Kering Eyewear, part of luxury fashion group Kering, has inked a new partnership with Google to develop AI-powered “smart glasses” with Android XR. The collaboration is being described as a “new chapter in design for smart glasses” as it will combine Kering Eyewear’s high-end eyewear expertise, known for its collections with Gucci and Saint...
21 May 2025
The French luxury group Kering SA has obtained fresh capital by means of a new bond. The bond, with a volume of 750 million euros, has a term of four and a half years and an interest rate of 3.125 percent, the parent company of fashion houses such as Gucci, Saint Laurent, Bottega Veneta and Balenciaga announced on Tuesday. The issue took place...
Pierpaolo Piccioli's new path has now been unveiled. The Italian designer has been named as the successor to Demna at Balenciaga, where he will unveil his first collection for the Kering-owned brand in October, at Paris Fashion Week. Here is everything you need to know about him. Pierpaolo Piccioli was born in Rome on August 29, 1967. He lives...
20 May 2025
Kering has appointed Pierpaolo Piccioli as the new creative director of Balenciaga, marking a pivotal moment in the French luxury conglomerate’s broader effort to stabilise and reposition its flagship fashion houses after a challenging 2024. The group reported a 12 per cent drop in annual revenue for 2024, with widening losses at Gucci, as well...
19 May 2025
A look back at Kering’s annual general meeting on April 24, 2024, during which animal rights organisation PETA accused François-Henri Pinault, chief executive officer of the luxury group Kering, of lying, giving him the nickname ‘Pinocchio’. The issue was in regards to his commitments to the animal protection association PETA. The reason for the...
15 May 2025
Before the highly anticipated appointment of a new creative director, Balenciaga announced a new deputy CEO. Nathalie Raynaud, previously chief product officer at the house, was appointed to the new position of deputy CEO with immediate effect, according to industry magazine Women’s Wear Daily on Tuesday. In her new role, she will report...
13 May 2025
By 2040, Chanel is expected to achieve net-zero greenhouse gas emissions across its entire value chain. With this goal, the company aligns itself with the Paris Agreement signed in 2015, which aims in particular to keep global warming well below 2°C compared to pre-industrial levels by 2100. But what about the other luxury giants? FashionUnited...
9 May 2025
The French luxury goods group Kering has appointed new chief executive officers for its brands Brioni and Ginori 1735. Federico Arrigoni is taking over the leadership at the Italian menswear specialist Brioni, while Mehdi Benabadji is becoming the chief executive at the porcelain brand Ginori 1735, Kering announced on Tuesday evening. Both...
7 May 2025
Kering, the luxury conglomerate, and the Festival de Cannes will bestow the 2025 Women In Motion Award upon Nicole Kidman, recognizing her significant contributions to cinema and her advocacy for female representation, the festival announced. Kidman, whose career spans over three decades, will receive the accolade at the official Women In Motion...
5 May 2025
In an era where the fashion industry’s sustainability rhetoric often outpaces its results, Kering, the luxury conglomerate behind Gucci, Saint Laurent and Bottega Veneta, has unveiled what it calls a “Water-Positive Strategy.” The initiative marks the latest chapter in the group’s climate response, this time addressing water scarcity and...
30 Apr 2025
In an age when luxury brands are tripping over themselves to chase virality, some of fashion’s most visionary leaders are choosing silence over noise—and winning. Bottega Veneta’s social media exit in 2021 was once seen as a bold, even questionable move. But as of Q4 2024, the Italian house has surged to sixth place on the Lyst Index of hottest...
25 Apr 2025
Paris - Luxury group Kering, still weighed down by its flagship brand Gucci, announced on Wednesday a 14 percent drop in sales to 3.88 billion euros in the first quarter of 2025 and is "redoubling its vigilance to overcome macro- economic turbulence". "As we anticipated, Kering faced a difficult start to the year," said its chief executive...
23 Apr 2025