Despite disruption in Hong Kong, Kering recorded a positive Q3 with revenue up by 14%, driven by strong performances by Gucci, Bottega Veneta and Saint Laurent, as the luxury group’s share price soared last Friday.
The Italian executive, who joined the luxury house in 2015, has occupied the position of executive vice president for merchandising and global markets since 2018, playing a central role at the company.
Sales growth at Kering slowed slightly in the third quarter, in line with expectations, as the luxury group offset some of the hit from turmoil in Hong Kong with strong spending by shoppers in other Asian markets.
The company set up from scratch in 2014 by luxury group Kering, the industry’s first to internalise its eyewear business, is about to top the €500 million revenue mark, and says it isn’t interested in Safilo.
The luxury giant has appointed Kalpana Bagamane Denzel as chief diversity, inclusion and talent officer. She held the same role at Russell Reynolds Associates, and reports to Béatrice Lazat, Kering’s HR director.
In an era obsessed with sustainability, few designers and brands appear better placed to profit from and lead this movement than Stella McCartney, who staged her latest runway show in Paris on a sunny Monday morning.
Saint Laurent’s models on Tuesday paraded down a runway filled with dozens of projector lights against the backdrop of the Eiffel Tower to showcase the French label’s collection for Paris Fashion Week.
LVMH unveiled a major new plan on the environment Wednesday, guided by Antoine Arnault. Here, FashionNetwork.com discusses with Antoine all things LVMH, handling multiple jobs and his views on Greta Thunberg.