Kering

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Luxury fortunes lose $58 billion as pandemic era splurge ends
Retail

Luxury fortunes lose $58 billion as pandemic era splurge ends

By Tara Patel and Bloomberg
October 28, 2024
Kering elevates ex-Louis Vuitton executive to top Gucci role
Retail

Kering elevates ex-Louis Vuitton executive to top Gucci role

By Angelina Rascouet and Bloomberg
October 9, 2024
Bernard Arnault smiles to his right and is in front of a pink background.
Leadership

LVMH CEO and world’s richest man Bernard Arnault reveals what motivates him to work 12-hour-plus days, even at 75: ‘Every morning I have fun when I arrive’

By
June 26, 2024
Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’
Finance

Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’

By Shirley Zhao and Bloomberg
June 14, 2024
Golden Goose CEO Silvio Campara is wearing a black shirt and gesturing with both hands as he speaks.
Finance

Gen Z sneaker brand with $740 ‘dirty’ shoes counts Taylor Swift as a fan—and is eyeing a $3.3 billion valuation

By
May 28, 2024
French fashion brand Hermes store seen at Hong Kong airport.
Retail

Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers

By Angelina Rascouet and Bloomberg
April 25, 2024
Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value
Finance

Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value

By
April 17, 2024
a man standing with his hands joined
Success

Gucci owner Kering’s Gen Z heir claims his grandfather François Pinault’s seat on Christie’s board in major succession move

By
April 5, 2024
Via Monte Napoleone, known as one of the most expensive streets in the world, has an impressive roster of top-end fashion, jewelry and footwear sales locations.
Retail

Gucci owner Kering splurges $1.4 billion on new Milan store, making it Italy’s most expensive building

By Angelina Rascouet, Antonio Vanuzzo and Bloomberg
April 4, 2024
people shopping at a luxury store
Retail

Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall

By
March 20, 2024
a picture of luxury bags
Retail

The Gen Z and millennial rebellion against full-price luxury is hurting Burberry and Kering, but propping up secondhand marketplaces

By
March 3, 2024
shoppers walking outside a Gucci store
Retail

Gucci-owner Kering is buying up prime property in New York worth nearly $1 billion as luxury slowdown presses on

By
January 23, 2024
Crowds of people walking in a shopping area with a Dior store
Retail

High-end brands like LVMH and Gucci-owner Kering felt the pinch in 2023—but a new type of luxury is gaining a share of consumers’ wallets

By
December 25, 2023
people walking outside a Gucci showroom
Retail

Luxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the ‘roaring 20s’

By
October 25, 2023
Francois-Henri Pinault
Lifestyle

Brad Pitt, Reese Witherspoon, and Steven Spielberg’s agents have a new boss as French billionaire buys Hollywood talent powerhouse CAA

By
September 8, 2023

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