Tag:

Gucci

Gucci owner's holding company sells Giambattista Valli

Artemis, the powerful holding company controlled by the Pinault family and the force behind Gucci-owner Kering, has agreed to sell its majority stake in Giambattista Valli back to the luxury label's original founder.

20 May 2026-16:05
Why rich people often avoid flashy luxury brands?

Luxury fashion has long been associated with wealth, exclusivity, and social status. Brands like Louis Vuitton and Gucci built global empires by selling not only products, but also aspiration.

12 May 2026-04:44
Kering targets profit margin boost amid Gucci slump

Kering, the owner of Gucci, has announced plans to double its recurring operating profit margin as part of a broader strategy to revive growth after a period of underperformance.

16 Apr 2026-09:57
Kering shares fall after Gucci sales drop 8%

Kering shares fell more than 4% in premarket trading after weaker-than-expected sales from its flagship brand Gucci, which reported an 8% decline in first-quarter revenue.

15 Apr 2026-10:30
Dolce & Gabbana names ex-Gucci CEO as co-CEO

Italian luxury fashion house Dolce & Gabbana has appointed former Gucci chief executive Stefano Cantino as its new co-CEO, marking a major leadership change at the company.

13 Apr 2026-10:56
Luxury stocks' volatility highlights AI jitters, hedge fund positioning

As luxury companies like LVMH (LVMH.PA), opens new tab and Gucci-owner Kering (PRTP.PA), opens new tab struggle to recover from a two-year slowdown, they are navigating increasingly sharp share price swings stoked by hedge fund bets and investor nerves over AI-rattled markets.

17 Feb 2026-09:48
Chanel, Kering lead Saks Global’s top creditors

French luxury giant Chanel and Gucci owner Kering are the largest unsecured creditors of bankrupt U.S. department store Saks Global, with claims of $136 million and $60 million, respectively, according to court documents.

14 Jan 2026-17:33
Gucci heiress launches ‘UNITY’ bag to benefit Melania Trump initiative

07 Dec 2025-19:10
Italian police probe 13 fashion brands over labor

Italian police visited the headquarters of 13 high-end fashion brands on Wednesday, requesting documents on governance and supply-chain oversight as part of an investigation into alleged worker abuse at subcontractors.

04 Dec 2025-10:30
Kering sells beauty division to L’Oreal for $4.7 billion

Luxury group Kering, owner of Gucci, has agreed to sell its beauty division to L’Oreal for €4 billion ($4.66 billion), marking the biggest deal in L’Oreal’s history and a major strategic shift for Kering under new CEO Luca de Meo.

20 Oct 2025-10:59