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The Latest Breaking News from Kering

Will the extraordinary boom in luxury goods ever end?

The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth

Financial Times

How Mentorship Can Impact Sustainability in Fashion

At Marie Claire and Kering's Fashion Our Future event, panelists discussed empowering others to ask the tough questions.

Marie Claire

Screen goddess Catherine Deneuve adorns Cannes Festival poster

The official poster for the Cannes Film Festival has been unveiled. In elegant black and white, it features the French actress Catherine Deneuve on a film shoot in 1968. Her daughter, Chiara Mastroianni, has been chosen to host the opening and closing ceremonies of the 76th edition which runs from…

Radio France Internationale

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Oscar-winning actress Michelle Yeoh scoops Women in Motion award

Malaysian actress Michelle Yeoh is up for the annual "Women in Motion" award which will be presented in May at the Cannes Film Festival during a dinner in honor of women in cinema.

Radio France Internationale

How Sustainability Will Redefine the Future of the Fashion Industry

Marie Claire and Kering brought sustainable fashion center stage at the Fashion Our Future Event in New York City on March 16.

Marie Claire

Gucci Slump Pushes Kering Sales Down 7% in Q4

Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump in revenue at its biggest brand Gucci reflecting COVID-19 disruptions in China. Gucci's revenue fell 14% on a comparable basis to 2.73 billion euros ($2.92 billion) to lag an analysts' consensus for an…

Asharq Al-Awsat

Kering Recruits Estee Lauder Exec for Push into Cosmetics

French luxury goods group Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment. "We are building this new area of expertise within our Group to ensure that our…

Asharq Al-Awsat

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Sabato De Sarno named new Gucci creative director

Italian designer Sabato De Sarno has been named the new creative director of Gucci, and will unveil his first collection during Milan Fashion Week next September, Gucci and parent company Kering announced Saturday

The Independent UK

Kering Appoints de Sarno as Gucci Creative Director

French luxury giant Kering appointed Sabato de Sarno as creative director of its star brand Gucci, it said on Saturday. De Sarno began his career at Prada in 2005, moving to Dolce & Gabbana, before joining Valentino in 2009, where he held several positions before being appointed fashion director overseeing…

Asharq Al-Awsat

Gucci Hits Runway as Fashion World Awaits New Designer

Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles, forging ahead with its latest collection while the industry waits for owner Kering to name a new designer for the label. French luxury group Kering faces pressure to quickly find a replacement following the…

Asharq Al-Awsat

Harry Styles, Gucci, a teddy-bear shirt and a mattress: What could go wrong? Plenty

Just weeks after luxury fashion brand Balenciaga caught heat for recent ad campaigns, parent company Kering is in hot water again. This time Gucci is facing criticism for ads that critics allege sexualize children.

Los Angeles Times

Harry Styles advert for Gucci sparks fresh row after Balenciaga campaign scandal

An ad campaign from Kering-owned Gucci is facing backlash just weeks after a similar controversy over Balenciaga ads featuring children

The Independent UK

Gucci ad starring Harry Styles in teddy bear shirt sparks backlash amid Balenciaga campaign criticism

An ad campaign from Kering-owned Gucci is facing backlash just weeks after a similar controversy over Balenciaga ads featuring children

The Independent UK

Balenciaga apologises for ads featuring bondage bears and child abuse papers

Brand admits ‘grievous errors’ after backlash to campaigns that included images of children holding BDSM teddies

The Guardian - UK

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The New Daily

Balenciaga’s reputation in tatters after ‘creepy’ photo shoot

Celebrities are under pressure to part ways with Balenciaga amid controversy over the fashion house's official holiday campaign.

Asharq Al-Awsat

Out of Fashion: Gucci Faces Daunting Task to Replace Top Designer

The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favorite of Harry Styles and Lady Gaga, increases pressure on owner Kering (PRTP.PA) as it faces slowing revenue growth at the Italian fashion house. News of the creative director's exit after seven years comes as Kering…

Evening Standard

Inside Alessandro Michele’s Gucci

As Michele steps down as Gucci’s creative director, Isobel Van Dyke charts how he went from in-house accessories designer to conductor of fashion’s Italian renaissance

WEKU

Alessandro Michele is stepping down as Gucci's creative director

Alessandro Michele is stepping down as Gucci's creative director, the company announced Wednesday. Michele, who has been with Gucci for 20 years, entered the role in 2015.

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The Guardian - UK

Alessandro Michele leaves Gucci after seven years as creative director

Designer reignited excitement around the luxury Italian fashion house and almost tripled revenue during his tenure

The Independent UK

Alessandro Michele shares cryptic statement after stepping down as Gucci’s creative director

Alessandro Michele is leaving his role as creative director of the Gucci, the fashion house announced Wednesday, bringing an end to an eight-year tenure that sharply redefined Gucci’s codes with romanticism and gender-fluidity, all the while powering revenues for the Kering parent

Asharq Al-Awsat

Gucci’s Creative Director Michele to Step Down

Creative director Alessandro Michele is leaving Kering's star label Gucci after seven years, two sources said on Wednesday, with his departure following tensions between him and Kering's senior management, one of the sources said. They said the French luxury group is expected to confirm the departure of Michele, a former…

Evening Standard

Is Alessandro Michele leaving Gucci?

The fashion industry is a awash with rumours the creative director could be on his way out. So what’s next for the brand?

The Guardian - UK

Luxury goods boom in Britain as super-rich youngsters buck the recession

Rich kids of Insta use strong dollar to fuel sales of brands such as Burberry, Louis Vuitton and Gucci

The Guardian - UK

‘We like anything with the Harrods name on it’: luxury brands report booming sales

Luxury goods firms report bumper profits as richest customers remain largely untouched by economic crisis

The Guardian - AU

Fashion brands grapple with greenwashing: ‘It’s not a human right to say something is sustainable’

While business imperatives for making sustainability claims are clear, being able to prove them has become a stumbling block for the industry

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