Kering luxury group reports good performance in the first quarter of the year. The luxury group announced it has delivered remarkable growth in consolidated revenue in the first quarter of 2019, up 21.9% as reported and 17.5% on a comparable basis to €3,785.3 million. Online sales continued to climb, and revenue from the wholesale … Read more
Volcom, the skate, swim, and snowboarding lifestyle brand that creates durable, stylish clothing and accessories, was sold to Authentic Brands Group (ABG). Kering luxury group, the owner of some of the biggest luxury powerhouses such as Gucci, Saint Laurent, Bottega Veneta, and Ulysse Nardin, sold its US sports and lifestyle brand Volcom. The lifestyle … Read more
2018 was an excellent year for Kering and its Houses especially for Gucci and Saint Laurent. The luxury group also announced a strong momentum at Kering’s Other Houses (up 32.1% on a comparable basis), powered by Balenciaga and Alexander McQueen. Consolidated 2018 revenue amounted to €13,665.2 million, up 26.3% as reported and 29.4% on a … Read more
Daniel Lee enters Kering luxury group as Creative Director of Bottega Veneta “The singularity of Daniel Lee’s fashion vision inspired by a very personal creative approach” convinced French businessman and the chairman of Kering luxury group, François-Henri Pinault, to open a new chapter in the history of Bottega Veneta. The luxury house, part of Kering … Read more
Designer takes control of brand she founded 17 years ago in joint venture with luxury goods group
Always dreamt of learning luxury fashion and sustainability? London College of Fashion x Kering offer the world’s first open-access digital course in luxury fashion and sustainability. Every season there is an increase in designer brands at Fashion Weeks around the globe adhering to sustainable principles within their businesses and in turn promoting and contributing to positive … Read more