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The Latest Breaking News from Kering

Falling sales at Stella McCartney fuel fears over fashion label’s future

Directors blame ‘challenging market conditions’ as losses widen from £25m in 2024 to £33m

The Guardian - UK

L’Oréal shares dip as it bets on Galderma and science-based skincare

The firm’s investment in Galderma signals a pivot towards injectables and more cutting-edge beauty technology.

Euronews

‘Too far? I don’t think we’ve gone far enough!’ The founder of Peta on gruesome stunts and her bloody fight for animal rights

After 45 years as chief fake blood thrower, Ingrid Newkirk is still waging war on everything from leather to cashmere. Is she still relevant?

The Guardian - UK

From analysis to the latest developments in health,
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Gucci's Owner Sells Beauty Arm To L'Oréal In $4.6 Billion Deal

French luxury group Kering SA (OTC:PPRUF) (OTC:PPRUY) on Sunday disclosed a long-term partnership with L’Oréal (OTC:LRLCF) in the luxury beauty and wellness segment.

Benzinga

L’Oréal seals €4bn deal for Kering’s entire luxury beauty portfolio

In a move set to reshape the global beauty landscape, L’Oréal will take over Kering’s complete beauty portfolio, from Creed niche fragrances to Gucci makeup products.

Euronews

Kering Sells Beauty Division to L'Oréal in €4 Billion Deal — Here's Why

Kering sells its beauty division to L'Oréal for €4 billion in CEO Luca de Meo's first major move to cut debt and refocus on core fashion brands Gucci, Bottega Veneta and Balenciaga.

International Business Times

Gucci owner Kering to sell beauty unit to L’Oreal in £3.5bn deal

Luxury fragrance brand House of Creed will become part of the L’Oreal Luxe division under the deal.

Evening Standard

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Gucci owner Kering to sell beauty division to L’Oréal for €4bn

New chief executive Luca de Meo aims to bring down debt burden and refocus on core fashion business

The Guardian - UK

Kering Sells Beauty Division to L'Oréal in £3.36 Billion Deal — Here's Why

Kering sells its beauty division to L'Oréal for €4 billion in CEO Luca de Meo's first major move to cut debt and refocus on core fashion brands Gucci, Bottega Veneta and Balenciaga.

International Business Times UK

Women Designers 'Not Getting The Breaks' Despite Global Fashion Shake-up

In fashion at the moment, as seen on catwalks: frills, corsets, big shoulder pads, and "naked dresses".

International Business Times

Giorgio Armani group names luxury veteran and longtime manager Giuseppe Marsocci as new CEO

The Armani fashion house has appointed Giuseppe Marsocci as its new CEO following the death of its founder last month

The Independent UK

European Commission fines Gucci, Chloé and Loewe $183 million for price interference

The European Commission has fined Gucci, Chloé, and Loewe over 157 million euros for anti-competitive pricing practices

The Independent UK

Don't Leave Water Out of Fashion's Sustainability Conversation

"We can’t survive without water, let alone produce clothes."

Marie Claire

From selling cars to selling handbags: with the arrival of Luca de Meo at Kering (Gucci, Balenciaga), is luxury becoming a sector like any other?

What do the luxury sector and the automotive sector have in common? Until recently, even asking the question would have seemed incongruous, given the apparent dissimilarity between brands engaged in mass production in search of economies of scale and those based on lavish spending and limited editions. The arrival of…

The Conversation

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news in one place.

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International Business Times

Maverick Georgian Designer Demna Debuts For Gucci In Milan

Maverick Georgian designer Demna makes his debut for Gucci at Milan Fashion Week on Tuesday with a film of a family of Italian characters bursting with attitude, as the house pledged a "new era" its history.

Plunged in Debt

7 Hidden Business Titans Behind 2025’s Most Profitable Brands

When you hear a brand name like Apple, Amazon, or Hermès, it’s easy to think all the credit goes to the logo or the product you see. But behind every massively profitable brand are leaders, funders, and strategists who operate largely behind the curtain. Understanding who these hidden business titans…

International Business Times UK

Luxury Leak Horror: Gucci, Balenciaga and McQueen Hacked in Cyber-Attack Exposing Millions of High-End Shoppers

Luxury brands Gucci, Balenciaga, and Alexander McQueen were hacked by the criminal group Shiny Hunters. The breach, which occurred through Kering's systems, exposed the data of millions of customers, including names, addresses and spending habits.

TechRadar

Bags of info stolen from multiple top luxury brands - double check your data now

Shiny Hunters are back to targeting luxury brands and this time around, it's Kering that fell.

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The Independent UK

What you need to know about high-end fashion cyber attack

IN FULL

The Independent UK

Millions potentially affected after Gucci, Balenciaga and Alexander McQueen hacked in cyber attack

Kering, the French parent company of the Luxury labels, confirmed the breach on Monday

The Guardian - UK

Hackers steal private data of Gucci, Balenciaga and McQueen customers

Cybercriminals steal details of potentially millions of people in attack on labels’ parent company Kering

The Independent UK

Giorgio Armani’s will instructs heirs to sell 15% of his empire

According to his will, published online Friday by Italian daily La Repubblica

Euronews

Why September tends to spook European equity markets

September is often a tough month for European stocks, with major indices and many top companies typically posting negative returns.

Marie Claire

“Fashioning” a More Sustainable Future

In Shanghai, a cohort of experts brought together by 'Marie Claire' and Kering discuss sustainability and style for a new generation.

Benzinga

Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.

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