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News briefs

Kering, Gucci, Rolls-Royce and Alrosa

July 29, 2020

Oscar-winning actor and activist Jane Fonda stars in Gucci's campaign for Off The Grid, the Kering-owned label's first line of sustainably made merchandise. Image courtesy of Gucci Gucci accounted for more than $3 billion of Kering’s H1 2020 revenues. Image courtesy of Gucci

 

By Luxury Daily News Service

Luxury Daily’s live news: 

Kering revenues fall to $6.3B, despite exponential ecommerce growth
French luxury group Kering saw its revenues plunge about 30 percent in the first half of 2020 to 5.378 billion euro, or $6.309 billion at current exchange, as fallout continues after the coronavirus pandemic led to widespread store closures and drastically reduced tourism amid global lockdowns.

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