Browsing Tag
Kering
10 posts
Kering plunges 16% as Gucci sales fall 6%. Can 125 store closures fix the brand?
Kering suffered its worst-ever one-day share-price decline after Gucci remained in contraction during the third quarter, intensifying pressure on Chief Executive Officer Luca de Meo to prove that product changes, pricing adjustments and faster store closures can rebuild the luxury groupās most important brand.
Gucciās āMade in Chinaā sneakers test luxury pricing as Kering rebuilds flagship
Gucci has begun selling two sneaker designs labelled āMade in China,ā an unusual departure from the Italian manufacturing identity attached to most of the luxury houseās footwear. Parent company Kering says specialized Chinese manufacturing was selected for technical reasons and that Italy remains central to Gucciās production model.
Coty (NYSE: COTY) transfers Gucci Beauty license to Kering for $400m
Coty transfers Gucci Beauty license back to Kering for $400 million, one year early. L'OrƩal takes over in 2027 under 50-year alliance. COTY debt paydown ahead.
Will Keringās $4bn beauty divestment to LāOrĆ©al revive Gucciās fortunes and reshape luxury competition?
Find out how Keringās $4 billion beauty sale to LāOrĆ©al could reshape the luxury landscape and redefine the future of high-end fragrances.
How Celineās K-pop success and Diorās celebrity power are changing what investors look for in luxury stocks
Discover how luxury investors are valuing fandom economics ā and what Celine, Dior, and Pradaās celebrity-driven strategies reveal about the future of brand equity.
Secondsense raises $2M to define the operating system for secondhand luxury and empower shoppers with price transparency
Secondsense raises $2M to bring AI-powered price transparency to luxury resale. Find out how it is redefining secondhand shopping today.
Prada wins EU approval to take over Versace in ā¬1.25bn fashion shakeup
Prada secures EU approval for its ā¬1.25B Versace takeover, creating an Italian luxury powerhouse. Find out what this means for fashionās future.
Saks Global weighs $1bn Bergdorf Goodman stake sale: Is luxury retail entering an era of asset monetization?
Saks Global may sell 49% of Bergdorf Goodman for $1B. Explore why this move matters for investors, luxury retail strategy, and market sentiment.
Kering to acquire 30% stake in luxury fashion brand Valentino for ā¬1.7bn
Kering, a leading player in the global luxury sector, has inked a deal with Mayhoola, an investment entity…
Kering sells 6% stake in sportswear manufacturer Puma for ā¬655m
French luxury goods company Kering has divested a stake of around 5.9% in German sportswear manufacturer Puma for…