Kering sees stable growth in the first half of 2022
French luxury conglomerate Kering has reported group revenue of $9.9 billion for the first half of 2022, up 23 percent from last year.
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Richemont, Kering jewelry initiative names executive director
The Watch and Jewelry Initiative 2030, a joint sustainability project by luxury groups Richemont, Cartier and Kering, has appointed Iris Van der Veken as executive director and secretary general.
LVMH, Kering, Marie Claire, David Yurman and Secoo
Luxury Daily’s live news: LVMH announces 2022 Innovation Award winners; Kering, Marie Claire launch responsible fashion campaign; David Yurman welcomes first chief of people and strategy; Secoo debuts Black Card service for high-end clients.
Day’s wrap: LVMH, Kering, Marie Claire, David Yurman and Secoo
Luxury Daily’s live news: LVMH announces 2022 Innovation Award winners; Kering, Marie Claire launch responsible fashion campaign; David Yurman welcomes first chief of people and strategy; Secoo debuts Black Card service for high-end clients.
Kering, Marie Claire launch responsible fashion campaign
French luxury conglomerate Kering is collaborating with women’s fashion magazine and media brand Marie Claire on a global initiative centered on responsible fashion.
Gucci could be Kering’s greatest strength and liability in China
According to Barclays estimates, China accounts for around 35 percent of Gucci’s annual sales, compared to 27 percent of fashion and leather goods sales for LVMH and 26 percent for Hermès.
LVMH, Kering, Hermès and Mandarin Oriental
Luxury Daily’s live news: LVMH reveals Prize for Young Fashion Designers winner; Kering returns as sponsor of sustainable music festival; Hermès highlights its heritage with new Qatari store, exhibit; Mandarin Oriental to expand branded residences to Caribbean.
Day’s wrap: LVMH, Kering, Hermès and Mandarin Oriental
Luxury Daily’s live news: LVMH reveals Prize for Young Fashion Designers winner; Kering returns as sponsor of sustainable music festival; Hermès highlights its heritage with new Qatari store, exhibit; Mandarin Oriental to expand branded residences to Caribbean.
Kering returns as sponsor of sustainable music festival
French luxury conglomerate Kering is renewing its support for We Love Green, an environmentally friendly music festival.
LVMH, Hermès and Kering suffer from China’s COVID-19 clampdown
Fears over China’s COVID-19 resurgence, as well as factors such as Russia’s war against Ukraine and rising inflation, are spooking investors.