Quake Reverberations Felt in Luxury M&A
Last year, pent-up M&A needs in the luxury goods space that were withheld through the recession’s dark days finally saw the light of day, as big brand names like Tommy Hilfiger exchanged hands. But Japan’s earthquake and tsunami caused investors great consternation—and for good reason; Japanese luxury goods consumers are a driving force for the industry. As Japan slowly rebuilds while facing an ongoing crisis, dealmakers, too, are ready to pick up the pieces. Already, prognosticators are declaring the Japanese economy is on its way back....
12 April 2011•2 mins read
