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Kering

Balenciaga teams with Alipay on US$650 T-shirt, prompting social media ridicule

by Anas Siddiqui
Balenciaga teams with Alipay on US0 T-shirt, prompting social media ridicule

Spanish luxury fashion brand Balenciaga’s latest offering is a 4,700 yuan (US$650) T-shirt in collaboration with Chinese mobile payment platform Alipay, sparking discussions and chaff on Chinese social media. The …

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Sneaker maker Golden Goose is said to kick off Milan IPO soon

by Lionel Rogers
Sneaker maker Golden Goose is said to kick off Milan IPO soon

By Bloomberg Published May 27, 2024 Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people …

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Luxury stocks fall as Chanel results hint at tougher times ahead

by Lionel Rogers
Luxury stocks fall as Chanel results hint at tougher times ahead

By Bloomberg Published May 22, 2024 Luxury stocks took a hit in Europe Wednesday after Chanel warned that the industry is “entering a more challenging environment” and analysts said they …

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Should Kering be concerned about new fiscal threat?

by Lionel Rogers
Should Kering be concerned about new fiscal threat?

Translated by Nicola Mira Published May 22, 2024 French luxury group Kering is mired in a new controversy, and its top management is under fire at a time when the …

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Prada CEO not eyeing big acquisitions as brand focus is priority

by Lionel Rogers
Prada CEO not eyeing big acquisitions as brand focus is priority

By Bloomberg Published May 21, 2024 Prada SpA isn’t shopping for major acquisitions right now, Chief Executive Officer Andrea Guerra said, as the Italian fashion house wants to stay focused …

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Burberry’s endless luxury turnaround is a very British problem

by Lionel Rogers
Burberry’s endless luxury turnaround is a very British problem

By Bloomberg Published May 19, 2024 Just about every chief executive who has run Burberry Group Plc has characterized the maker of the pricey trench coats with checked linings as …

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From Gucci to Jacquemus, luxury labels turn to tennis looks

by Lionel Rogers
From Gucci to Jacquemus, luxury labels turn to tennis looks

Translated by Nicola Mira Published May 17, 2024 After focusing on ski wear collections, luxury labels are turning to the world of tennis. The polo and short pleated skirt look, …

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Burberry results disappoint as APAC and Americas struggle, RTW underperforms

by David Johnson
Burberry results disappoint as APAC and Americas struggle, RTW underperforms

Hopes weren’t exactly high ahead of Burberry’s full-year results announcement on Wednesday and predictions of a disappointing recent performance in China came true. See catwalkBurberry – Spring-Summer2024 – Womenswear – …

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Kering partners with National University of Singapore to measure impact in Asia-Pacific region

by Lionel Rogers
Kering partners with National University of Singapore to measure impact in Asia-Pacific region

Translated by Roberta HERRERA Published May 14, 2024 With the aim of developing a benchmark for measuring the impact of sustainability strategies of major companies in the Asia-Pacific, Kering has …

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Pitti Uomo announces an effervescent, citrusy 106th edition

by David Johnson
Pitti Uomo announces an effervescent, citrusy 106th edition

“We called our summer session Pitti Lemon, a vitamin-packed, energetic theme that led us to imagine a sunny, joyful, fresh, free, vital and above all surprising edition.” According to Agostino …

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