Kering
This coverage focuses on Kering’s strategic direction and performance within the UK retail sector. Reporting includes brand developments, financial results, leadership changes, and market trends — all analysed for their impact on luxury retail operations and market positioning. The content is tailored for retail executives, brand managers, and professionals overseeing operations in the premium and luxury retail segments.
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Apr- 2018 -25 AprilLuxury Goods
Kering revenue boosted by Gucci’s ‘spectacular growth’
Luxury goods group Kering has announced 36.5% revenue growth for the first quarter of 2018, driven by a 49% rise in revenues at Gucci. Thanks to “favourable market conditions” Kering reported that its group revenues for Q1 totalled £2.72bn. Kering attributed the growth to the group’s online sales which “more…
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Mar- 2018 -26 MarchLuxury Goods
Gucci owner Kering faces tax investigations
Swiss prosecutors have opened an investigation into luxury fashion giant Kerring over alleged tax evasion after a request for assistance from Italian authorities. According to reports, an Italian inquiry which began in November 2017 looked into whether profits Kerring made on Gucci sales in Italy had actually been declared in…
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Jan- 2018 -25 JanuaryClothing & Shoes
H&M and Kering named among world’s most sustainable corporations
H&M and Kering are the only fashion retailers to be named in an annual ranking of the world’s most sustainable corporations. The Corporate Knights’ Global 100 index, which was announced at the World Economic Forum in Davos, Switzerland, named H&M as the most sustainable speciality retail company. Meanwhile Kering was…
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15 JanuaryEconomy
Kering offloads 70% stake in Puma
Luxury goods group Kering has announced plans to sell a 70% stake in sportswear brand Puma amongst its shareholders. Post transaction, Kering would retain approximately 16% of Puma shares outstanding. Artémis, which holds 40.9% of Kering’s shares, would become a long term strategic shareholder of Puma with an ownership of…
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