World Footwear

Kering

Kering fourth quarter sales declined by 7%

Feb 16, 2023 / France
The weak performance of Gucci in the last quarter of 2022 (sales down by 15% year-over-year) due to the situation in China impacted Kering’s performance in the quarter. But the group’s full year revenue still grew by 9%

Sabato De Sarno is Gucci's new Creative Director

Jan 30, 2023 / France
The French-based Kering has announced that Sabato De Sarno, currently the fashion director of men's and women's ready-to-wear at Valentino, will assume the role of Creative Director of Gucci

Gucci's Creative Director Alessandro Michele steps down

Nov 24, 2022 / Italy
The Italian-based luxury House has announced that the Rome-born designer is stepping down as Creative Director, effective immediately, after almost eight years in the job

Kering posts revenue growth

Oct 25, 2022 / France
The French-based luxury group continued to grow in the third quarter of the year, led by the "stellar" performance of Yves Saint Laurent. Gucci still hit by COVID-19-related restrictions in China

Gucci partners with Ellen MacArthur Foundation

Jul 15, 2022 / Italy
The Italian-based fashion House announced that it became a strategic partner of the Ellen MacArthur Foundation to accelerate its commitments towards a more circular economy

Gucci unveils permanent Roblox residency

Jun 2, 2022 / Italy
The luxury house is expanding its presence on the virtual gaming platform through the immersive experience Gucci Town that contains digitized elements of the brand’s real-world offerings

Bottega Veneta strengthens its footwear business

May 24, 2022 / Italy
The Italian luxury label, owned by Kering, hired the Turkish designer and artist Safa Sahin as a consultant footwear designer. The designer himself announced the news on social media

Kering invests in Lab-Grown Leather Startup

May 12, 2022 / France
The French-based luxury group participated in a 46 million USD funding round meant to fast-track the commercialization of the Californian-based VitroLabs’ cell-cultivated leather

Kering and the French Ministry of Labour join forces for integration

May 4, 2022 / France
The group and the French Ministry of Labour, Employment and Integration signed a charter for supporting young people, vulnerable individuals and people with disabilities in the job market

Kering reports solid performance

Apr 22, 2022 / France
The French-based luxury group posted solid growth in the first quarter of 2022. However, COVID-19 restrictions in China since March have weighed down on results, especially Gucci’s

Fashion brands halt sales in Russia

Mar 7, 2022 / World
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February

Kering exceeds pre-pandemic levels

Feb 18, 2022 / France
The luxury group reached revenue of 17.65 billion US dollars, up by 35% and by 13%, on a comparable basis to 2020 and 2019, respectively. Gucci sales bounced back to 2019 levels

Kering reports solid revenue growth

Oct 21, 2021 / France
The luxury group announced a steady revenue growth in the third quarter of 2021, reaching 4.19 billion euros, up by 12.2% as compared to the same period of 2020. Gucci decelerates

Kering and LVMH announce measures to safeguard biodiversity

Sep 21, 2021 / France
The two luxury groups announced new initiatives to support biodiversity at the IUCN World Conservation Congress, held in Marseilles from the 3rd to the 11th of September, recognizing, thus, the luxury’s reliance on the natural world

Changes at Kering’s management

May 19, 2021 / France
The France-based luxury group has announced a new position of Director of Strategy and nominated Mélanie Flouquet for the position. Ginevra Elkann is leaving the Board of Directors
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