Kering’s dim profits brightened by luxury gains
Kering’s profits plummeted and its debt rose in 2013, but the conglomerate’s luxury restructuring has already begun to pay off.
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Luxury Daily, February 24, 2014 – Kering’s dim profits brightened by luxury gains
Kering brings French fashion film festival to US audience
French luxury conglomerate Kering is showcasing its artistic side by co-hosting the first United States event for A Shaded View on Fashion Film with the French Institute Alliance Française in New York.
Chloé, Chanel, art market and Kering – News briefs
Today in luxury marketing – Chloé founder awarded the Legion of Honor; Chanel goes bigger in Boston; Art market news: Big tickets up for grabs in two major sales; Kering mail order unit attracts management offer.
Qatar, Kering, Daimler and Rolls-Royce – News briefs
Today in luxury marketing – Qatar: fastest-growing luxury market; Kering takes stake in Tomas Maier brand; Daimler seeks to revive China operations with Beijing auto deal; Rolls-Royce voted best British luxury brand.
Tod’s, Kering, Versace and Roberto Cavalli – News briefs
Today in luxury marketing – Tod’s profits slip; French retailer issues profit warning; Is Versace to be Lady Gaga’s fashion savior?; Roberto Cavalli to open Miami restaurant in time for Art Basel.
Dolce & Gabbana, Kering, luxury phones and art sales – News briefs
Today in luxury marketing – Dolce & Gabbana file appeal; Kering favours La Redoute buyer committed to keep firm going; Luxury phones try to get smart; Art sales: late rally recalls the boom years in New York.
Chanel, Tata, Kering and London – News briefs
Today in luxury marketing – Come fly with Chanel; Tata’s JLR unit targets ultra-rich; Kering eyes job cuts at La Redoute in sale effort; Excitement builds for Asian art fair.
Giorgio Armani, Kering, Prada and Daimler – News briefs
Today in luxury marketing – Giorgio Armani Day in New York; Kering third-quarter sales trail estimates as Gucci disappoints; Prada journal winners announced; Rejuvenated Daimler beats expectations.
Kering, Mercedes-Benz, luxury stocks and China – News briefs
Today in luxury marketing – Kering ready to inject $411M in La Redoute-sources; Mercedes US chief: we’ll beat BMW, no fire sale; Luxury stocks lose favor as confidence holds: EcoPulse; The next big thing: Atlantis arrives in China.