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.
CIUDAD DE MEXICO, Mexico
Wayne, New Jersey, United States
London, United Kingdom
London, United Kingdom
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.
The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
Kering Profits to Plummet 40-45% in First Half
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.
Can Kering Turn Things Around?
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.
Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown
This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.
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.