LVMH came first on Deloitte’s annual list of the world’s largest luxury goods companies once more, followed by Estée Lauder and Richemont. Kering and Luxottica switched places, wi

The pillars of the French fashion industry, indeed global industry, have pledged financial support for the rebuilding of the Notre Dame cathedral, which was ravaged by fire on Monday evening. A keen

What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 16th week of the year. Below are the main points from the editorial a

Kering has announced the completion of the sale of its US sports and lifestyle brand Volcom. The company said in a statement that the US company, Authentic Brands Group (ABG), has purchased the intel

French luxury group Kering has opened its new headquarters in Milan, a 11,000 square meter space located not far from the Gucci Hub, its star business. The nine storey tower will cement the company&r

Gucci has announced a new initiative to bolster inclusivity with a new fund. The Kering-owned brand has launched Gucci Changemakers, a global program that supports industry change and fosters unity t

French luxury conglomerate Kering has relaunched its corporate website, embracing magazine styling with photogenic content. The aim of the site is to be the digital showcase for Kering's brand portfo

After last week's controversy over its high-necked balaclava sweater that evoked blackface imagery, Gucci is taking measures to ensure a similar mistake does not happen again. Both CEO Marco Bizzarri

A career in fashion and e-commerce is just as exciting as ever. Because of this, the ever-changing fashion industry continues to attract top talent from many industries. Wondering which fashion compa

French luxury group Kering still has plenty of spring in its step despite cutting loose sneaker brand Puma, with Gucci grabbing the financial glamour with a profit margin nearing 40 percent. Wit

According to the Italian tax authorities, luxury fashion group Kering owes the country an estimated 1.4 billion euros from the period between 2011 and 2017. An audit report was delivered today and st

Luxury French conglomerate Kering has been named the most sustainable company in the luxury and fashion industry and the second most sustainable company in the world across all industries, according

International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But that isn't necessarily bad news. In a report titled Expecting the Unexpecte

Balenciaga is kicking off the new year with the launch of an eyewear collection, available exclusively at Dover Street Market stores in the US, UK, Japan, Singapore and China, as well as on Dover Str

Kering has announced that the company’s board of directors has decided to co-opt Financière Pinault, represented by Héloïse Temple-Boyer, as the replacement for Patricia Barb

Kering wants to boost Chinese startups with the potential to bring a positive environmental and social impact to the apparel and textile industries. Together with startup accelerator Plug and Play, t

Kering is working towards advancing its sustainable measures. The global luxury group, which encompasses brands including Gucci, Saint Laurent and Balenciaga, has become a frontier founder in a new i

Gucci will start selling fine jewelry from June or July next year, Kering’s CEO François-Henri Pinault told French newspaper Le Figaro in an interview published today. Set to be made in

When it comes to gender equality on the board of directors, luxury conglomerate Kering is setting an example. Non-profit organizations European Women on Boards and Ethics & Boards ranked Europe&r

Luxury conglomerate Kering has announced it will fully internalize its e-commerce websites by the first half of 2020, putting an end to a seven-year joint venture with Yoox Net-a-Porter (YNAP), which

Luxury brands are taking vertical ownership of their supply chains to ensure longevity, sustainability, artistry and reduce risk. After all, what better way to ensure a designer's collections are del

For many burgeoning brands, being a member of a luxury group is the key to growth and longevity. Luxury conglomerates like Kering, LVMH and Richemont have the prowess and investment acumen to set up

The board of directors of Kering unanimously nominated Ginevra Elkann as the replacement for Laurence Boone, who resigned her directorship following her appointment as chief economist of the OECD. Th

Global luxury group Kering has announced plans to repurchase up to one percent of its share capital over a 12-month period. The group has signed a share buyback agreement with an investment service p

Kering said, its revenues in the third quarter of 2018, increased 27.6 percent as reported and 27.5 percent on a comparable basis to 3,402 million euros (3,903 million dollars), while Revenues at Guc

Luxury group Kering is kicking off its new supply chain transparency initiative by introducing a new cotton that is 100 percent scientifically traceable. The move comes in partnership with Albini Gro

New York - The world’s largest luxury goods group, LVMH, reported a 10 percent increase in revenues for its third quarter. Despite the positive update, the French group’s stock dipped. Wh

On September 24, Kering announced that its shares entered the Euro Stoxx 50 Index, one of the major indexes of listed shares of the euro area. The Euro Stoxx 50 comprises the 50 largest listed stocks

Kering has announced the appointment of Jinqing Cai as President of Kering Greater China, starting from September 10, 2018. The company said, her mission will be to reinforce the visibility of Kering

Consolidated revenue for the first half of 2018, Kering said in a statement, amounted to 6,431.9 million euros (7,490 million dollars), up 26.8 percent reported and 33.9 percent based on a comparable