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
Capri Holdings Limited Appoints Emmanuel Gintzburger as CEO of Versace. Global fashion luxury group Capri Holdings Limited, Versace’s parent company, announced the appointment of Emmanuel Gintzburger as Chief Executive Officer of Versace effective September 12, 2022. Gintzburger will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. Gintzburger joins Versace from … 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
The Museum at FIT, The Most Fashionable Museum in New York City, presents Reinvention and Restlessness: Fashion in the Nineties, an exhibition centered on a decade that not only heralded the end of a century but the end of a millennium. With concepts ranging from minimalism to the revitalization of luxury design houses, the 1990s … 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
The pandemic is far from over, but consumers were in a very different mindset in the second quarter compared to the same period in 2020. According to The Lyst Index, a quarterly ranking of fashion’s hottest brands and products, searches for dresses increased 371%, sunglasses 198% and beachwear 192%, as the TSA reported the … Read more