Kering is quietly sketching out its next luxury chapter, and the latest announcements draw a clear picture: heavier bets on jewelry, deeper roots in sustainability and innovation, tighter control of the value chain, and sharper financial discipline on prime real estate. At the same time, there’s a sensitive leadership transition underway at Bottega Veneta. The … Read more
Kering luxury group, the parent company for Gucci, Saint Laurent, and Balenciaga, Creates Luxury Beauty Division. A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry : Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. … Read more
The practices and achievements of these eight luxury brands under Kering Group’s umbrella inspire discussion and promote development of the full-link circular economy in the fashion industry. Kering, one of the biggest luxury group, together with global innovation platform Plug and Play China, announced the third edition of the Kering Generation Award in Greater China … Read more
A Net Zero and nature-positive economy requires huge amounts of capital and the ambitious contribution of corporates is essential to achieve this transition. Kering and L’OCCITANE Group join forces to finance nature protection at scale with the Climate Fund for Nature. At the 15th Conference of Parties (COP) of the Convention on Biological Diversity (Montréal), … Read more
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
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