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Nov. 23, 2024
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Kering issues bond for $1.3B to firm up finances as COVID-19 takes toll

May 5, 2020

From the YSL archives: Model Kate Moss in Kering brand Saint Laurent. Image credits: Inez and Vinoodh for YSL/Saint Laurent From the YSL archives: Model Kate Moss in Kering brand Saint Laurent. Image credits: Inez and Vinoodh for YSL/Saint Laurent

 

By Luxury Daily News Service

Gucci owner Kering has issued a dual-tranche bond for $1.3 billion to shore up its liquidity position as the French conglomerate’s global operations face stalled operations bar ecommerce.

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  1. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
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  3. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  4. The Ritz Carlton, Missoni launch beach club in Bali
  5. Dior goes for gold with flashy J'adore campaign
  6. Bentley renovates countryside estate in Cheshire
  7. ‘Copy Nothing’ campaign defines next era at Jaguar
  8. Ginori 1735, St. Regis Hotels partner to scale branded cafe concept
  9. How Raoul Shah, a peripatetic agency exec, collected 500-plus “Do Not Disturb” door signs and begat a tome
  10. Announcing Luxury Daily Awards 2020
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