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
The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH luxury holding, which owns Sephora and operated stores in 34 cities in Russia. Sephora enters into an agreement for the sale of 100% … Read more
Musée des Arts Décoratifs in Paris revisits the Elsa Schiaparelli’s extraordinary work. From July 6th, 2022, to January 22nd, 2023, the Musée des Arts Décoratifs in Paris celebrates the bold and exciting creations of Italian couturière Elsa Schiaparelli (b. September 10th, 1890, Rome – d. November 13th, 1973, Paris), who drew much of her inspiration … Read more
Over $19 million was raised for amfAR’s HIV/AIDS research programs at 2022 amfAR Gala Cannes, at the fabled Hôtel du Cap-Eden-Roc. Legendary actor, director and producer, Robert De Niro, was the guest of honor at the event. The black-tie evening included a dinner, a live auction of luxury one-of-a kind items and contemporary art, a … Read more
How investors are creating value by helping forests, wetlands, and grasslands flourish. Natural climate solutions (NCS) include forests, grasslands, and wetlands that can either sequester carbon or, through preservation, prevent its release. NCS also represent a new source of potential growth for investors, say Bain & Company experts. Natural climate solutions (NCS) will play an … 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