Francois-Henri Pinault

Gucci owner pledges to stop using underage models

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The luxury fashion group Kering, which also owns Balenciaga and Alexander McQueen, makes commitments on model welfare and the environment at the Copenhagen fashion summit

Gucci, Saint Laurent and Other Houses all posted encouraging revenue growth for Kering Luxury Group

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  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

Gucci and Saint Laurent continue to deliver growth for Kering luxury group

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  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

Kering luxury group announces healthy performances, powered by tourist shoppers in Western Europe and Japan

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Kering’s third-quarter 2015 revenue published last week shows sustained 15% growth in the first nine months. Kering posted revenue of €2,895 million in the third quarter of 2015, up 12.0% on the third quarter of 2014 as reported and up 3.1% on a comparable Group structure and exchange rate basis, in line with the 2015 … Read more

34 year-old Demna Gvasalia emerged as the best choice for Balenciaga

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Balenciaga Maison welcomes Demna Gvasalia as artistic director. 34-year-old German national of Georgian origin Demna Gvasalia is the new new artistic director of Balenciaga’s collections, announced Kering luxury Group, Balenciaga’s owner. Demna Gvasalia will take creative responsibility for the brand’s collections and the image of the maison. He will present his first collection for the … Read more