Fashion
Demna Revisits Palazzo Gucci
FLORENCE — Palazzo Gucci officially opens Monday, revisited through the lens of artistic director Demna and defining a new chapter for the…
Tag
Kering
Business
Luxury Shares Fall, and Business Will Suffer from Renewed Conflict in the Middle East
LONDON – Luxury stocks took a hit on Monday morning and are set to come under even more pressure, while consumer confidence will be dented…
Business
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant L’Oréal is selling at least 1.5 billion euros…
Business
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and…
Business
Kering agrees to sell beauty division to L’Oreal in partnership
Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with chief executive Luca de Meo…
Business
L’Oréal and Kering Enter Into Joint Beauty Venture
Kering and L’Oréal have made it official: The two French giants said Sunday that they are forming a long-term strategic partnership in…
Business
L’Oréal Acquiring Kering Beauty Would Be a Game-Changer
L’Oréal’s possible acquisition of Kering Beauty could cause a seismic beauty industry shift. The Wall Street Journal reported on Saturday…
Fashion
Troubled Gucci gets new CEO as Luca de Meo takes over Kering
KERING appointed Francesca Bellettini as the new head of its troubled Gucci label on Wednesday as Luca de Meo took over the reins of the…
News
Kering Confirms Data Breach
PARIS — Kering is the latest luxury group to be targeted by hackers. The French conglomerate on Monday confirmed it was the victim of a…
Fashion
Gucci owner Kering gets more time to buy the rest of Valentino
Kering is getting more time to exercise an option to buy the rest of the fashion house Valentino, as the French group focuses on reducing…
Business
Kering Shareholders Approve Appointment of New CEO Luca de Meo
PARIS — Kering shareholders on Tuesday approved the appointment of Luca de Meo as chief executive officer, clearing the way for the…
Business
Michael Kors Returns to ‘Project Runway’ as a Guest Judge, Plus Talking About the Steep Decline in Luxury Sales and Marc Jacobs Up for Sale for $1 Billion
In the latest “Savage Fashion” podcast episode, WWD’s chief content officer Jim Fallon and fashion director Alex Badia sat down with…
Unsorted
Kering Foundation Sets Date for Fourth Annual ‘Caring for Women’ Dinner in New York
The Kering Foundation is returning to The Pool for its fourth annual Caring for Women dinner. The foundation will host the VIP event,…
Business
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its…
Business
CEO TALKS: Kering’s Francesca Bellettini
Earlier this year, Kering quietly changed its corporate tag line from “Empowering Imagination” to “Creativity Is Our Legacy.” The new…
Fashion
Gucci owner Kering turns to Renault CEO in turnaround bid
Kering is set to name the chief executive officer of Renault as its next CEO, looking to an Italian manager who’s turned around the French…
Business
Could Kering’s New CEO Come From the Auto Sector?
Could Kering recruit an executive from the automobile industry to lead its turnaround? The French luxury group declined all comment Sunday…
Business
Kering Eyewear Acquires Italian Manufacturer Lenti
MILAN – Kering Eyewear is further expanding its industrial footprint. On Tuesday, the Italian eyewear group said it is acquiring Italian…
Business
Kering Eyewear Partners With Google to Develop AI-powered Smart Glasses With Android XR
MILAN — In a major new development for Kering Eyewear, the company revealed on Tuesday that it has inked a partnership with Google for the…
Business
French Start-up Faircraft Acquires IP, Patents as Kering-backed VitroLabs Shuts Down
PARIS — French lab-grown leather company Faircraft has acquired the strategic assets of U.S.-based VitroLabs. VitroLabs, which raised $46…
Business
Kering ‘Fully Mobilized’ to Fix Gucci, CEO Tells Shareholders
Shares in Kering dipped 1 percent on Thursday, a day after the French luxury group reported a 14 percent decline in first-quarter…
Fashion
Kering Sales Fell 14% in Q1, Dragged Down by Continued Weakness at Gucci
Kering reported revenues fell 14 percent to 3.88 billion euros in the first quarter of 2025, dragged down by low store traffic and weak…
Business
LVMH Shares Slip 8.2% After Q1 Sales Miss
PARIS — Shares in LVMH Moët Hennessy Louis Vuitton fell 8.2 percent in early trading Tuesday on the Paris bourse as investors reacted to…
Culture
Kering Marks a Decade of Women in Motion at Paris Headquarters
PARIS – Kering will celebrate 10 years of Women in Motion at the upcoming Cannes Film Festival in May. To mark the decade, the fashion…