kering

Getting back to normal will take months for the hub

Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches

Comparable revenue at Gucci tumbled 10% in the fourth quarter

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

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

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

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

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

[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.