Gucci plans to name a new creative director as early as this week, with accessories designer Alessandro Michele leading a list of candidates for the job.
This year, ethics and sustainability finally became a priority for a range of influential players, from major high street retailers to luxury conglomerates.
The hottest trend at France’s second-biggest luxury group this season: Executive departures as the owner tightens the reins. Asset sales may be next on the runway.
The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to people familiar with the matter.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Kering SA reported third-quarter revenue that met analysts’ estimates as growth in the sports and lifestyle unit offset the effects of weaker Chinese spending on sales of Gucci handbags.
BoF compiles the most important professional moves of the week.
PARIS, France — Kering SA reported first-quarter sales that beat analysts estimates as growth in its directly operated stores cushioned a slowdown at handbag maker Gucci, and said it will reorganize its luxury division.
PARIS, France — Gucci owner Kering SA will consider acquiring sports and lifestyle brands in three years, as it assesses the performance of its Puma brand, Chief Executive Officer Francois-Henri Pinault said.
PARIS, France — Kering SA reported a 2.3 percent drop in 2013 earnings amid the weakest growth in four years at the Gucci luxury-goods brand.
PARIS, France — The fashion and luxury-goods industry is facing a shortage of skilled workers, according to Francois-Henri Pinault, chief executive officer of Kering SA, the owner of the Gucci brand.
Why did PPR, a globally renowned luxury group with years of heritage, rebrand itself as Kering and hire French fashion blogger Garance Doré to tell its story? BoF investigates.