Kering Group Q3 revenues up 28.4 percent

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Surging demand for Gucci’s accessories and colorful designs helped French parent Kering Group beat sales forecasts in the third quarter, as some of the luxury industry’s biggest companies ride a recovery in demand from Chinese consumers. Kering, which also houses … Read More

Alibaba and luxury giant Kering have gone from enemies to allies in the battle against knockoffs

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Alibaba, China’s largest e-commerce company, has been trapped in a conundrum. It wants to be the world’s portal for selling to Chinese shoppers, including the growing ranks of wealthy customers willing to drop a few thousand dollars on items such … Read More

Gucci Isn’t the Only Brand Fuelling Growth at Kering

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The luxury conglomerate’s growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent. PARIS, France — French luxury group Kering delivered a forecast-beating rise in first-half operating profit on … Read More