
During the presentation of its annual results, the CEO of the French group discussed his take on the luxury market, the increase in prices, relationships with multi-brand retailers, and the metaverse.
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During the presentation of its annual results, the CEO of the French group discussed his take on the luxury market, the increase in prices, relationships with multi-brand retailers, and the metaverse.
Luxury giant Kering had good news on Thursday, reporting “sharp” annual revenue growth year-on-year and a double-digit rise compared to 2019. Gucci, Saint Laurent, Bottega Veneta and Balenciaga all powered ahead.
French luxury group Kering, Richemont's Cartier, and the Responsible Jewellery Council have teamed up to set environmental targets for watches and jewellery activities, challenging the industry to commit to them too.
Bulgari has opened a strategically placed flagship at the entrance to Place Vendome in Paris, the latest magnum opus by American architect Peter Marino.
Kering’s eyewear business has announced a partnership with Chloé. Kering Eyewear will design, produce, and distribute eyewear for Chloé (Richemont), taking over from its previous partner Marchon Group.
At the presentation of the luxury group's annual results, boss François-Henri Pinault said there is no acquisition on the cards at the moment, the priority being ensuring the growth of Kering's own labels.
Spanish luxury fashion brand Balenciaga is set to enter the Indian market with Reliance Industries’ subsidiary Reliance Brands reportedly opening a brick-and-mortar store soon in Mumbai.
The news published by Bloomberg about a possible takeover of the down jacket label by the French luxury group fuelled plenty of speculations. FashionNetwork.com analyses the operation’s potential impact.
Albert Bensoussan has left Kering’s watches and jewellery division, which he had led for five years, to pursue a personal project. Following his departure, the post of division CEO has been abolished.
Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.