The Business Times
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kering

Global Enterprise

Gucci can no longer treat China like a ‘trash bin’: Kering CEO

2026-04-16T15:59:38.000Z
Luxury brands in March reported sales drops of 30 to 50% at the Mall of the Emirates, one of Dubai’s largest, compared to the same month last year.
Global Enterprise

Luxury brands face profits squeeze as Iran conflict shrinks Dubai mall sales

2026-04-13T07:03:54.000Z
Low levels of vacancy on popular shopping streets have put pressure on prime rents, which grew by 3.5% last year.
Consumer & Healthcare

Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe

2026-03-23T06:01:09.000Z
The company, controlled by the Pinault family, has underperformed rivals in recent years, hurt by a drop in the popularity of Gucci’s products amid a broader slowdown in luxury consumption, especially in China.
Companies & Markets

Gucci sales fall as Kering seeks turnaround under new CEO

2026-02-10T09:51:07.000Z
The transaction is part of Kering’s broader strategy to secure control of high-profile retail locations while also raising cash.
Property

Kering sells majority stake in New York property to Ardian in US$900 million deal 

2025-12-16T07:54:04.000Z
Plume de Paon pendant earrings in white gold with diamonds (S$165,000).
Watches & Jewellery
JEWELLERY

Gifts of ingenuity and effortless style

2025-12-05T04:30:00.000Z
Gucci, currently accounts for roughly half of Kering’s operating profit, down from two-thirds in 2022.
Global Enterprise

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

2025-11-21T16:01:03.000Z
More shoppers are seeking out "quiet" or experiential luxury rather than the status that comes with owning designer goods.
Features
BRUNCH

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

2025-10-24T06:00:00.000Z
Kering shares have risen 85% since de Meo’s hire was announced in June.
Consumer & Healthcare

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

2025-10-22T22:14:59.000Z
The four billion euros deal aims to accelerate growth for Kering, which owns fashion brands including Gucci.
Consumer & Healthcare

Kering agrees to sell beauty division to L’Oreal in partnership

2025-10-19T23:00:35.000Z
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