Kering

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

Accessories Brands Companies Fashion Footwear France Gucci Kering Luxury Shoes

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

Accessories Companies ecommerce Footwear France Kering Leather goods Luxury Online Quarter Results Results Shoes

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

Companies Environment France Kering LVMH Sustainability

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

Brands Companies France Kering Luxury Management People

Kering reorganizes its logistics process

Apr 12, 2021 / Italy

The group's new global logistics hub is located in Trecate (Novara, Piemonte), Northern Italy. The first part of the building has been operating since March 2020. The rest should be operational by the end of the second quarter 2021

Companies Distribution Footwear Italy Kering Sales Shoes

Kering sponsors renovation of the courtyard of the Palazzo Vecchio in Florence

Mar 19, 2021 / Italy

The France-based holding company Kering is sponsoring the renovation of the Michelozzo courtyard of the Palazzo Vecchio in Florence, an important symbol of the Renaissance capital

Brands Community Companies Footwear Italy Kering Leather goods

Vestiaire Collective: financing round backed by Kering and Tiger Global Management

Mar 10, 2021 / France

The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management

Brands Companies Fashion Footwear France Investment Italy Kering Luxury Pre-Owned Second-hand United States

Kering with sales slowdown

Feb 17, 2021 / France

Quarterly revenue at the French-based luxury group was down by 4.8% on a comparable basis to 4 billion euros, while sales at Gucci, the main segment of the Kering's revenue, contracted by 10.3% to 2.3 billion euros

Accessories Brands Companies Coronavirus - Covid19 France Gucci Kering Leather Quarter Results Results Shoes

Alibaba and Richemont invest in Farfetch

Nov 6, 2020 / China

Hangzhou-based e-commerce business Alibaba and Swiss-based luxury goods conglomerate Richemont SA will invest 1.1 billion US dollars (0.93 billion euros) in online luxury fashion retailer Farfetch and its new Chinese market operations

Alibaba China Companies Digital ecommerce Footwear Investment Kering Luxury Richemont

Kering overcomes expectations despite 4.3% sales decline

Oct 23, 2020 / United States

The luxury group announced consolidated revenue in the third quarter of 2020 of 3 717.7 million euros, down by 4.3% as reported. Double digit growth in North America and Asia-Pacific contributed to the period's performance

Brands Companies Footwear Kering Leather goods Luxury Quarter Results Results Sales Shoes United States

Kering sells 5.9% stake in Puma

Oct 8, 2020 / Germany

The French luxury group announced the launch of the sell-down of approximately 8.8 million shares that it owns in Puma SE, representing approximately 5.9% of the share capital of the sportswear brand

Companies Germany Kering Puma Shoes

Kering with double-digit drop in revenue

Jul 30, 2020 / France

The luxury group announced the results for the first half of the year, marked by double digit decline in revenue. Kering named this the toughest period they ever faced

Brands Companies Coronavirus - Covid19 Footwear France Kering Leather goods Luxury Online Quarter Results Results Sales

Kering announces new additions to the Board of Directors and publishes Biodiversity Strategy

Jul 6, 2020 / France

Kering’s shareholders have approved the appointment of Ms. Jean Liu, Mr. Tidjane Thiam and Ms. Emma Watson as Directors during their Annual General Meeting. The luxury group also published its biodiversity strategy and announces its targets

Companies France Kering Luxury Management People Sustainability

Gucci is going seasonless

May 27, 2020 / Italy

The announcement was made by Alessandro Michele, the brand’s Creative Director, using Gucci’s Instagram page

Brands France Gucci Italy Kering Luxury

Kering donates 2 million euros to hospitals

Mar 19, 2020 / France

The French-based group, owner of brands such as Gucci, Yves Saint Laurent or Balenciaga has announced their contribution to the fight of the coronavirus outbreak

Accessories Brands Community Companies Coronavirus - Covid19 France Kering Luxury

Page 2 of 3