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.
On Wednesday, Kering announced the issue of €500 million worth of bonds, maturing in 2022, that are exchangeable for Puma shares, a further step in its exit from the German sport group, which began in 2018.
Shortly after Kering announced that Gucci is now carbon-neutral, the luxe group said Tuesday that the entire organisation is set to become carbon-neutral too within its own operations and across the entire supply chain.
Surging demand in Asia and especially mainland China helped Birkin handbag maker Hermes post better-than-expected sales growth for the second quarter, in an encouraging signal for some of its major luxury goods rivals.