Kering Archives - Inside Retail Asia
French international luxury group Kering has seen positive trading results brought on by stronger-than-expected sales of its Gucci brand. The group is among several luxury houses that have so far managed to ride out interruptions to business caused by 21 weeks of protests in Hong Kong. Kering is following a strategy of redistributing stock originally intended for sale in Hong Kong to…
LVMH has bought a cornerstone share in Stella McCartney House.
Gucci drove a massive boost in luxury group Kering’s sales last year.
French luxury house Kering has launched its first in-house Balenciaga eyewear line at British Dover Street Market stores.
Luxury goods firm Kering has launched a sustainable-innovation award in collaboration with global innovation platform Plug and Play.
Kering sales growth significantly outpaced its rivals during the third quarter, up 27.6 per cent as reported.
Fashion giant Kering’s decision to focus the business on luxury appears to be paying off.
Kering sales rocketed 36.5 per cent in the first quarter of this year, reaching €3.108 billion.
Kering is selling its 50 per cent stake in Stella McCartney back to the namesake designer after a 17-year partnership.
After a 17-year partnership, Kering is selling its half share of Stella McCartney back to the designer.
In a “phenomenal” result, global luxury group Kering’s income reached a new record level last year.
Luxury fashion brand owner Kering says it will sell off the majority of its Puma stake.