The chairman of Kering talks to BoF's Imran Amed about the blockbuster successes of Gucci, Saint Laurent and Balenciaga, streamlining his portfolio and his belief in ‘generous capitalism.’
Kering
French conglomerate Kering SA owns fashion, leather goods and jewellery houses, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Boucheron and more. Headquartered in Paris, Kering was founded by François Pinault in 1963.
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Emmanuel Macron has called upon Chief Executive François-Henri Pinault to unify the sector.
Chief executive Francois-Henri Pinault laid out his ambitious strategy at the Paris-based conglomerate’s annual meeting for shareholders.
Gucci Hires Deputy CEO to Bolster Turnaround Efforts
Louis Vuitton marketing chief Stefano Cantino is joining the Kering flagship as it attempts to reignite growth under CEO Jean-François Palus and creative director Sabato de Sarno.
China Uncertainty Clouds Outlook for Luxury Sector
Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand.
Announcing Gucci and McQueens Flowers
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
Gucci’s China Shock Reverberates Across the Luxury Sector
A sharp drop in the label’s Asia-Pacific sales is the latest sign that Chinese luxury demand is cooling.
Can Gucci’s Turnaround Plan Still Work?
This week, Kering flagged sales were down 20 percent at its flagship brand, knocking confidence in the group’s turnaround strategy. ‘A more drastic solution is required,’ one analyst wrote.