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

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

François Pianult’s third cultural project in Venice

Teatrino at Palazzo Grassi by Tadao Ando. A contemporary arts centre inside an eighteenth-century palace in Venice.     After the restoration of Palazzo Grassi in 2006, followed by that of Punta della Dogana in 2009, the rehabilitation of the Teatrino in 2013 marks the third step of French luxury goods magnate François Pinault’s cultural project … Read more

Chinese luxury jeweller Qeelin joining PPR’s portfolio

PPR acquires a majority stake in the Chinese fine jewellery brand Qeelin PPR group is increasing its portfolio of luxury brands in the jewellery segment and its presence on the Chinese market by acquiring a majority stake in the Chinese fine jewellery brand Qeelin. The transaction should be finalized in January 2013. Launched in 2004, … Read more