Kering 2013 Profit Plummets on Company Restructure

Gucci held its Fall/Winter 14-15 runway show on Wednesday in Milan.

Paris—When Kering, the luxurygoods conglomerate behind Gucci, Bottega Veneta, Stella McCartney etc., said last November it … [Read more...]

Week in Review: 10 Must Reads to Remember

Burberry Prorsum, BCBG Max Azria, Polo Ralph Lauren

New York—The focus on fashion moved from New York to London and Milan (and soon Paris).And Accessories has been following the … [Read more...]

Puma Looks Ahead as Q4 Sales Slump


Herzogenaurach, Germany—Puma’s chief executive vowed today that the sports brand has begun a turnaround this year after posting … [Read more...]

Kering to Invest $20 Million in New Tannery

High-end Leathergoods: Le Dix Cartable M bag named for Balenciaga's 10 Avenue George V flagship boutique in Paris.

Paris—Kering, the luxurygoods conglomerate and owner of Gucci, Yves Saint Laurent, Balenciaga, and Bottega Veneta among others, is … [Read more...]

Kering Confirms Joint Venture with Tomas Maier of Bottega Veneta


Paris—After recently investing in British designer Christopher Kane and New York-based Joseph Altuzarra, Kering SA, the … [Read more...]

Kering Warns of Drop in Full-Year Profits

Suede Sapphire Collection: celebrating PUMA Suede's 45th anniversary.

Paris—Kering, owner of Gucci, Yves Saint Laurent and Puma, warned Thursday its full-year profit will be down “significantly” on … [Read more...]

Week in Review: Must-Know Online News

Burberry's Chicago Exclusives Collection

New York—Black Friday is only two weeks away, one of the most crucial and biggest sales day of the year for retailers. (Though … [Read more...]

Week in Review: 10 Not-to-Miss Articles

NY Mayor Michael Bloomberg presenting Lew Frankfort of Coach the corporate leadership award at Fashion Group International's Night of Stars Oct. 22

New York—The rich may be different from you and me, but according to new consumer surveys even the wealthiest among us are … [Read more...]

Kering Posts Q3 Fall in Sales as Gucci Falters

Status Look: Gucci rethinks the little black dress for fall

Paris—Much like its rival LVMH reported earlier this month, Kering SA today reported a slowdown in its third quarter sales due to … [Read more...]

Ghesquière to Louis Vuitton? Not So Fast, LVMH Says

Nicolas Ghesquière: Louis Vuitton's next creative director?

Paris—No wonder the international fashion community wants this so bad: it seems like the perfect matchup—rising star and former … [Read more...]

Asia to Account for More Than 50% of Luxury Market in 10 Years

Luxury Logos

London—Although some earnings reports from major luxury conglomerates have indicated a slowing in sales of luxurygoods, Asian … [Read more...]

Week in Review: Articles to Recall

Legendary model Lauren Hutton appears in Lucky Brands' Fall '13 ad campaign

New York—We learned a lot about luxury this week. LVMH and Kering, two of the largest luxurygoods conglomerates, reported their … [Read more...]