Francois Henri Pinault
Gucci Sales Down 20% in First Quarter, Kering Forecasts
Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged on Tuesday.
Why Kering Chose Creed for Its First Big Beauty Acquisition
Kering will acquire 100 percent of the luxury niche fragrance brand controlled by BlackRock Long Term Private Capital Europe and current Chairman Javier Ferrán in an all-cash transaction.
Should Brands Play Politics?
This week, the question was more pressing than ever as a US presidential election, which has dominated the divided country’s cultural conversation this year, approached an end.
Winners Take All: How LVMH and Kering Will Extend Their Supremacy Post-Pandemic
The family-controlled French giants are well positioned to further dominate the luxury fashion sector. But neither can afford to ignore the threat of disruption.
Why Luxury Came to the Rescue
To support the fight against Covid-19, European fashion companies have been doing everything from producing hand sanitiser to building new hospital wings. What’s driving these wartime-like efforts?
François-Henri Pinault Announces Pay Cut
The chairman and CEO of Kering's fixed salary will be cut by 25 percent until the end of 2020.
Luxury Billionaires’ Rivalry Fuels Pursuit of Tiffany, Moncler
The rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending.
What Gucci Learned From Dapper Dan and Its Blackface Crisis
One of the world’s biggest luxury brands is paying for its cultural insensitivity — and trying to change.
LVMH Gets Competitive About Sustainability
In a high-octane gathering of senior executives, the French luxury conglomerate mixed updates on its environmental progress with thinly veiled criticisms of its rivals.
Fashion Loves Carbon Offsets. Are They Enough?
Carbon offsets are a tempting solution to fashion's climate problems, but they're no quick fix for the complex challenges facing the industry.