Kering shares fall 4% after sales drop, dragging down luxury sector
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury stocks, after the company reported …
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Kering buys 30% of Italy’s Valentino as Gucci sales lag
By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) -French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on …
Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday, citing …
Kering confirms departure of Gucci creative director Alessandro Michele
PARIS (Reuters) – French luxury goods company Kering confirmed on Wednesday the departure of Gucci creative director Alessandro Michele. “There are times when paths part …
Kering shares up on report company seeks to buy Tom Ford
By Mimosa Spencer PARIS (Reuters) – Shares in Gucci-owner Kering rose in early Friday trading following a report the French luxury goods company is in …
Gucci owner Kering in advanced talks to buy Tom Ford – WSJ
(Reuters) -French luxury group Kering is in advanced discussions to buy fashion brand Tom Ford, the Wall Street Journal reported on Thursday, citing people familiar …
We need to talk about Gucci: Kering sets plan to boost brand in China
By Mimosa Spencer and Casey Hall PARIS/SHANGHAI – Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight …
Kering names Gianfilippo Testa as CEO of Alexander McQueen
PARIS – French luxury goods company Kering named Gianfilippo Testa on Monday as the new CEO of Alexander McQueen, tapping an executive from its star …
Kering boosts eyewear division with Maui Jim label
By Mimosa Spencer PARIS – Gucci owner Kering is bolstering its high-end eyewear division with a deal to buy U.S.-based label Maui Jim, the French …
Kering buys U.S. high-end eyewar brand Maui Jim
PARIS – French luxury group Kering said on Monday its Kering Eyewear division had signed an agreement to acquire U.S. high-end sunglass maker Maui Jim, …
Paris, London, Tokyo and now Atlanta: Kering eyes U.S. expansion
PARIS – French luxury group and Gucci owner Kering is eyeing second- and third-tier cities for possible store expansion in the United States, where its …