Revenue at Gucci, Kering’s biggest brand, dips 20pc in H1
The French luxury conglomerate’s recurring operating income is down 42 percent year-on-year.
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Kering Americas gains new president
Ewa Abrams, general counsel for the French luxury conglomerate’s U.S. division, takes up the role on Aug. 1, 2024.
Kering appoints first chief brand officer
Laurent Claquin is transitioning out of his current Americas president role to run communications groupwide.
Kering sponsors academic research on corporate climate strategies
The French luxury conglomerate is partnering with the National University of Singapore (NUS) Business School on a three-year project.
Kering rocked by 11pc sales dip in Q1
The French luxury conglomerate’s financial losses are attributed to its underperformance in Asia, as well as Italian fashion label Gucci’s declining sales.
Kering announces 2024 Women in Motion Award recipient
The French luxury conglomerate will celebrate NBCUniversal Studio Group chair Donna Langley at a ceremony taking place in Cannes, France next month.
Kering acquires historic building in Milan for $1.4B
The French luxury conglomerate has signed for a site at Via Montenapoleone 8 that dates back to the 18th century.
Kering boosts photography in Kyoto for Women in Motion
The French luxury conglomerate is backing an exhibition at the Japanese city’s Kyocera Museum of Art from April 13 to May 12, 2024.
Kering issues profit warning as Gucci sales drop
Ahead of the April release date for its Q1 earnings, the French luxury conglomerate’s shares are slipping steadily.
Green graduate program from Kering hits London College of Fashion
The rollout coincides with the 10th anniversary of the French luxury conglomerate’s partnership with the school’s Center for Sustainable Fashion.