Bloomberg - Retail Consolidation Will Continue to Happen! TRAUB's Singer

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Bloomberg - Retail Consolidation Will Continue to Happen! TRAUB's Singer

Bloomberg - Retail Consolidation Will Continue to Happen! TRAUB's Singer

  • TV-G
  • 2019
  • 5mins
Dec.05 -- Morty Singer CEO of TRAUB discusses consolidation in luxury retail as Gucci-owner Kering holds discussions with Italian skiwear maker Moncler about a potential deal while Kering rival LVMH is moving forward with its purchase of jeweler Tiffany in the biggest-ever luxury deal. He discusses the strategy by these potential purchasers of luxury as an accessory and sustainability of luxury through a downturn. Singer speaks with Scarlet Fu and Romaine Bostick on Bloomberg Markets: The Close.