feeling that acquiring Mugler and investing in it was them testing the water for a possible take over of Armani. They are essentially trying to replicate the success of Paco Rabanne with Mugler.
The vision for L'Oreal's YSL is very duty-free outlet adjacent. To add to that, the beauty division is quite parasitic. They literally released a perfume named "37 Rue De Bellechasse" and they regularly hire SebastiAn to do soundtracks for their ads. Funny enough, the beauty division follows the fashion division and Vaccarello on most social media, while neither parties follow them back.From the moment they released ELLE, I knew that YSL by L’Oreal would be a mess. I think fragrances like Y, Myself are hurting the brand. They have had so many corpses along the way like Parisienne, they have never elevated the classics of the brand as real untouchable classics.
I still use Cinema as fragrance for myself but I think that in terms of vision, creative direction and products, Yves Saint Laurent is really pitiful.
I understand why. Luxury beauty/fragrance lines are filled with comparatively low-price, high-volume products, so companies have to really attentive to distribution and marketing to balance the cash-cow aspect and the luxury aura. So many of these smaller corporate brands have these corpses from the 00s, before they went through heavy restructuring in the 10s.And contrary to what people may imagine, Big beauty giant groups aren’t really doing the best thing for the fragrances collections of their brands. Estée Lauder has slowly destroyed Tom Ford beauty over the last 5 years, Puig and JPG looks like it’s operated by the marketing department and the same can be said about Coty and what they did to Gucci.
When it comes to fashion brands having beauty lines, only Chanel, Hermes, Loewe & Celine seems to totally nail it for me.
I hope Kering will really do the relaunch of Bottega Veneta parfums right, with a real identity and good marketing.
The line under Tomas Maier was good btw.
Anthony should work more then, and they will need another CD for menswear, and they will need couture, at least for exposure and brand elevation, but alas, Anthony just can't, he is definitely not fitted for couture,I always thought YSL should be the primary brand in Kering group...like Dior for LVMH.
Totally it should be up there next to Chanel and Dior in size and relevance, with clear codes protected and refreshed,with its own ateliers and expertise departments that are cultivated & grown as the company gets bigger and has more resources to perfect expertise.( much like balenciaga should also be up there as a HC house )There is so much potential in the brand, one of the best archive to pull from. One of the greatest logo in the world (kudos Cassandre). Going up doing couture they can, or going down and making more appealing pieces they can too. I wonder which way the will go, I feel like they have been at the same place for a few years now. The brand has every element to become as big as Gucci.
There is so much potential in the brand, one of the best archive to pull from. One of the greatest logo in the world (kudos Cassandre). Going up doing couture they can, or going down and making more appealing pieces they can too. I wonder which way the will go, I feel like they have been at the same place for a few years now. The brand has every element to become as big as Gucci.
YSL is very unique in terms of how expansive and diverse the brand's history and archive is. The fact that both Tom and Hedi were on brand says a lot. On top of that, YSL played a huge role in forming post-war French culture. Chanel and Dior, despite their larger size, can't really claim that. The entity was definitely damaged by overlicensing in the 70s and 80s, followed by fragmentation in the 90s and 00s and a radical rebrand in the 10s. Of course, this is the consequences of short-term thinking and the clashing of egos.Totally it should be up there next to Chanel and Dior in size and relevance, with clear codes protected and refreshed,with its own ateliers and expertise departments that are cultivated & grown as the company gets bigger and has more resources to perfect expertise.( much like balenciaga should also be up there as a HC house )
Instead they treat the brand like its contemporary segment brand with luxury prices,for easy pay day.
to be fair PB and Yves did a lot of damage themselves to the house with all the licenses etc so , what can we say the gays love to have a luxury live...who can blame them lol
Hedi just wanted the perfumes back from L’Oreal: his idea of SAINT LAURENT was beautiful and if he stayed longer he would have reached the level of Dior.I think what Hedi tried to do was exactly that with his rebranding and strategy. In a way he made things clear with the rtw and saint laurent branding. How I understood it is that he wanted the classic ysl brand for couture. Knowing hedi there was quite a bit of world building and strategy.
I think the current branding is so bad, taking the Yves away from the original Cassandra type creates a disbalance. People at kering seem so lost.