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The Latest Breaking News from Kering

How ‘dupes’, fast fashion and China’s economic slowdown spell disaster for the luxury sector

Alarm bells are ringing across the high-end sector. 2024 did not end as luxury brands had hoped, and the figures published by the sector’s main conglomerates painted a picture of slowdown and some signs of exhaustion during the last quarter of 2024.

The Conversation

Overdone price hikes, the demise of ‘quiet luxury,’ and sluggish European tourism—here's what Bank of America expects will shape luxury in 2025

“We think that like the game of snakes and ladders, 2025 will see many ups and downs for the luxury sector,” Bank of America analysts said.

Fortune

Gucci will need to make a comeback under its new CEO—and it won't be the first time for the languishing Italian luxury brand

Revenues at Gucci, Kering's biggest money maker, plunged 26% in the third quarter as a prolonged sales slump continues.

Fortune

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Louise Trotter is Bottega Veneta's new Creative Director - here's why Bottega fans should be excited

The British designer will take over from Matthieu Blazy in January

Marie Claire

Wooing the luxury consumer

‘Tis the season for luxury retail but giants like LVMH and Kering have been struggling while brands like The Row and Hermès continue to do well.

Fortune

Luxury Brands Shine At Notre Dame Reopening Ceremony

The reopening of Notre Dame in Paris after the 2019 fire showcased a blend of cultural renewal and luxury branding, sparking controversy over the presence ...

Top News

Notre Dame Cathedral's reopening spectacle capped a stellar year for luxury house LVMH

The reopening of Notre Dame was a solemn celebration of cultural and spiritual renewal

The Independent UK

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Bottega Veneta and Chanel Unveil New Creative Directors—One Who's a Historic Choice

Louise Trotter is the first female creative director of the house since the 1980s.

Marie Claire

Louise Trotter is named creative director of Bottega Veneta, as Matthieu Blazy moves on

Kering has announced that Louise Trotter has been named creative director of the Bottega Veneta fashion house

The Independent UK

5 investing trends for 2025—and 15 stocks to help you bet on them

How to play AI, luxury goods, defense, and more. (And while you're at it: Buy gold.)

Fortune

50 million people have stopped buying luxury brands like Dior and Burberry after 'broken promises' to customers

“A fabulous ice cream sundae is boring by the time you have it the fifth time,” a retail analyst told Fortune.

Fortune

Burberry Launches Turnaround Plan As Posts Loss

Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury sector pressured by weak Chinese demand.

International Business Times

Salma Hayek never signed prenup with husband François-Henri Pinault, who’s worth over $20bn

François-Henri Pinault, who married Hayak in 2009, is the billionaire CEO of luxury group Kering

The Independent UK

Salma Hayek feels 'pressure' to make money

Actress Salma Hayek has admitted she feels "pressure" to make money despite being married to billionaire businessman Francois-Henri Pinault - revealing she likes to make her own living.

BANG Premier

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The Guardian - UK

Fashion experts raise concern about return to ‘extremely thin models’

Data shows reverse in trend towards inclusivity with 95% of looks in 208 recent shows modelled by size-zero women

International Business Times

Bottega Veneta Holds Investors' Aces As Madonna Pops Into D&G Runway Show

As Milan Fashion Week nears its end, fashionistas are eagerly awaiting Bottega Veneta's Saturday show -- as are investors seeing the brand's sales rise each year.

The Independent UK

Kim Kardashian, Lindsay Lohan and more channel ‘demure’ glamour at charity dinner in New York

The Kering Foundation’s Caring for Women dinner brought together the crème de la crème of LA philanthropic stars.

The Guardian - UK

Kate’s wedding dress designer Sarah Burton named Givenchy creative chief

Macclesfield-born creative director left the top job at Alexander McQueen last year

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news in one place.

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The Guardian - US

Is luxury fashion in its flop era?

As #underconsumptioncore trends on TikTok and gen Z turns to vintage, high-end houses fret over stalling demand

Evening Standard

OPINION - Louis Vuitton medal trays can't hide the luxury slump that's afflicting fashion

Only the fashion industry could make partying while Rome burns (take your pick from global crises), look quite so fabulous. The night prior to the Olympic opening ceremony, Dame Anna Wintour jetted into Paris to host what felt like an extended version of June’s Vogue World event.

The Independent UK

Sabato de Sarno unveils Gucci precision saturated in color to close Milan Fashion Week

It’s been creative director musical chairs at some of Italy’s top fashion houses, and the pressure is showing, at least on social media

Marie Claire

Pierpaolo Piccioli Joins Balenciaga, Plus Other Major Industry Shake-Ups

The game of creative director musical chairs (and swirling rumours) continues

Fashion Times

Best Dressed Celebs on the Cannes Red Carpet

Celebrities really bring their A game to the red carpet, stopping to pose for pictures in glamorous gowns and amazing ensembles.

Evening Standard

Gucci gets into its new groove at Tate Modern London show — with help from Kate Moss and Debbie Harry

Creative director Sabato De Sarno delivers collection blending Englishness with Italian flourish

Fashion Times

The Crazy Designer Moves and Shakeups on Planet Fashion is Getting a Little Ridiculous

We can barely get confident pronouncing designers' names before they're back out through the industry's ever-revolving door.

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