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Things aren't looking great at Gucci, and Kering says its APAC slump is to blame

The Italian luxury brand saw a 25% drop in quarterly revenue as compared to a year before.

Aditi Bharade   


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1 min read

Puma to Gucci: Exploring brands in the luxury giant Kering’s portfolio

Puma to Gucci: Exploring brands in the luxury giant Kering’s portfolio

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Gucci sales hit by Asia slump, faces profit and stock decline

Gucci, Kering's largest brand, saw an 18% decline in revenue in the first quarter.

Meghan Morris   


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A luxury buying spree is sending shares of companies like Gucci owner Kering and Hermes soaring

Kering and Hermes are up 17% and 23% year-to-date, partly on optimism surrounding China's economic …

Morgan Chittum   


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Dark, dramatic looks took over the red carpet at the Kering Women in Motion Awards. See the best black outfits from the event at Cannes.

Michelle Yeoh, Anok Yai, and Alexa Chung wore chic black looks to the Kering Women in Motion Awards…

Gabi Stevenson   


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Shelves in luxury stores in Russia are completely empty as the likes of Prada and Gucci halt operations in the country: photos

Empty Dior boutique in TSUM on 8 March 2022.Alexander Sayganov/SOPA Images/LightRocket/Getty Images

Marielle Descalsota   


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Luxury powerhouses LVMH, Kering, Hermès, and Chanel join growing list of US and European companies halting business with Russia

The companies join a growing list of retailers across the US and Europe who are ceasing business wi…

Bethany Biron   


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3 mins read

3 Gen Zers created a competition to connect young creatives with cash and careers amid the pandemic. Now, luxury giant Kering is getting involved.

On August 30, Prospect 100 will launch a competition with the parent company of Gucci and Yves Sain…

Dominic-Madori Davis   


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Millennial fashion guru Kerby Jean-Raymond is teaming up with Kering to launch a new platform that seeks to revolutionize customer-brand relationships

Jean-Raymond, of the Pyer Moss label, will combine fashion, music, philanthropy, and art in the pla…

Dominic-Madori Davis   


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1 min read

Emma Watson has joined the board of Kering, the luxury powerhouse behind Gucci and Saint Laurent

30-year-old Watson has become a high-profile advocate for sustainability in fashion in recent years.

Mary Hanbury   


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Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry

"I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to m…

Mary Hanbury   


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Luxury goods giants LVMH and Kering are backtracking on a plan to accept government assistance for staff

Compounding the controversy, LVMH chairman and CEO Bernard Arnault is France's richest person by so…

Charlie Wood   


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Marissa Perino   


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Salma Hayek Pinault and her billionaire husband keep their finances separate — just like many Gen Z and millennial couples

Salma Hayek Pinault also told The Wall Street Journal that she and François-Henri Pinault, the CEO …

Ayomikun Adekaiyero   


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3 mins read

Trump's win spells trouble for a luxury comeback in China

Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sent…

Maria Noyen   


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Luxury stocks are on the slide again as China's stimulus plans disappoint

Luxury sector stocks are suffering as European markets react to China's economic uncertainty and la…

Nora Redmond   


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Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.

Luxury brands that align with Japanese values of quality, craftsmanship, and simplicity stand to wi…

Maria Noyen