While many fast-growth companies in the creative industries are currently the target of heavy private equity investments and a flurry of mergers and acquisitions, it makes sense, from a tax and financial standpoint, for individuals and corporate investors to go ‟long” on creative startups and SMEs.
Tax free shopping, in France alone, had a volume of around 4 billion Euros in 2012, progressing between 25 and 30 percent per year. As Chinese tourists spend around 80 percent of their shopping budget in Paris, in particular at ‟Les Galeries Lafayette” and ‟Printemps”, tax free shopping, also called VAT refund, is a bonanza…
We had a great time, on Tuesday 30 July 2013, during the business breakfast during which we presented our proprietary research on fashion finance.
The main characteristic of a luxury company is the importance of its brand’s value. This is by far the most crucial asset of a luxury business. It is due to the extreme concentration of intangibles that such brand embodies.
London fashion law firm Crefovi and Own-it, an institution which offers intellectual property advice for the creative sector, hosted a free webinar on ‟Fashion business partnerships and investment: IP as a business asset”, on 13 February 2013.