Kering shares dropped sharply on Friday morning after the group led by Francois-Henri Pinault chose to bet on subversive in-house talent Demna to reinvigorate its …
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Kering
Kering Names General Secretary, Strategy Chief
French luxury group Kering has appointed a new secretary general and head of strategy as part of an effort to strengthen its executive team after …
The Debrief | Can Kering Fix Gucci?
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Can Kering Bounce Back From Its ‘Annus Horribilis’?
PARIS — Gucci’s sales plunged 24 percent in the fourth-quarter, underscoring the steep decline that prompted the brand to seek a new creative direction. After …
Kering Sells Italian Luxury Outlets to Alleviate Debt
Kering has sold its “The Mall Luxury Outlets” unit to US real estate company Simon, the French luxury conglomerate said in a statement on Thursday. …
Kering Sells Majority Stake in Three Paris Properties to Ardian
Kering SA will sell a majority stake in three Paris properties to French private equity firm Ardian, a deal that will net the struggling owner …
Kering Seen Closing Property Deal in Early 2025 to Cut Debt Load
Kering SA expects to soon secure outside investment for a new entity that would house its real estate assets — including about €4 billion ($4.2 …
Kering Names New CEOs at Saint Laurent and Balenciaga
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 …
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 …