Kering rolls out sustainable fashion course in China
In partnership with Institut Français de la Mode, the French luxury conglomerate is promoting environmental literacy at Tsinghua University in Beijing.
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Sales growth at Kering slips 4pc in 2023
The French luxury conglomerate’s latest report follows a recent pattern of mixed performances.
Kering receives triple ‘A’ rating from Carbon Disclosure Project
The Swiss luxury conglomerate is the only prestige group to earn the nonprofit’s top score this year.
Kering obtains retail base on Fifth Avenue for nearly $1B
The French luxury conglomerate has acquired three levels of the 28-story Corning Glass Building.
Third quarter revenues down 13pc at Kering
The French luxury conglomerate’s apparel and leather goods houses, namely Italian fashion label Gucci, its highest-grossing brand, were hit hardest.
Kering Foundation renews commitment to combating gender-based violence
The Kering Foundation has played an active role in the fight for women’s safety and well-being since 2008, now announcing the addition of children to this scope.
Kering’s François-Henri Pinault finalizes acquisition of talent agency CAA
The deal, said to be worth $7 billion, will be pursued through a family trust that operates separately from the French conglomerate.
Kering Eyewear donates to Hawaii wildfire relief efforts
The parent company’s eyewear arm has donated to the Hawaii Community Foundation’s Maui Strong Fund, providing immediate support to the town of Lahaina, home to U.S. sunglasses brand Maui Jim’s offices.
Kering rounds out recent leadership shifts with CFO appointment
The French luxury conglomerate’s current director of corporate finance, treasury and insurance Armelle Poulou will step into the executive slot effective Sept. 1, 2023.
Kering strikes deal for 30pc stake in Valentino, releases H1 earnings
For the period ended June 30, 2023, the conglomerate brought in revenues of 10.1 billion euros — $11.1 billion at current exchange — representing a 2 percent year-over-year increase.