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French group Kering, the brand behind luxury houses like Gucci, Saint Laurent and Balenciaga, is investing a whopping $963 million in prime New York City property, the company said in a press ...
In six months to the end of September, Burberry clocked in a sales growth of 4% to £1.4 billion (about $1.7 billion). However, the coat-maker’s operating profit plunged 15% for the same period.
Stefano Cantino, who had previously worked at Prada and Louis Vuitton, took over Gucci’s helm on Jan. 1 and will steer the brand through an uncertain 2025. The 104-year-old Gucci is no stranger ...
In 2014, Kering created its own eyewear production arm, Kering Eyewear, growing its revenue to 1.5 billion euros in 2023, and acquired the eyewear brands Lindberg in 2021 [30] and Maui Jim in 2022. [31] The traditional Balenciaga house was turned into a disruptive fashion house [32] and Yves Saint Laurent hit the 2-billion dollar sales mark in ...
Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering's executive committee in 2012.
[10] [11] In 1988, Maurizio Gucci sold almost 47.8% of Gucci to Investcorp, [12] and withheld the other 50% until 1993. [13] The company diversified in 1997 into hedge funds. [14] Kirdar stepped down as CEO and executive chairman in 2015. [15] [9] With Kirdar resigning, Mohammad Alardhi became the Executive Chairman of the company. [7]
Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [2] [3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company.
MILAN — Gucci is championing regenerative agriculture, tackling climate change and going beyond its commitment to total carbon neutrality. During the virtual World Economic Forum in Davos, Marco ...