World Footwear

Kering

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

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

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

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

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

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

Institut Français de la Mode inaugurated IFM - Kering Sustainability Chair

Nov 25, 2019 / France
The event was attended by François-Henri Pinault, Chairman and CEO of Kering and Xavier Romatet, Dean of IFM

Kering with 14.2% revenue's growth

Oct 30, 2019 / France
The luxury house posted consolidated revenue of 3 884.6 million euros in the third quarter, corresponding to 14.2% growth

Kering: another step away from Puma

Oct 8, 2019 / France
Kering launches an offering of bonds exchangeable into existing ordinary shares of Puma due 2022 for a nominal amount of 500 million euros. Another step by Kering to reduce its remaining stake in Puma

Kering appoints new Chief Diversity, Inclusion and Talent Officer

Oct 1, 2019 / France
According to the group the appointment of Kalpana Bagamane Denzel as Chief Diversity, Inclusion and Talent Officer signals a new stage in Kering’s determined action in support of diversity

Kering commits to full carbon neutrality

Sep 27, 2019 / France
The entire group is focusing on becoming carbon neutral within its own operations and across the entire supply chain. As a next step in its long-term commitment to sustainability, Kering will offset the Group’s annual Greenhouse Gas (GHG) emissions from 2018

Bottega Veneta with new CEO

Jul 5, 2019 / Italy
The Kering Group, owner of Bottega Veneta, announced the appointment of Bartolomeo Rongone as CEO of the brand, effective from the 1st of September 2019. He will report to François-Henri Pinault, Chairman and CEO of Kering and will be a member of the Group’s Executive Committee

Kering to relocate Swiss logistic activities

May 29, 2019 / Switzerland
After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy

Kering: Italy tax settlement is closed

May 10, 2019 / Italy
The French-based luxury group announced that it has concluded a settlement with the Italian Revenue Agency relating to claims vis-a-vis its Swiss subsidiary Luxury Goods International S.A. (LGI)

Kering with good performance

Apr 24, 2019 / France
The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent
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