Kering’s Pick to Revamp Gucci Designs Falls Flat With Investors
Kering SA appointed Balenciaga designer Demna Gvasalia to oversee a makeover of its struggling Gucci fashion label, ...
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LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports
Formula One kicks off its Grand Prix season in Melbourne in March, and for the first time in more than a decade, Rolex’s gold-crown logo and brand name won’t adorn the podium, race track, and ...
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China’s Love Affair With Luxury Has Cooled
Analysts have pressed LVMH and Kering executives on whether the declines are cyclical or reflect a more fundamental change among Chinese consumers. Both Kering’s François-Henri Pinault and LVMH ...
For luxury goods empires, more is still more
Being big is also helpful given luxury groups appear to be involved in a giant game of Monopoly, buying expensive real estate ...
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France's former spy chief found guilty of using public resources to aid LVMH
PARIS, March 7 (Reuters) - A Paris court found the former head of France's domestic security services, Bernard Squarcini, guilty on Friday of using public resources to benefit LVMH, in a trial ...
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Trump tariffs would test pricing power of Europe's luxury goods makers
Famous brands like LVMH's Louis Vuitton or Kering's Gucci are ... Kering CEO Francois-Henri Pinault signalled the same commitment earlier in the week, saying his brands, including Gucci ...