Tag : Kering
Kering launches £1bn bond issueSubscription
Kering has launched a €1.2bn (£1bn) bond issue after the French luxury group took a 15.4% sales hit in the first quarter as a result of coronavirus.
Luxury group Kering, which owns Gucci, Yves Saint Laurent and Bottega Veneta, recorded a drop in revenue of 16.4% in the first quarter of 2020, amid the fallout from the coronavirus pandemic.
Baby steps for parents working in fashionSubscription
After luxury powerhouses Burberry and Kering revealed updated parental leave policies, Drapers looks at what lessons the rest of the fashion industry can learn
Further store closures as coronavirus cases riseSubscription
The number of infections from the coronavirus has risen sharply after health officials in China’s Hubei formed a new broader definition used to diagnose cases, leading to further store closures and supply chain issues in the country.
The best sustainable fashion initiatives of 2019Subscription
Fashion brands and retailers upped their focus on going green this year, launching sustainable initiatives that ranged from purposeful store designs to recycled collections, while MPs also stepped up their focus on the industry’s impact on the environment.
Moncler plays down Kering takeover rumoursSubscription
The chief executive of Italian luxury brand Moncler, Remo Ruffini, has dampened speculation around a takeover by Kering.
Growth across the board at KeringSubscription
Kering has delivered a robust third quarter, showing an 11.6% comparable increase in revenue to €3.9bn (£3.4bn) buoyed by a strong performance from all of its brands.
Kering appoints diversity chiefSubscription
Luxury fashion group Kering has appointed Kalpana Bagamane Denzel as its new chief diversity, inclusion and talent officer.
Kering commits to carbon neutrality Subscription
Luxury fashion group Kering, which owns brands including Gucci, Saint Laurent and Alexander McQueen, has announced it will become carbon neutral within its own operations and across its entire supply chain.
Big names unite for sustainable fashion impactSubscription
At the G7 summit in Biarritz last weekend 32 retailers and suppliers signed the Fashion Pact – an agreement to champion sustainable fashion. Drapers assesses their chances of success.