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Today: April 16, 2026
Today: April 16, 2026

Kering

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Gucci-owner’s new strategy looks half dressed

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)

Gucci-owner’s new strategy looks half dressed
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Gucci can no longer treat China like a 'trash bin', Kering CEO says

Kering's biggest brand Gucci must rebuild its position in China after years of complacency when it treated the market as a place for easy growth

Gucci can no longer treat China like a 'trash bin', Kering CEO says
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Gucci-owner Kering aims to launch luxury Google glasses next year, CEO says

Kering aims to launch smart glasses under the Gucci brand in partnership with Google next year, CEO Luca de Meo told Reuters, becoming

Gucci-owner Kering aims to launch luxury Google glasses next year, CEO says
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Kering CEO pledges to double profit margins and revive Gucci brand​

Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci

Kering CEO pledges to double profit margins and revive Gucci brand​
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LVMH reports sales hit from Iran war in blow to hopes for luxury revival

French luxury giant LVMH said the Iran war shaved at least 1% off its total group sales in the last quarter due to lower spending in the Gulf region, and

LVMH reports sales hit from Iran war in blow to hopes for luxury revival
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After tackling Kering's debt problems, de Meo faces the Gucci challenge

Seven months into the job, Luca de Meo has bought himself time as CEO of Gucci owner Kering. This week he has to prove he knows how to use it.

After tackling Kering's debt problems, de Meo faces the Gucci challenge
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'Dior is back:' Menswear turns a corner in Paris as Jonathan Anderson hones his vision

Dior’s menswear show arrived with a stripped-back set and a loud signal of intent: spiky neon-yellow wigs that read like a flag planted in the Paris runway

'Dior is back:' Menswear turns a corner in Paris as Jonathan Anderson hones his vision
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Kering CEO plans 'House of Dreams' investment arm to help trim reliance on Gucci

Kering's new CEO Luca De Meo plans to set up a new unit to scout for up-and-coming brands to invest in, documents seen by Reuters show, as he

Kering CEO plans 'House of Dreams' investment arm to help trim reliance on Gucci
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Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo 

Kering's return to growth will require reducing its reliance on struggling flagship Gucci, further scaling back its store network and chasing more synergies, Chief

Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo 
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Holiday test looms as luxury brands chase elusive rebound

A surge in luxury stocks has piled pressure on fashion houses including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate

Holiday test looms as luxury brands chase elusive rebound