French luxury group Kering will buy family-owned jewellery producer Raselli Franco Group, it said on Thursday, announcing an initial €115 million ($134.76 million) investment into …
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Kering
Kering Raises $690 Million in New York Property Deal with Ardian
Kering has finalised a New York property deal with private equity firm Ardian, the French luxury group said Tuesday. Under the agreement, Kering is contributing …
Kering Joins Investors Betting on China’s Gold Jewellery Boom
A new crop of Chinese gold jewellery brands are attracting investor interest in the wake of Laopu Gold Co.’s breakout success. Hangzhou-based Borland, a gold …
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Kering’s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling back its store network and chasing more synergies, chief executive …
L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal
L’Oréal SA is selling up to €3 billion ($3.47 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté. The …
Report: Kering and Mayhoola to Inject €100 Million Into Valentino
Kering and investment fund Mayhoola have agreed to inject €100 million ($117 million) into Valentino to shore up the Italian fashion house’s finances after it …
Full Coverage: Kering, L’Oréal and the Seduction of Luxury; Inside Amouage’s Success Story; Is Meghan Markle Launching Beauty?
Welcome back to Full Coverage. First off, thank you to everyone who came out to our sunny breakfast with Unilever on Tuesday morning at Nine …
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at Kering’s flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent on a like-for-like basis, …
Why Kering Gave Up on Beauty
Kering has given up on beauty. Just two years after inaugurating an in-house division, installing a dedicated chief executive and buying Creed for $3.8 billion …
Kering Workers in Italy to Strike Over ‘Unilateral Decisions’ by the Company
Workers at Italian units of French luxury group Kering will stage a four-hour strike on Tuesday, unions said, citing what they said was the company’s …
L’Oréal to Acquire Kering Beauty Portfolio for $4.6 Billion
L’Oréal will take over Kering’s beauty portfolio, including the prestige fragrance maker Creed it acquired in 2023 for a rumoured $2 billion, and the rights …
Kering Plans to Sell $4 Billion Beauty Division to L’Oréal
French luxury group Kering is in advanced talks to sell its beauty division to beauty group L’Oréal for about $4 billion, the Wall Street Journal …
Francesca Bellettini to Lead Gucci, Kering Confirms
Francesca Bellettini, currently Kering’s co-deputy CEO for brand development, has been named president and CEO of Gucci, Kering said Wednesday, confirming media reports over the …
Valentino Joins Kering Eyewear in Bold Global Deal
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Kering Strikes Deal to Make Valentino Eyewear
French luxury group Kering has struck a licensing deal to develop eyewear for Valentino, deepening ties between the two companies days after Kering said it …
Gucci CEO Said to Exit Amid Kering Shakeup
Gucci chief executive Stefano Cantino is set to exit the brand after less than one year in the role, multiple sources told The Business of …
Celebrities at the Kering Caring For Women Dinner
We’ve seen everyone in Gucci, so here are the other notable looks from the Fourth Annual Kering Caring for Women Dinner held at The Pool …
Celebrities in Gucci at the 2025 Kering Caring For Women Dinner
When Gucci dresses the room, you know it’s going to be a feast for the eyes. The Fourth Annual Caring for Women Dinner at The …
Kering: Valentino Will Not Change Hands Before 2028
Kering said on Wednesday that it will not fully buy Italian fashion brand Valentino until at least 2028, its first major move under new CEO …
LVMH and Kering Upgrades Fuel Rally for Luxury Stocks
European luxury stocks got a boost on Tuesday after HSBC Holdings Plc upgraded sector heavyweights LVMH and Kering SA on the expectation of a Chinese …