【New York, US】Jewelry Sales Resilient Despite Struggles at LVMH, Kering
Editor’s NoteThis article highlights the contrasting fortunes within the luxury sector, as seen in recent quarterly reports. While Kering’s overall…
Kering
【Milan/Scandi】Kering’s Italian Labor Union to Stage Strike in Protest Against Unilateral Remote Work Reduction
Editor’s NoteThis article reports on an announced four-hour strike by the Italian labor union of the French luxury group Kering, set for October 21….
The Biggest Luxury Deals in Recent Years
Editor’s NoteThis article reports on Kering’s strategic shift, selling its Creed fragrance division to L’Oréal for a significant profit just two…
【France】Luxury Changes Hands: L’Oréal Acquires Kering’s Cosmetic Jewels
Editor’s NoteThis article discusses a significant acquisition in the luxury beauty sector. The information is based on a corporate announcement. A…
【Paris, Franc】LVMH Sends Encouraging Signals: Sales Increase Marginally and Stock Soars
Editor’s NoteThis article highlights a positive shift for the luxury sector, with LVMH reporting its first sales increase in a challenging economic…
【Paris, Franc】Gucci, in Urgent Need of a Turnaround, Sees Top Leadership Change in Just 9 Months; Francesca Bellettini from Parent Company Kering Appointed as President and CEO
Editor’s NoteKering has appointed Deputy CEO Francesca Bellettini as President and CEO of Gucci, reporting directly to Group CEO Luca de Meo. This…
【Seoul, South】‘Hyper-Polarization and N-th Price Hikes’… Trends Expected to Penetrate the Korean Luxury Market in the Second Half of the Year
Editor’s NoteThis excerpt highlights a growing trend in the luxury market, where exclusivity and high-end positioning are becoming increasingly…
Luxury Jewelry Sales Mixed Amid Consumer Pullback
Editor’s NoteWhile global luxury spending faces headwinds, the jewelry category has shown remarkable resilience, as highlighted in this analysis of…
【Madrid, Spai】European Luxury Adjusts Costs and Raises Prices Amid Widespread Margin Decline
Editor’s NoteThis analysis examines the margin pressures confronting Europe’s luxury sector, as major groups report declining profitability. The…
【Paris, Franc】Key Luxury Industry News Since the Start of 2025
Editor’s NoteThe first half of 2025 has seen a major reshuffle in fashion’s creative leadership, with high-profile designers like Pierpaolo Piccioli…