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The Latest Breaking News from Kering

Tariff threats, wars will slow but not collapse global luxury sales in 2025, new study shows

Global sales of personal luxury goods are projected to slide by 2% to 5% this year

The Independent UK

What Renault boss Luca de Meo's exit means for Alpine F1 team

When Luca de Meo became Renault’s CEO in the summer of 2020, the group had just posted a €7.3billion loss and was on the verge of collapse as the world economy shuddered to a halt during the Covid-19 pandemic. On his way to turning that around to a €4.26billion operating…

Motorsport

What Renault boss De Meo's exit means for Alpine F1 team

When Luca de Meo became Renault’s CEO in the summer of 2020, the group had just posted a €7.3billion loss and was on the verge of collapse as the world economy shuddered to a halt during the COVID-19 pandemic. On his way to turning that around to a €4.26billion operating…

Autosport

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Starmer Stands Firm on PIP Cuts Despite Backlash from Labour Ranks

Despite escalating criticism from within his party, Prime Minister Keir Starmer has confirmed that proposed reforms to Personal Independence Payments (PIP) will proceed as planned.

The Fashion Central

Katie Price Unveils ‘Bigger and Bolder’ Look in Ibiza Poolside Debut

Katie Price has left fans gobsmacked with her latest body transformation after showing off the results of another cosmetic procedure while partying in Ibiza.

The Fashion Central

Kering Appoints Renault Boss Luca de Meo as CEO to Revive Gucci

French luxury group Kering has tapped Luca de Meo, the outgoing chief executive of Renault, to become its next CEO in a bold bid to revive Gucci

The Fashion Central

Shock at Renault: Shares plunge as CEO reportedly departs to Gucci-owner Kering

In a surprise move, French carmaker Renault Group’s CEO Luca de Meo announced his departure on Sunday. The company’s shares tumbled by nearly 7% on Monday, following the news.

Euronews

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Struggling Gucci Owner's Shares Soar Over New CEO Reports

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group.

International Business Times

Fashion brands accused of shortcuts on climate pledges overlooking workers

A new report accuses fashion giants of not considering the welfare of workers affected by climate change.

Al Jazeera

Kering booted from Europe’s premier blue-chip index as defense giant Rheinmetall boosted by the continent’s war footing

Rheinmetall’s shares have surged 250% in the last year, while Kering's have fallen by 47%.

Fortune

Here's what we know about the 5 Android XR smart glasses currently in development

Samsung, Xreal, Gentle Monster and 2 others are working on Android XR glasses, here's what we know.

TechRadar

Balenciaga names Pierpaolo Piccioli creative director as fashion houses’ creative upheaval continues

Piccioli’s appointment comes after the departure of controversial former creative director Demna in March

The Guardian - AU

Pierpaolo Piccioli takes over at Balenciaga from disrupter Demna

Pierpaolo Piccioli is the new creative director of the iconic fashion house Balenciaga

The Independent UK

So what’s really going on at Stella McCartney?

A £25m loss, the closure of the Bond Street flagship — all is not well at the designer’s trailblazing label. But can she turn things around?

Evening Standard

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The Guardian - UK

Gucci goes alfresco in Florence as it awaits rebirth under buzzy new creative boss

Struggling label produces upbeat parade of greatest hits on home turf while Demna completes stint at Balenciaga

The Guardian - UK

Burberry may cut 1,700 jobs globally to reduce costs as profits fall

Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 170 posts

The Fashion Central

Nicole Kidman to receive Kering's 2025 Women In Motion Award

Kering, the luxury conglomerate, and the Festival de Cannes will bestow the 2025 Women In Motion Award upon Nicole Kidman, recognizing her significant contributions to cinema and her advocacy for female representation

BANG Premier

Demna to deliver 'hint' of new Gucci collection in September

Demna will deliver the first “hint” of his Gucci creations in September, according to Kering executive Francesca Bellettini.

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Euronews

European markets eye historic rally following Trump’s tariff pause

European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.

Fortune

Europe’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact

Luxury companies face harsh short- and medium-term impacts from the new tariffs, analysts warn.

Fortune

Kering's shares tumble 10% as investors mull over Gucci's new artistic director. But the 'iconoclast' might be what the brand needs

“Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.

BANG Premier

Demna taking over at Gucci

Demna is taking over as artistic director of Gucci.

Marie Claire

Demna is Gucci's new artistic director

He has headed up Balenciaga since 2015

International Business Times

Georgian Designer Demna Leaves Balenciaga For Gucci

Georgian designer Demna is leaving Balenciaga after a decade to become artistic director of Gucci, the French parent company of both brands, Kering, said Thursday.

The Independent UK

Gucci names Demna new aristic director, as he moves from Kering sister brand Balenciaga

Gucci has announced that the Balenciaga artistic director Demna, who goes by one name, will take over the creative direction of the Italian luxury fashion house starting in July

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