Lacoste news and archive

Lacoste taps Rémy Cointreau Group head as CEO

French label Lacoste has named Éric Vallat as its new chief executive officer. Vallat, who succeeds Thierry Guibert, will step into his new role from September 1. He will join the company from the Rémy Cointreau Group, where is currently wrapping up as chief executive officer. Prior to this, he had held the same position at Rémy Martin and had...

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Lacoste eyes controlling stake in joint venture with Pentland

Lacoste is understood to be circling the acquisition of a controlling stake in its joint venture company set up with Pentland Group. If the deal proceeds, Lacoste intends to buy Pentland’s 50 percent stake in Pentland Chaussures Ltd, for which the group currently serves as a Lacoste licensee. According to FashionNetwork, which initially reported...

Retail

Thierry Guibert, CEO of Lacoste: 'Our ambition in the American market is significant'

French fashion brand Lacoste (MF Brands group) inaugurated its New York flagship store on Thursday. A prime location on 5th Avenue now houses the brand's products, reflecting its strong financial performance. The store, spanning nearly 10,000 square feet, is presented as "a showcase of Lacoste's expertise in the US," according to the press...

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Lacoste eyes US market push in effort to reach four billion euros in sales

French sportswear brand Lacoste is said to be making an “aggressive” push within the US market as its chief executive, Thierry Guibert, eyes an increase in annual sales to four billion euros. In an interview with the Financial Times, Guibert said that he has set a target to double sales for Lacoste’s US business from 400 million euros. To...

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Lacoste announces opening of regional headquarters in Hong Kong

Sportswear brand Lacoste has announced the opening of its regional headquarters in Hong Kong, reflecting its desire to expand in the region. “We celebrated the opening of our new regional headquarters in Hong Kong. Our new office offers employees an excellent working environment, with a collaborative space that encourages interaction and...

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Lacoste establishes licensing agreement for kidswear

Sportswear brand Lacoste has pinned down a partner for the licensing of the kidswear category in its Crocodile brand. New York-based Haddad Brands will assume the role of designing, developing, producing and marketing all Lacoste kids’ clothing and accessories lines. The duo have signed onto a five-year agreement for products both within the US...

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Accent Group to distribute Lacoste and Dickies in Australia and New Zealand

Accent Group has announced its appointment as the exclusive distributor for Lacoste and Dickies in the Australia and New Zealand (ANZ) regions. The two brands are currently sold in ANZ through direct-to-consumer channels, online and owned stores and via wholesale – the former into department stores and other specialty retailers, while the latter...

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Fashion |Marketing

A Lacoste event at the Great Wall of China highlights the art of marketing activations

In an era where the line between fashion, sport, and entertainment blurs ever more dramatically, Lacoste’s recent event on the Great Wall of China stands as a striking example of the lengths brands will go to capture the global spotlight. On September 29th, Lacoste merged historical grandeur with with the world of sport, paying tribute to Novak...

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Business

Can blockchain and NFC chips put an end to counterfeiting and idea theft in the fashion industry?

The fashion industry is facing a double threat: a rise in counterfeiting that eats into their profits and a fast-fashion culture that copies designs with impunity. But blockchain offers a glimmer of hope. Or rather, a concrete answer. Blockchain: Tracking a fashion item’s entire journey A blockchain is essentially “a large, public, distributed...

Retail|In Pictures

Lacoste unveils tennis-inspired takeover at Selfridges

French sport and fashion brand Lacoste has unveiled a takeover of Selfridges’ second-floor atrium and select window vitrines, as well as transforming the ‘Alto by San Carlo’ rooftop restaurant and terrace into an immersive space called ‘Le Club Lacoste’. The takeover will run until July 21 and includes Lacoste’s brand-new catwalk collection, the...

Fashion

Lacoste launches "Olympic Heritage" collection ahead of Paris summer Olympics

Lacoste has unveiled a new capsule collection that pays tribute to the 1924 Paris Games ahead of the 2024 summer Olympic Games. Named “Olympic Heritage,” the collection sees French sport and fashion brand reimagine the graphic heritage of the historic games that took place a century ago, reinterpreting vintage styles across apparel and...

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Lacoste appoints Philippe Gautier as EVP global finance

Lacoste has announced the appointment of Philippe Gautier, 56, as EVP global finance. He also joins the Lacoste executive committee. Commenting on Gautier’s appointment, Thierry Guibert, CEO of Lacoste, said: "Lacoste can rely on Philippe Gautier’s in-depth knowledge of the fashion and lifestyle sectors, his significant international experience,...