gucci

Kering CEO plans ‘House of Dreams’ investment arm to help trim reliance on Gucci

The move gives the unit long-term capital to back emerging brands as shoppers shift away from traditional luxury

E-commerce sales at Laopu Gold have surged more than 1,000% during the first three quarters of this year compared with two years ago.

Why Chinese shoppers are choosing local luxury over LVMH

As the economy cools, spending on foreign premium brands has stalled

The beauty company is offering a two-year floating-rate note, a five-year fixed-rate note and a long 10-year fixed-rate bond.

L’Oréal starts three-part euro bond sale for Kering Beauté deal

The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant

More shoppers are seeking out "quiet" or experiential luxury rather than the status that comes with owning designer goods.
BRUNCH

Can Singapore stay at the forefront of the global luxury market?

Despite a worldwide slowdown, the rise of quiet and experiential luxury is working in the Republic’s favour

Kering shares have risen 85% since de Meo’s hire was announced in June.

Kering beats third-quarter forecasts as smaller brands cushion Gucci decline

Smaller houses Yves Saint Laurent and Bottega Veneta have performed more strongly than expected, lifting overall group results

For Kering’s new chief executive officer Luca de Meo, the sale shores up the company's finances and provides some breathing room until he can get Gucci, his biggest brand, firing on all cylinders.

Kering buys time for Gucci’s revival with beauty unit sale

L’Oreal’s product innovation and marketing skills could help Gucci win over shoppers for cosmetics and fragrances

In a major shift for the family, scion Francois-Henri Pinault relinquished his role earlier this month as Kering CEO after two decades at the helm.

Billionaire Pinault’s family office to cut 7.1 billion euros debt as fortune wanes

Artemis’ retreat follows a prolonged period of growth for the family

French luxury group Kering has named its deputy CEO Francesca Bellettini as CEO of its subsidiary brand Gucci.

Troubled Gucci gets new CEO as Luca de Meo takes over Kering

KERING appointed Francesca Bellettini as the new head of its troubled Gucci label on Wednesday as Luca de Meo took over the reins of the French luxury group.

The attack appears to be part of a wider phenomenon affecting luxury brands and retailers this year.

Hackers steal client data from Kering’s Gucci, Balenciaga and McQueen: report

Breaches have also occurred at Richemont’s Cartier and some of LVMH’s labels

Valentino underwent management and design changes over the past 18 months amid a downturn in demand for high-end fashion.

Gucci owner Kering gets more time to buy the rest of Valentino

[PARIS] Kering is getting more time to exercise an option to buy the rest of the fashion house Valentino, as the French group focuses on reducing its debt levels.