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The Latest Breaking News from Kering

Fashion's bloody secret: How luxury fell back in love with real fur and crocodile skins

Despite the bans and the rise of faux fur, it looks like fashion is falling in love with the real thing all over again

Evening Standard

Popular retailer flags major trend that could save luxury fashion

A new trend has risen in popularity, and its influence might be the luxury fashion market's last resort.

The Street

China’s wealthy shoppers have adopted a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

Fortune

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Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’

“Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri Pinault said.

Fortune

Gucci Owner Kering's Annual Profit Plunges

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.

International Business Times

Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?

Turning Gucci around is crucial to Kering as it “can no longer afford to get it wrong,” an expert told Fortune.

Fortune

Gucci Dumps Design Chief After Revenue Plunges 25%

Gucci's parent company, Kering, announced on February 6th that creative director Sabato De Sarno will depart after less than two years in the role.

International Business Times

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Gucci Ousts Chief Designer De Sarno After Sales Slump

Luxury giant Gucci announced Thursday it was parting ways with its chief designer Sabato De Sarno following a sales slump, in the latest shakeup at a major European label.

International Business Times

How ‘dupes’, fast fashion and China’s economic slowdown spell disaster for the luxury sector

Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by the sector’s main conglomerates painted a picture of slowdown and some signs of exhaustion during the last quarter of 2024.

The Conversation

Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here's what Bank of America expects will shape luxury in 2025

“We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America analysts said.

Fortune

Gucci will need to make a comeback under its new CEO—and it won't be the first time for the languishing Italian luxury brand

Revenues at Gucci, Kering's biggest money maker, plunged 26% in the third quarter as a prolonged sales slump continues.

Fortune

Louise Trotter is Bottega Veneta's new Creative Director - here's why Bottega fans should be excited

The British designer will take over from Matthieu Blazy in January

Marie Claire

Wooing the luxury consumer

‘Tis the season for luxury retail but giants like LVMH and Kering have been struggling while brands like The Row and Hermès continue to do well.

Fortune

Luxury Brands Shine At Notre Dame Reopening Ceremony

The reopening of Notre Dame in Paris after the 2019 fire showcased a blend of cultural renewal and luxury branding, sparking controversy over the presence ...

Top News

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The Independent UK

Notre Dame Cathedral's reopening spectacle capped a stellar year for luxury house LVMH

The reopening of Notre Dame was a solemn celebration of cultural and spiritual renewal

Marie Claire

Bottega Veneta and Chanel Unveil New Creative Directors—One Who's a Historic Choice

Louise Trotter is the first female creative director of the house since the 1980s.

The Independent UK

Louise Trotter is named creative director of Bottega Veneta, as Matthieu Blazy moves on

Kering has announced that Louise Trotter has been named creative director of the Bottega Veneta fashion house

Fortune

5 investing trends for 2025—and 15 stocks to help you bet on them

How to play AI, luxury goods, defense, and more. (And while you're at it: Buy gold.)

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news in one place.

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Fortune

50 million people have stopped buying luxury brands like Dior and Burberry after 'broken promises' to customers

“A fabulous ice cream sundae is boring by the time you have it the fifth time,” a retail analyst told Fortune.

International Business Times

Burberry Launches Turnaround Plan As Posts Loss

Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury sector pressured by weak Chinese demand.

The Independent UK

Salma Hayek never signed prenup with husband François-Henri Pinault, who’s worth over $20bn

François-Henri Pinault, who married Hayak in 2009, is the billionaire CEO of luxury group Kering

BANG Premier

Salma Hayek feels 'pressure' to make money

Actress Salma Hayek has admitted she feels "pressure" to make money despite being married to billionaire businessman Francois-Henri Pinault - revealing she likes to make her own living.

The Guardian - UK

Fashion experts raise concern about return to ‘extremely thin models’

Data shows reverse in trend towards inclusivity with 95% of looks in 208 recent shows modelled by size-zero women

The Street

Gap unveils latest luxury fashion collaboration

The retail store chain targets luxury apparel market with a new partner.

The Street

FTC trial against $8.5 billion U.S. luxury merger heats up

Two U.S. luxury houses and the FTC are set to battle in court to reach a final decision that will change the market.

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