Gucci-owner Kering rocked by global luxury sales slowdown
Gucci’s owner reported a fresh slump in sales as the storm clouds hanging over the luxury goods industry continue to darken. Sales at Kering,...
LVMH fashion division sales up 2% in Q1 as luxury growth cools
A luxury slowdown and uncertainty in markets like China and the watches and jewellery category isn’t deterring LVMH from moving full-speed ahead toward a...
Luxury Fashion Has a Problem With Women
On December 7, the Metropolitan Museum of Art’s Costume Institute will open its Women Dressing Women exhibition. Celebrating a century of over 70 female womenswear...
Gucci Gets in the Pink With Valentino
Quiet luxury may be all the rage right now, but Kering SA is sticking to maximalism with its purchase of a 30% stake in Valentino...
Kering Relies on Its New Organisation to Revive Gucci After a Disappointing First Half
With new creative director Sabato de Sarno and the arrival of Jean-François Palus at the helm, Kering wants to give Gucci a boost. The aim is to quickly get its...
Kering Buys 30% of Italy’s Valentino as Gucci Sales Lag
PARIS, July 27 (Reuters) – French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on Thursday it...