French luxury giants Kering and Hermès reported their respective trading updates for the third quarter, with Kering sales for the three months worse off due to the global luxury slowdown, and Hermés&#…
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Search Results For: Kering
Interview: Travel retail a “pivotal” channel for Kering Eyewear
Since the beginning, Kering Eyewear has had its eyes on the prize, with the ambition of becoming the undisputed leader in the luxury eyewear segment. Today, Kering Eyewear takes its […]…
Kering appoints Seán McGirr as creative director of Alexander McQueen
French luxury conglomerate Kering has announced the appointment of Seán McGirr as creative director of Alexander McQueen.…
Kering to acquire Valentino stake, reports H1 results
Kering is set to acquire a 30 percent stake in Valentino, announced as the group reported half-year results. The first half of the year for Kering has been marked with another significant deal in its …
Kering reveals Gucci CEO Marco Bizzarri will step down
Luxury conglomerate Kering Group has announced that Marco Bizzarri is leaving his post as president and chief executive officer of Italian luxury brand, Gucci, effective September 23.…
Kering Beauté acquires Creed in first strategic move
The acquisition of Creed, the multi-century high-end fragrance house, represents Kering Beauté’s first strategic initiative, according to Kering chairman François-Henri Pinault.…
Kering sees sales growth resume in APAC on recovering China
French luxury giant Kering said on Tuesday first-quarter revenues increased 2 percent as reported and by 1 percent on a comparable basis, as sales growth resumed in the group’s Asia-Pacific regi…
Kering ponders the future of sustainable luxury, releases progress report
Global luxury group Kering, which owns fashion and jewelry houses including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, and Boucheron, has released the results of its sustainability progress rep…
Kering Eyewear acquires French manufacturing company UNT
Kering Eyewear, part of the French luxury conglomerate Kering Group, announced on March 13 it has acquired a 100-percent stake in French company UNT (Usinage and Nouvelles Technologies), as it looks t…
Kering reports 2022 group revenue up despite a mixed fourth quarter
Presenting its 2022 full-year results on February 15, Kering disclosed its group revenue exceeded EUR 20 billion in 2022, up 15 percent as reported and 9 percent on a comparable […]…