Date | Title | Description |
15.01.2025 | Kering and Ardian sign an investment agreement regarding prime real estate assets in Paris | Kering and Ardian today announced the signature of a binding investment agreement pertaining to three highly prestigious real estate properties in Paris. This portfolio comprises Hôtel de Nocé, located 26, place Vendôme, and two buildings l... |
15.01.2025 | Luxury groups pin hopes on US as China weakness persists | Luxury groups pin hopes on US as China weakness persists
By Mimosa SpencerJanuary 15, 20255:44 PM UTCUpdated ago
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Item 1 of 2 Lady bags are pictured in the newly ope... |
15.01.2025 | Press release - Kering and Ardian sign an investment agreement regarding prime real estate assets in Paris | Press release_Kering and Ardian sign an agreement_15 01 25
PRESS RELEASE
January 15, 2025
KERING AND ARDIAN SIGN AN INVESTMENT AGREEMENT REGARDING PRIME REAL ESTATE ASSETS IN PARIS
Kering and Ardian today announced the signature of a bindin... |
09.01.2025 | The Fashion Landscape Shifts: STL's Acquisition of Christian Lacroix and Emerging Trends for 2025 | In a bold move, Sociedad Textil Lonia (STL), a Spanish textile powerhouse, has acquired the iconic French fashion house Christian Lacroix. This acquisition, announced on January 8, 2025, marks a significant shift in the fashion landscape. I... |
09.01.2025 | LVMH Prepares for a Long Winter With Arnault’s Moncler Deal | (Bloomberg Opinion) -- Bernard Arnault just got a hotline to some more bling. But he might have to wait for the call.
His LVMH Moet Hennessy Louis Vuitton SE has agreed to invest in Moncler SpA, the Italian luxury brand best known for the p... |
09.01.2025 | Kering: Half-yearly achievement report on Kering share quotations liquidity mandate - December 2024 | Press release - half yearly achievement report on Kering share quotations liquidity mandate - December 2024
PRESS RELEASE
January 9, 2025
HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE
QUOTATIONS LIQUIDITY MANDATE
Pursuant to the liquidity ... |
03.01.2025 | 2025 Forecast: Elie Khouri, Founder, Vivium Highlighting the key trends likely to shape industries and society in the coming year. | As we step into 2025, several significant trends are poised to shape various industries and sectors. While I can't predict the future with certainty, I've identified key developments that are likely to gain momentum in the coming year, part... |
31.12.2024 | The moments that defined fashion in 2024 – from Blackpink’s Lisa to Moo Deng | Listen
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From Arnault to Zendaya, these moments encapsulate the mercurial and swiftly changing landscape of the fashion world in 2024.
Fashion is no longer jus... |
20.12.2024 | Люксовые бренды привлекают покупателей среднего класса более доступными товарами | Столкнувшись с падением спроса на товары премиального сегмента, крупные производители люксовых брендов начинают предлагать более доступные вещи, такие как шарфы, ремни и товары для дома по цене от $500, чтобы привлечь клиентов, принадлежащи... |
18.12.2024 | Luxury Brands Embrace the Crypto Wave | Bitcoin is riding high. Its value has surged, and luxury brands are taking notice. The glimmer of digital currency is hard to ignore. High-end fashion houses are now considering accepting cryptocurrencies as payment. They see an opportunity... |
18.12.2024 | Люксовые бренды задумались о приеме платежей в криптовалюте | Стремительно растущая стоимость биткоина привлекла внимание брендов и ретейлеров элитной одежды, сообщает Reuters. Это вызвало дополнительный интерес к криптовалютам как к платежному средству.
До недавнего времени лишь несколько люксовых бр... |
18.12.2024 | As bitcoin soars, luxury brands consider accepting crypto payments | PARIS : Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with cry... |
12.12.2024 | Kering: Louise Trotter appointed Creative Director of Bottega Veneta | Press release - Louise Trotter appointed Creative Director of Bottega Veneta_12 12 24
PRESS RELEASE
December 12, 2024
LOUISE TROTTER APPOINTED CREATIVE DIRECTOR
OF BOTTEGA VENETA
Kering and Bottega Veneta are delighted to announce the appoi... |
07.12.2024 | Notre Dame Cathedral reopens 5 years after devastating fire; here's all you need to know | Notre-Dame Cathedral
The new-look, renovated Paris’ Notre Dame will reopen today, on December 7, five and a half years after a devastating fire destroyed the roof and spire of “Our Lady”, sending shock waves across the world. French Preside... |
06.12.2024 | Miuccia Prada, fashion designer defying the luxury gloom | As a schoolgirl activist in 1970s Milan, Miuccia Prada once recalled hemstitching her skirts on the stairs outside her family home in between leftwing protests.
Known simply as Miu to her relatives, the designer — who has spent almost half ... |
02.12.2024 | Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands | PARIS, Dec. 2, 2024 /PRNewswire/ -- As from November 2024, Heuritech has officially joined the Luxurynsight Group. This strategic operation marks a major step forward their shared vision to become the global Data Intelligence SaaS leader fo... |
18.11.2024 | Kering appoints new CEOs at Saint Laurent and Balenciaga | Press release - Kering appoints new CEOs at Saint Laurent and Balenciaga 18 11 24
PRESS RELEASE
November 18, 2024
KERING APPOINTS NEW CEOS
AT SAINT LAURENT AND BALENCIAGA
Kering today announced the appointment of Cédric Charbit as CEO of Sa... |
14.11.2024 | Kering: Bond issue for a total amount of EUR 750 million | Press release - Bond issue - November 2024
PRESS RELEASE
November 14, 2024
BOND ISSUE FOR A TOTAL AMOUNT OF EUR 750 MILLION
Kering has issued a single-tranche bond for a total of EUR 750 million, with a 10-year maturity and a 3.625% coupon.... |
13.11.2024 | Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says | Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
By Elisa AnzolinNovember 13, 202411:12 AM UTCUpdated ago
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11.11.2024 | Cartier-owner Richemont misses sales targets as China demand stalls | Swiss luxury group Richemont’s sales dipped in the three months to September with the owner of Cartier becoming the latest in the sector to report slower than expected revenues as Chinese demand stalls.
Sales at Richemont fell 1 per cent on... |
09.11.2024 | The China International Import Expo: A Global Marketplace of Innovation and Opportunity | The China International Import Expo (CIIE) is more than just an exhibition; it’s a vibrant tapestry woven from the threads of global commerce. This year, the 7th edition, held in Shanghai, showcases the world’s innovations, cultures, and as... |
07.11.2024 | What to see at the 7th China International Import Expo | SHANGHAI, Nov. 7, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn
Scan the QR code to learn more about the exhibition highlights of the 7th China International Import Expo.
Country Exhibition
As a key highlight of the China ... |
25.10.2024 | A Culinary Wave: Drunken Fish Makes Its Mark in Macau | Macau is no stranger to culinary innovation. Yet, the recent grand opening of Drunken Fish at Wynn Macau promises to be a game-changer. This seafood restaurant is not just another dining spot; it’s a sensory experience that aims to redefine... |
25.10.2024 | Hermes defies luxury gloom with strong sales | French luxury group Hermes has continued to defy the broader global downturn in the sector as it posted a sharp increase in quarterly sales.
The Paris-listed group, known for its silk scarves and Birkin handbags, reported on Thursday that s... |
24.10.2024 | 2024 ESG Global Leaders Conference Concludes in Shanghai: Uniting 270+ Global Leaders for Sustainable Development | BEIJING, Oct. 24, 2024 /PRNewswire/ -- The 2024 ESG Global Leaders Conference, the largest event of its kind in China, has concluded with great success. Held under the theme "ESG Synergy: Uniting for Global Prosperity," the confer... |
08.10.2024 | Kering: Stefano Cantino appointed CEO of Gucci, succeeding Jean-François Palus | Press release - Stefano Cantino appointed CEO of Gucci 08 10 2024
PRESS RELEASE
October 8, 2024
STEFANO CANTINO APPOINTED CEO OF GUCCI,
SUCCEEDING JEAN-FRANÇOIS PALUS
Kering today announced the appointment of Stefano Cantino as CEO of Gucci... |
03.10.2024 | The Resilience of Luxury: Hermes and the Rise of Alcohol-Free Sparkling Wines | In the world of luxury, resilience is the name of the game. Two stories from the heart of France illustrate this perfectly. Hermes, the iconic luxury brand, is charting a bold course amid a shifting market. Meanwhile, Moët Hennessy is makin... |
02.10.2024 | Hermes chief eyes haute couture push as Paris house rides out luxury gloom | Hermes executive chairman Axel Dumas is considering a push into haute couture as the Parisian house emerges largely unscathed from a luxury slowdown that has exposed the widening gap between the strongest and weakest brands.
The 54-year-old... |
26.09.2024 | Paris Fashion Week: Amazon warriors at Dior, and Saint Laurent looks to Yves’ own wardrobe | When Dior designer Maria Grazia Chiuri told journalists before the show that the performance artist and archer SAGG Napoli would be shooting arrows along the catwalk, there was a flicker of concern. Would the front row have to duck for cove... |
23.09.2024 | The Intersection of Sustainability and Fashion: A New Era for Brands | In a world where climate change looms large, companies are feeling the heat. They’re scrambling to show they care. Enter Meta, the tech giant behind Facebook, and Gucci, the luxury fashion house. Both are navigating the tricky waters of sus... |
21.09.2024 | Milan Fashion Week: At Gucci, making fashion wearable | Fashion shouldn’t be difficult to understand or wear. That’s the view of Gucci designer Sabato de Sarno, who presented his third womenswear collection at the Triennale di Milano on Friday (Sep 20) across red lacquered floors — the identifia... |
09.09.2024 | Акции владельца Balenciaga и Gucci рухнули после негативной оценки аналитиков | Ценные бумаги компании Kering на Парижской фондовой бирже в ходе торгов в понедельник 9 сентября падали на 4,4% до 226 евро, что стало для них крупнейшим однодневным падением за последние полтора месяца. К концу торговой сессии падение заме... |
04.09.2024 | China’s gray market is dominating luxury brands’ online sales | Image Courtesy: www.bloomberg.com
A recent study claims that in China’s preeminent e-commerce industry, the gray market, which offers brand-new, genuine goods at deep prices, is progressively outstripping the official sales channels of some... |
14.08.2024 | The Luxury Industry: A Shifting Landscape | The luxury industry is in a state of flux. Once a bastion of unyielding growth, it now faces headwinds that threaten its very foundation. The glimmering storefronts of brands like Louis Vuitton and Gucci, once magnets for wealth, are now fi... |
13.08.2024 | The luxury industry is falling from its elevated heights | The gleaming flagship stores of Louis Vuitton, Chanel and Gucci in the Ginza district of central Tokyo are no one’s idea of discount outlets. They were designed by top architects and offer sumptuous displays of luxury goods in Japan’s most ... |
02.08.2024 | China's stuttering recovery darkens global corporate growth outlook | BusinessChina's stuttering recovery darkens global corporate growth outlook
By Medha SinghAugust 2, 20246:29 AM UTCUpdated ago
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01.08.2024 | Hugo Boss to delay its 2025 targets as luxury sector struggles | Image Courtesy: atriawatford.com
Hugo Boss may postpone its key sales and profit targets past 2025 when it releases its second-quarter results, with investors closely monitoring updates on trading conditions and cost-cutting strategies.
Sha... |
28.07.2024 | Paris Olympics: A Double-Edged Sword for Local Businesses | The Paris Olympics, a grand spectacle, promised a flood of tourists and a boost to local businesses. Instead, it has turned into a paradox. As the Games unfold, many Parisian shops and restaurants are feeling the pinch. The streets, usually... |
26.07.2024 | Luxury Brands in Turmoil: Kering and Burberry Face Crossroads**
** | ** The luxury fashion landscape is shifting. Kering, the powerhouse behind Gucci and Saint Laurent, is grappling with a significant downturn. Meanwhile, Burberry, the iconic British brand, is on the hunt for a revival under new leadership. ... |
26.07.2024 | Kering's Luxury Struggles: A Brand in Crisis**
** | ** Kering, the French luxury powerhouse, is facing a storm. The company, which owns iconic brands like Gucci and Saint Laurent, has issued a stark warning: profits could plummet by as much as 30% in the latter half of the year. This is not ... |
26.07.2024 | Kering's Luxury Struggles: A Brand in the Balance**
** | ** Kering, the French luxury powerhouse, is facing a storm. Its crown jewel, Gucci, has seen sales plummet nearly 20%. This decline is not just a blip; it’s a signal of deeper troubles. The company warned that operating income could drop by... |
26.07.2024 | Global Markets in Turmoil: A New Era of Caution**
** | ** The global financial landscape is shifting. Markets are feeling the tremors of a stock rout that extends beyond the tech giants. Investors are bracing for impact as uncertainty looms large. On July 25, 2024, the world watched as stock ma... |
26.07.2024 | Hermes sales defy luxury slowdown | Paris-based Hermes once again defied the luxury downturn to grow sales in the double-digits across all regions except Asia as Chinese shoppers rein in spending on silk scarves and US$10,000 (S$13,433) bags.
Second-quarter sales at the Birki... |
25.07.2024 | Kering warns on profits after Gucci sales fall almost 20% | Kering, owner of Gucci and Saint Laurent, warned on Wednesday (Jul 24) that its operating income could fall by as much as 30 per cent in the second half of the year, compounding the woes at the French luxury company.
One of the biggest name... |
25.07.2024 | Tech tailspin whacks world stocks, yen roars to 2-1/2-month peak | MarketsTech tailspin whacks world stocks, yen roars to 2-1/2-month peak
By Marc JonesJuly 25, 20248:49 AM UTCUpdated ago
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SummaryCompanies
More than $3 trillion wipe... |
25.07.2024 | Morning Bid: Stock rout spreads beyond tech | European MarketsMorning Bid: Stock rout spreads beyond tech
By ReutersJuly 25, 20245:12 AM UTCUpdated ago
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24.07.2024 | Kering: Press release - First-half 2024 results | KERING_Press release - First-half 2024 results - 24 07 2024
PRESS RELEASE
July 24, 2024
FIRST-HALF 2024 RESULTS
Group revenue: €9,018 million
down 11% as reported and on a comparable basis
Recurring operating income: €1,582 million
Net inco... |
24.07.2024 | Kering: Availability of the 2024 First-half report | KERING_Press release -Availability of the 2024 First-half report - 24 07 2024
PRESS RELEASE
July 24, 2024
AVAILABILITY OF THE 2024 FIRST-HALF REPORT
Kering has made its First-Half Report for the period ending June 30, 2024, accessible to th... |
09.07.2024 | Top 50 Most Sustainable Companies In The World Honored At 2023 SEAL Business Sustainability Awards | Most Sustainable Company 2023
SEAL Awards today announced the winners of the 2023 Organizational Impact Award, celebrating their leadership, transparency, and commitment to sustainable business practices.
SAN DIEGO, July 9, 2024 /PRNewswire... |
05.07.2024 | XIAOHONGSHU Shines at VOGUE Business Global Beauty Summit | Pioneering the Next Wave of Innovation in the Beauty and Personal Care Industry
NEW YORK, July 5, 2024 /PRNewswire/ -- On June 25th, China's leading social media and lifestyle platform, XIAOHONGSHU was invited to the VOGUE Business Global B... |
05.07.2024 | XIAOHONGSHU Shines at VOGUE Business Global Beauty Summit | Pioneering the Next Wave of Innovation in the Beauty and Personal Care Industry
NEW YORK, July 5, 2024 /PRNewswire/ -- On June 25th, China's leading social media and lifestyle platform, XIAOHONGSHU was invited to the VOGUE Business Global B... |
04.07.2024 | Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion | Saks Fifth Avenue parent Hudson Bay Co. is acquiring Neiman Marcus for $2.65 billion, the companies told the New York Times, a move that would merge two national and upscale retailers.
The combined entity, to be called Saks Global, will hav... |
02.07.2024 | Kering: Half-yearly achievement report on Kering share quotations liquidity mandate | Press release - half yearly achievement report on Kering share quotations liquidity mandate - July 2024
PRESS RELEASE
July 2, 2024
HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE
QUOTATIONS LIQUIDITY MANDATE
Pursuant to the liquidity mandate... |
26.06.2024 | LVMH’s Bernard Arnault emerges as personal stakeholder in Richemont | Listen to this article
LVMH's Bernard Arnault emerges as personal stakeholder in Richemont
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Bernard Arnault, the billionaire founder of luxury goods group LVMH... |
24.05.2024 | Unlocking the Next Level: Esteemed fashion leaders assemble in Copenhagen to catalyse and accelerate sustainability progress | Unlocking the Next Level: Esteemed fashion leaders assemble in Copenhagen to catalyse and accelerate sustainability progress
Fri, May 24, 2024 12:10 CET Report this content
Friday 24 May: On 21-23 May, Global Fashion Summit: Copenhagen Edit... |
24.05.2024 | Unlocking the Next Level: Esteemed fashion leaders assemble in Copenhagen to catalyse and accelerate sustainability progress | COPENHAGEN, Denmark, May 24, 2024 /PRNewswire/ -- On 21-23 May, Global Fashion Summit: Copenhagen Edition 2024 assembled over 1000 esteemed representatives from brands, retailers, NGOs, policy, manufacturers, and innovators from both the fa... |
16.05.2024 | China’s shoppers still want luxury, but they are okay with secondhand goods | China has seen a surge in secondhand shopping, including for luxury brands, in a sign of changing attitudes toward conspicuous consumption.
“Buying new is expensive, so I came to look at secondhand items,” a customer at a used-goods store i... |
15.05.2024 | Gucci brings glitz and glamour to London's Tate Modern museum with star-studded fashion show | For one night only, the utilitarian, concrete basement of London's Tate Modern museum was transformed into a lush green jungle — and it was the hottest fashion ticket in town.
Luxury Italian fashion house Gucci hosted its star-studded cruis... |
03.05.2024 | Op Ed: Stephanie Downs, CEO and Co-Founder of UNCAGED Innovations, Combatting the Argument that Leather is “Natural” | Stephanie Downs is the CEO and Co-Founder of UNCAGED Innovations, the “world’s first” biomaterial company to create sustainable leather from grains at scale. Combining its proprietary software platform, BioFuze, with biomaterial manufacturi... |
02.05.2024 | Sonovia’s Denim Dyeing Revolution | Sonovia's Dyeing Machine in Action
Sonovia’s and Pure Denim unveiling it’s first Jeans collection with Sonovia’s sustainable denim dyeing technology at the Denim Premiere Vision Exhibition Milano
Sonovia (TASE:SONO)
RAMAT GAN, ISRAEL, May 2... |
24.04.2024 | Gucci-owner Kering expects first-half profit to shrink by up to 45% | French luxury group Kering said it expected sharply lower profits in the first half of 2024 compared with the previous year after sales at its top brand Gucci sank.
The Paris-based group said that it expected a decline of between 40 per cen... |
17.04.2024 | Spiber's Eco Materials Revolution Gains Momentum | Spiber, a Japanese startup, secures $65M to scale up production of its eco-friendly Brewed Protein materials. The funding will be used to accelerate mass production and global expansion, meeting the growing demand for sustainable alternativ... |
16.04.2024 | Japan’s Spiber Raises $65M to Scale Up Production of Eco Materials Made from Fermented ‘Brewed Protein’ | 4 Mins Read Japanese eco materials startup Spiber has secured ¥10B ($65M) in funding to accelerate mass production of its fermentation-derived Brewed Protein for use in the fashion, automotive and personal care industries.
In what is a majo... |
15.04.2024 | Priscila Martinez, CEO and Founder of The Brand Agency, Named to Inc.'s 2024 Female Founders List | Martinez is highlighted in Inc.'s seventh annual Female Founders list for forging numerous communications partnerships with Fortune 5 companies on behalf of her all-female public relations firm
LOS ANGELES, April 15, 2024 /PRNewswire-PRWeb/... |
12.04.2024 | Spiber Raises Over JPY10 Billion for Mass Production of Fermented Proteins for Materials | Spiber Inc., a Japanese biotech “brewing” sustainable materials for the fashion, automotive, and personal care industry, announces it has raised over JPY10 billion (around $65M) from equity financing. Spiber has raised a total funding of $4... |
07.04.2024 | Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping | Retail Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping
Katherine Tangalakis-Lippert
2024-04-07T00:27:52Z
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29.03.2024 | Культовый универмаг Нью-Йорка Saks Fifth Avenue оценен в $3,6 млрд | Владельцы Saks Fifth Avenue ведут переговоры о привлечении финансирования для поддержки денежной части предложения о покупке конкурента Neiman Marcus.
По словам одного из источников, в рамках предложенного финансирования флагманский магазин... |
26.03.2024 | Hurun Rich List: Meta's Mark Zuckerberg biggest wealth gainer in 2024 | The Hurun Research Institute has released the "Hurun Global Rich List 2024". Among global billionaires, Tesla CEO, Elon Musk, has re-emerged as the richest man, boasting a fortune of $231 billion. Two new entrants, Mark Zuckerberg... |
25.03.2024 | Sabato de Sarno, the designer who must turn around Gucci | A storm rolled over Milan as Sabato de Sarno’s big debut for Gucci took place, thwarting plans to use the city’s streets to present his new vision to the world. Last September’s event was the most hotly anticipated of the year after the des... |
20.03.2024 | Gucci owner Kering issues rare luxury sector profit warning after Asia slowdown | French luxury group Kering has issued a profit warning, making it an exception among the sector’s biggest groups, with falling sales at its leading brand Gucci expected to drag on group revenues.
Paris-based Kering said on Tuesday (Mar 19) ... |
19.03.2024 | The Notebook: Metro Bank’s cost-cutting drive spells trouble for challengers | Where the City’s brightest get a few things off their chest. Today, our fortnightly columnist Victoria Scholar, head of investment at Interactive Investor, takes the pen.
Metro Bank announced further job losses last week, bringing the total... |
15.03.2024 | Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris | PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th. The event,... |
07.03.2024 | Kanaut Tripipattanapong, better known as Gulf, has been appointed as Gucci’s brand ambassador in Thailand. | Kanaut Tripipattanapong, better known as Gulf, has been appointed as Gucci’s brand ambassador in Thailand.
*View in browser* *GUCCI*
Press release: March 7, 2024
**
Kanaut Tripipattanapong, better known as Gulf, has been appointed as Gucci’... |
05.03.2024 | Kering: Dual-tranche bond issue for a total amount of EUR 1.75 billion | - |
24.01.2024 | Salesforce CEO Marc Benioff tells retail workers: AI won't steal your job. It can make you better at it. | Tech Salesforce CEO Marc Benioff tells retail workers: AI won't steal your job. It can make you better at it.
Ellen Thomas
2024-01-24T10:00:01Z
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24.10.2023 | Opportunity For Disruptors? Retail, Apparel And Beauty Brands Lose Value | The world’s top 100 most valuable global brands lost 20% of their value in 2023, according to Kantar ... [+] BrandZ report.getty |
27.07.2023 | Salma Hayek says she's never had Botox, and credits her youthfulness to a personal meditation regimen she adopted, and frequency machines | Entertainment Salma Hayek says she's never had Botox, and credits her youthfulness to a personal meditation regimen she adopted, and frequency machines
Kirsten Acuna
2023-07-27T09:15:36Z
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27.06.2023 | KERING BEAUTÉ ACQUIRES CREED, THE HIGH-END LUXURY HERITAGE FRAGRANCE HOUSE | Iconic heritage fragrance House with strong legacy recognized for crafting unique scents, harnessing exquisite natural ingredients
Largest global independent player in the fast-growing high-end luxury fragrance segment
A major step for Kair... |
26.06.2023 | Cavia Presents New Brewed Protein Materials in Cooperation with Spiber | Spiber‘s Brewed Protein fiber was selected by Kering’s Material Innovation Lab (MIL) and Fondazione Pitti Discovery for the 7th edition of “S|Style sustainable style”. A collection was exhibited at Pitti Immagine Uomo from 13 to 16 June.
Th... |
07.04.2023 | Kering and the Festival de Cannes will present the 2023 Women In Motion Award to actress Michelle Yeoh | PARIS, April 7, 2023 /PRNewswire/ -- François-Henri Pinault, Chairman and CEO of Kering, Iris Knobloch, President of the Festival de Cannes, and Thierry Frémaux, Director of the Festival de Cannes, have chosen this year to pay tribute to Mi... |
25.03.2023 | Meet François-Henri Pinault, the billionaire who's married to Salma Hayek and runs the luxury-goods empire that owns Gucci and Balenciaga | François-Henri Pinault and Salma Hayek in November 2022. MICHAEL TRAN/AFP via Getty Images
François-Henri Pinault, 60, is the CEO of Kering, one of the world's largest luxury goods companies.
Pinault took the reins of the family business in... |
20.12.2022 | How Boucheron Uses Creativity To Express Its Commitment To Sustainability | Helene Poulit-Duquesne, CEO, and Claire Choisne, creative director, of BoucheronBoucheron |
03.11.2022 | Momenta Invests in Smartex's Series A | |
20.10.2022 | Kering: Very solid revenue growth in the third quarter of 2022 | PRESS RELEASE
October 20, 2022
VERY SOLID REVENUE GROWTH
IN THE THIRD QUARTER OF 2022
Group revenue: €5,137 million
Up 23% as reported and up 14% on a comparable basis
Download the Press Release in PDF format
“Kering’s solid performances in... |
03.10.2022 | Kering Eyewear completes the acquisition of Maui Jim | PRESS RELEASE
October 3rd, 2022
KERING EYEWEAR COMPLETES THE ACQUISITION OF MAUI JIM
In accordance with the terms disclosed on March 14th, 2022 and following clearance from the antitrust authorities, Kering Eyewear today announced that it n... |
17.08.2022 | Data snapshot: Demand for sustainable fashion & packaging drives investment in biomaterials startups | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
31.05.2022 | Kering: KERING COMPLETES THE SALE OF GIRARD-PERREGAUX AND ULYSSE NARDIN | PRESS RELEASE
May 31, 2022
KERING COMPLETES THE SALE OF
GIRARD-PERREGAUX AND ULYSSE NARDIN
Kering today announced that it has completed the sale of its entire stake (100%) in Sowind Group SA, which owns the Swiss watch manufacturers Girard-... |
17.05.2022 | Kering: Stock repurchase program launch of the third tranche | PRESS RELEASE
05.17.2022
STOCK REPURCHASE PROGRAM
LAUNCH OF THE THIRD TRANCHE
Pursuant to the Stock Repurchase Program announced on August 25, 2021, covering up to 2.0% of its share capital over a 24-month period, Kering has signed a new sh... |
06.05.2022 | ‘World’s First’ Lab Grown Leather Backed By Kering Bags $46 Million Series A | 4 Mins Read
French-based luxury fashion corporation Kering has announced it has backed San Francisco’s VitroLabs, a biotech startup that has created a platform for growing highly scalable, cultivated animal-derived leather that is environme... |
05.05.2022 | VitroLabs Cultivated Leather Raises $46M from Fashion Giant Kering & Leonardo DiCaprio | Luxury giant Kering has backed VitroLabs, a San Francisco startup developing cell-cultivated leather. The French fashion company, whose brands include Gucci and Saint Laurent, has participated in a $46 million funding round to accelerate Vi... |
05.05.2022 | The Week in Agrifoodtech: Zepto bags $200m, Stanford launches climate change school | This week, Indian “instant delivery” e-grocer Zepto got closer to unicorn status with its Series D fundraise, while Colombia’s RobinFood raised funds to expand its ghost kitchen network across Latin America. Elsewhere, cultivated leather st... |
16.03.2022 | Making second-hand fashion a first choice, SoftBank and Tiger Global-backed French platform buys US rival | As consumers increasingly reuse fashion and luxury items, there has been a spurt in the second-hand market. Adding on to the race of startups getting into the second-hand goods marketplace, French second-hand luxury marketplace Vestiaire Co... |
14.03.2022 | Kering Eyewear Acquires the Iconic U.s. Eyewear Brand Maui Jim | PRESS RELEASE
March 14th, 2022
KERING EYEWEAR ACQUIRES
THE ICONIC U.S. EYEWEAR BRAND MAUI JIM
Founded in 1987 in Hawaii, Maui Jim is the world’s largest independent sunglasses brand, rooted in exceptional design and industry leading technol... |
10.03.2022 | Shelves in luxury stores in Russia completely empty as the likes of Prada, Gucci halt operations | Empty Dior boutique in TSUM on 8 March 2022.
Alexander Sayganov/SOPA Images/LightRocket/Getty Images
Some of the world's most prominent luxury brands, including Prada, Hermes, and Chanel, have ceased operations in Russia.
The exodus has lef... |
10.03.2022 | Shelves in luxury stores in Russia are completely empty as the likes of Prada and Gucci halt operations in the country: photos | News Shelves in luxury stores in Russia are completely empty as the likes of Prada and Gucci halt operations in the country: photos
Marielle Descalsota
2022-03-10T09:33:07Z
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22.02.2022 | Kering: STOCK REPURCHASE PROGRAM LAUNCH OF THE SECOND TRANCHE | PRESS RELEASE
02.22.2022
STOCK REPURCHASE PROGRAM
LAUNCH OF THE SECOND TRANCHE
Pursuant to the Stock Repurchase Program announced on August 25, 2021, covering up to 2.0% of its share capital over a 24-month period, Kering has signed a new s... |
10.02.2022 | Gucci just bought a plot of virtual land in The Sandbox to create themed experiences in the metaverse | Gucci has entered the metaverse, buying a plot of digital land on The Sandbox.
Gucci made the announcement on Twitter, accompanied by a Discord group with 73,000 members.
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Iconic fashion house Gucci has entered the metaverse by... |
10.02.2022 | Gucci Buys a Plot of Virtual Land in The Sandbox to Officially Enter the Metaverse | Thea Felicity, Tech Times 10 February 2022, 11:02 am
(Photo : CHARLY TRIBALLEAU/AFP via Getty Images)
In its first foray into the metaverse, Gucci has acquired a plot of land on The Sandbox-allowing the iconic fashion line to create an inte... |
24.01.2022 | Press release : Kering announces the sale of Girard-Perregaux and Ulysse Nardin to their Management | PRESS RELEASE
January 24, 2022
KERING ANNOUNCES THE SALE OF
GIRARD-PERREGAUX AND ULYSSE NARDIN TO THEIR MANAGEMENT
Kering announces the signature of an agreement to sell its entire stake (100%) in Sowind Group SA, which owns the Swiss watch... |
04.01.2022 | Kering - HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE QUOTATIONS LIQUIDITY MANDATE | PRESS RELEASE
January 4, 2022
HALF-YEARLY ACHIEVEMENT REPORT ON KERING SHARE
QUOTATIONS LIQUIDITY MANDATE
Pursuant to the liquidity mandate granted by Kering to Rothschild Martin Maurel, the following assets appeared on the liquidity accoun... |