Yves Saint Laurent
This coverage explores Yves Saint Laurent’s strategy and operations in the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes store openings and refurbishments, marketing campaigns, product launches, leadership changes, and the brand’s positioning in the luxury fashion, beauty, and accessories sectors. The analysis helps professionals assess Yves Saint Laurent’s growth plans, customer engagement, and competitive approach in premium retail.
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Oct- 2023 -26 OctoberLuxury Goods
Kering Q3 revenues fall 13% amid cooling luxury demand
Kering Group, the owner of luxury brands Gucci, Yves Saint Laurent and Bottega Veneta, revealed that group revenues were down 13% to €4.5bn (£3.9bn) in Q3. This comes as the group’s revenues from its directly operated retail network fell 6% on a comparable basis, reflecting lower traffic and contrasted performances…
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Jul- 2023 -19 JulyPeople Moves
Gucci CEO Marco Bizzarri to step down
Marco Bizzarri, president and CEO of Gucci since 2015 and a member of Kering’s executive committee since 2012, is set to stand down from his position, effective 23 September 2023. It comes as Kering, which owns the Gucci brand, announced a series of appointments aimed at strengthening the organisation. Jean-François…
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Apr- 2023 -27 AprilNews
Kering Q1 revenues hit €5bn amid ‘mixed’ results
Luxury goods company Kering has reported revenues of €5bn (£4.4bn) in its first quarter, up 2% on a reported basis and 1% on a comparable basis, though warned its overall performance remains “mixed”. Gucci sales in the directly operated store network grew 1% on a comparable basis relative to the…
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Jul- 2022 -13 JulyHigh Street
Justmylook debuts first flagship store
Online beauty retailer Justmylook is due to make its debut in physical retail, with the opening of its first store this Wednesday. The store is located in Brighouse, West Yorkshire. Fashioned in a light industrial theme accentuated with feature lighting, the space will be home to over 40 brands, from…
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Feb- 2022 -18 FebruaryLuxury Goods
Kering hails ‘record’ revenues of €17.64bn
Kering has reported “record” revenues of €17.64bn (£14.72bn) in FY21, up 35% year-on-year from €13.1bn (£10.93bn) and up 13% from pre-Covid levels of €15.88bn (£13.25bn), with growth across all houses within the company and across all regions. Additionally, Kering achieved “record” operating income, growing 60% year-on-year to €5.01bn (£4.18bn), up…
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Aug- 2021 -25 AugustPeople Moves
Capri Holdings names Joshua Schulman as Michael Kors CEO
Capri Holdings has named Joshua Schulman as the new CEO at Michael Kors, effective immediately. The group also revealed that Schulman will take over the role of CEO at Capri, who also owns Versace and Jimmy Choo, following John Idol’s move to executive chairman in September 2022. As CEO at…
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Jun- 2021 -16 JuneHigh Street
Boohoo opens talks for Debenhams store return
Boohoo is reportedly in talks to open a Debenhams store in a bid to land deals with a number of beauty brands. According to the Times, “one store and one store only” will be opened to cater for those brands that would only supply when there is a physical retail…
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Apr- 2021 -22 AprilLuxury Goods
Kering’s Q1 revenues return to pre-pandemic levels
Luxury fashion group Kering has revealed that its revenues for the first quarter of the year have returned to pre-pandemic levels as consolidated revenues spiked 25.8% year-on-year. Kering claimed that the growth was driven by an uptick in sales of 83% in Asia-Pacific and 46% in North America. Moreover, online…
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Nov- 2018 -27 NovemberLuxury Goods
Kering to take e-commerce in-house by 2020
Luxury fashion house Kering has announced it is to bring its e-commerce entirely in-house by 2020. The company that owns brands such as Gucci, Yves Saint Laurent, Alexander McQueen and Balenciaga will leverage its in-house technology and operations team to fully internalise the e-commerce activities currently handled through its joint…
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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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