Today in luxury marketing: Kering says overhauling Gucci is priority this year; Richemont profit slumps as weak Euro triggers accounting losses; Fern Mallis’ fashion icon book celebrated at Saks; European shares depressed by earnings, luxury proves a drag.
Luxury Daily’s live news from April 21 – Kering Q1 group revenue up 11pc; WWRD, Jaguar measure progress in responsibility with global rankings; De Beers captures bridal emotions through modeled campaign; Sentient Jet spurs new membership with spring promotion.
Luxury conglomerate Kering’s luxury activities saw a 10.9 percent increase in revenue for the first quarter.
NEW YORK – Rather than being a constraint, sustainability is an opportunity for companies to create value for their stakeholders, said the CEO of Kering at Parsons The New School for Design’s “Kering Talk: Why Sustainable Fashion is Smart Business?” on April 2.
French luxury conglomerate Kering is doing its part to promote sustainability by partnering with a new technology company to develop innovative strategies for recycling fabric.
French luxury conglomerate Kering is exploring women’s contributions to film through a new initiative at the Festival de Cannes.
Today in luxury marketing – Greek impasse drags Europe’s markets down; Kering sees first fruits of Gucci’s revamp later this year; Lagerfeld owners assert: It’s not for sale; It’s Silicon Valley vs. Motor City.
French luxury conglomerate Kering’s corporate foundation is extending the impact of its female-focused efforts with a new charter between the company’s United Kingdom brands and non-governmental agency Women’s Aid.
