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    • Kering says investments may hit margins as Gucci sales decline

      Kering says investments may hit margins as Gucci sales decline

      Sales at the French group, which also owns fashion brands Bottega Veneta and Balenciaga and jeweller Boucheron, fell to 4.97 billion euros ($5.36 billion) in the final three months of the year, despite improvement in the United States and Europe.

    • Kering strikes 1.7 billion euro deal to acquire 30% share in Valentino amid Gucci's performance concerns

      Kering strikes 1.7 billion euro deal to acquire 30% share in Valentino amid Gucci's performance concerns

      Kering's recent announcement of the deal to acquire a 30 per cent share in Valentino has raised eyebrows among investors, especially due to the hefty valuation of Valentino at over 5 billion euros.

    • Why Balenciaga has cut ties with Kanye West

      Why Balenciaga has cut ties with Kanye West

      Paris-based fashion house Balenciaga has ended ties with rapper Kanye West. "Balenciaga has no longer any relationship nor any plans for future projects related to this artist," Balenciaga's parent company Kering told WWD.

    • Luxury conglomerate Kering crafts a sustainable future via the Viscose Traceability Project, backed by an Indian tech start-up

      Luxury conglomerate Kering crafts a sustainable future via the Viscose Traceability Project, backed by an Indian tech start-up

      The project initiated by Fashion for Good, and technically supported by Bengaluru-based innovator TextileGenesis, sets the brand that owns super-luxe brands such as Gucci and Alexander McQueen, on a path of sustainable innovation.

    • Gucci parent Kering moves to tighten grip on e-commerce

      Gucci parent Kering moves to tighten grip on e-commerce

      Across the luxury goods industry as a whole, e-commerce accounts for around 10% of business today and should reach 25% of sales by 2025, consultancy Bain estimates.

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