Group revenue: €9.9 billion, up 23% as reported and up 16% on a comparable basis. Kering’s financial result improved sharply in the first half of 2022. Group revenue in the first half of 2022 grew 23% as reported and 16% on a comparable basis compared to the first six months of 2021. Group revenue also … Read more
Global Fashion Summit: Copenhagen Edition is the epicentre for sustainability in fashion. Illustrious brands and organisations launch new initiatives to accelerate impact. Hosted in the grand setting of the Royal Opera House, Copenhagen, on 7-8 June, the sustainable fashion event convened over 900 leaders from brands, retailers, NGOs, policy, manufacturers, and innovators to drive urgent … Read more
Gianfilippo Testa succeeds Emmanuel Gintzburger as Alexander McQueen’s CEO. Gianfilippo Testa appointed CEO of Kering-owned Alexander McQueen. Kering announced the appointment of Gianfilippo Testa as CEO of Alexander McQueen, effective May, 2022. He will report to François-Henri Pinault, the French businessman, the chairman and CEO of Kering since 2005, and president of Groupe Artémis since 2003. Under Pinault’s leadership, the … Read more
Kering announces the sale of Girard-Perregaux and Ulysse Nardin to their management. Kering is selling its entire stake (100%) in Sowind Group SA, which owns the Swiss watch manufacturers Girard-Perregaux and Ulysse Nardin, to its current management. A global Luxury group, Kering manages the development of a series of renowned luxury Houses in Fashion, Leather … Read more
Kering acquires family-owned Danish luxury eyewear company. Kering Eyewear acquires the Danish luxury eyewear brand Lindberg, a family-owned Danish eyewear company, renowned and awarded for its exceptional titanium optical frames, design, innovative and patented technology and impeccable craftsmanship. According to Kering luxury group, the high-end brand has a unique positioning and solid growth … Read more
Gucci retains the top position as Italy’s most valuable brand for the third year. Despite a turbulent year, and the threat of a lasting economic recession, the Kantar BrandZ Most Valuable Italian Brands ranking has risen by 11%, to reach a total brand value of $114.6 billion. Gucci retains the top position as … Read more