Prada struck a deal to buy smaller rival Versace from Capri Holdings on Thursday in a move to unite two of the biggest names ...

In 2025, the luxury market faces headwinds unlike any seen since the Great Recession or Covid due to the threat of tariffs to ...

LMVH's BULGARI ACQUISITION In March 2011, France's LVMH bought Italian peer Bulgari for 3.7 billion euros. KERING SNAPS UP CREED In June 2023, Gucci-owner Kering paid 3.5 billion euros to acquire ...

Deputy CEO Francesca Bellettini talked about the creative transition at Gucci and Balenciaga during the group’s earnings call ...

The Kering share price has imploded in the past few years as its sales growth waned in key markets, especially in China.

Shares of Kering traded down 5% in European morning trade on Thursday, after the group reported a first-quarter sales drop ...

MILAN – Kering ... to the eyewear category, straying from the well-trodden licensing business model and it has grown to produce and distribute collections for 14 brands, including Gucci, Cartier ...

French luxury goods group Kering (OTCPK:PPRUF) announced the acquisition of stakes in two Italian eyewear manufacturers, Visard and Mistral, both located in the Belluno area. The agreement ...

After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on ...