kering

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

The deal comes as the company seeks to cut debt and protect its credit rating

Plume de Paon pendant earrings in white gold with diamonds (S$165,000).
JEWELLERY

Gifts of ingenuity and effortless style

This Christmas, take your pick from Boucheron’s varied options

Gucci, currently accounts for roughly half of Kering’s operating profit, down from two-thirds in 2022.

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

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?

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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

The four billion euros deal aims to accelerate growth for Kering, which owns fashion brands including Gucci.

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

[PARIS] Kering has agreed to sell its beauty division to L’Oreal as part of a long-term strategic alliance, with chief executive Luca de Meo seeking to turn around the French luxury giant’s fortunes.

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.