French luxury group Kering has promoted Balenciaga chief Cédric Charbit to Iead Saint Laurent, its second-biggest brand. The move will allow Francesca Bellettini, Saint Laurent’s …
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Kering
Kering Warns on Profit as Sales Fall 16%
Kering’s third-quarter sales fell 16 percent on a comparable basis to €3.78 billion ($4.08 billion) as a market-wide slowdown pounded the French group. Gucci, Saint …
Bottega Veneta x Kering Beauté Private Dinner
Bottega Veneta, in collaboration with Kering Beauté, hosted an exclusive dinner at their Venice residence, located in the historic Palazzo Soranzo van Axel. Co-hosted by …
Kering Stock Rating Cut to ‘Sell’ as Goldman Doubts Luxury Rally
Last week’s China-fuelled rally in luxury-goods stocks is based on unstable foundations, according to Goldman Sachs Group Inc. analysts. Stimulus measures announced by the economic …
Francesca Bellettini’s Plan For Kering
PARIS — White roses, white sofas, black marble tables and leather handbags. All is order and simplicity in the monochromatic boutiques that have helped propel …
Kering Foundation Third Annual Caring For Women Dinner
The stars were out in full force for the Kering Foundation’s Third Annual Caring for Women Dinner in New York, and the red carpet was …
Celebrities In Gucci For The Kering Foundation Third Annual Caring For Women Dinner
Here are all the attendees who wore custom Gucci looks by Sabato de Sarno for the Kering Foundation Third Annual Caring for Women Dinner that …
Celebrities In Balenciaga For The Kering Foundation Third Annual Caring For Women Dinner
Here are all the attendees who wore Balenciaga for the Kering Foundation Third Annual Caring for Women Dinner that took place on Monday in New …
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears
French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks …
This Week: Kering, LVMH and Hermès Confront Luxury’s ‘Underconsumption’ Problem
Luxury brands have been sounding the alarm about a global downturn in recent months. With second quarter results due out this week from three of …
Laurent Claquin Appointed Kering Chief Brand Officer
Gucci and Saint Laurent owner Kering has named Laurent Claquin to the newly created role of group chief brand officer. Claquin, who has served as …
Kering Beauté Takes Minority Stake in Matiere Premiere
French fragrance brand Matiere Premiere announced Tuesday that Kering Beauté, the luxury group’s beauty division, had taken a minority stake in the company following its second …
Celebrities at the 2024 Kering Women In Motion Awards
The 2024 Kering Women In Motion Awards and Cannes Film Festival Presidential Dinner took place on Sunday evening following a busy night on the red …
Kering Profits to Plummet 40-45% in First Half
PARIS — Kering’s first-half profits are likely to drop by 40 to 45 percent, the French owner of Gucci and Saint Laurent said Tuesday. The group …
Can Kering Turn Things Around?
On a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry slippers, flamboyant jackets and …
Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown
LVMH usually kicks off luxury earnings season on a reassuring note. Not so this time. The conglomerate reported its fashion and leather goods business grew …
Kering Splashes Out €1.3 Billion for Building on Milan’s Iconic Shopping Street
Gucci owner Kering SA is spending €1.3 billion ($1.41 billion) for a property on Milan’s toniest shopping street. The French luxury group said Thursday that …
Kering Shares Drop After Warning of Plunge in Gucci Sales
Kering SA shares tumbled after the French luxury group warned that sales at Gucci, its biggest brand, have fallen about 20 percent in the first …
Gucci Sales Down 20% in First Quarter, Kering Forecasts
Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged in an unscheduled trading update Tuesday. The …
Kering and EssilorLuxottica possible suitors for Italy’s Marcolin: Report
Gucci-owner Kering and Ray-Ban parent EssilorLuxottica are among the suitors for Italian eyewear manufacturer Marcolin, the Financial Times reported on Saturday. New York-headquartered eyewear maker …