Kering news and archive

Retrospective: Kering celebrates Demna Gvasalia’s fashion creations for Balenciaga

The ‘Balenciaga by Demna’ exhibition was held at Kering. Open until July 9, 2025, it traced Gvasalia’s journey as creative director of Balenciaga, from 2015 to 2025. The cross-shaped installation had a religious feel. It began with a photocopy of the first email exchange between Balenciaga and Gvasalia, in which the brand stated it was not...

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Business

Why Kering founder Pinault chose Luca de Meo as CEO

French luxury group Kering appointed Luca de Meo as its new chief executive officer. François-Henri Pinault stepped down after more than 20 years. Why did the Kering founder consider the Renault boss the best candidate to lead the company into a new phase of growth after the disappointing business performance of recent quarters? Long process...

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Struggling Gucci owner's shares soar over new CEO reports

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Renault shares, however, fell following its announcement Sunday that Luca de Meo, 58, would step down on July 15 "to take on new challenges outside the automobile sector"...

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Luca de Meo exits Renault, reportedly joins Kering as CEO

Luca de Meo has resigned from his position as chief executive officer of Renault and, according to French newspaper Le Figaro, could become CEO of the luxury group Kering. The news comes as Kering’s chairman and chief executive officer, François-Henri Pinault, decided to separate his respective roles The news that de Meo was leaving his position...

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Is François-Henri Pinault stepping back from Kering?

Paris - 63-year-old François-Henri Pinault, chief executive officer of French luxury group Kering (Kering), is reportedly planning to separate the roles of chairman and chief executive officer. This information was published on Thursday by the business magazine Challenges. According to the magazine, which did not cite its sources, Pinault will...

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Kering eyewear acquires Italian eyewear manufacturer Lenti

French luxury group Kering SA has reinvested in its eyewear division. Kering Eyewear acquired Italian eyewear manufacturer Lenti, the company announced on Tuesday, April 3, 2025. The acquisition marked another milestone in the Kering subsidiary’s ongoing industrial development strategy and offered the opportunity to build in-house expertise for...

Fashion

In times of crisis, luxury brands turn to the new guard of designers

Matthieu Blazy at Chanel, Jonathan Anderson at Dior and Demna at Gucci: luxury’s leading brands turned to the creativity of relatively low-key designers in their forties to address the economic challenges facing the sector. Following months of speculation and his arrival at Dior Homme, forty-year-old Jonathan Anderson was appointed creative...

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Fashion |Opinion

Creative direction reshuffle: Does the trust between CEO and creative director have an expiration date?

With Maria Grazia Chiuri's departure from Dior now official, new appointments are anticipated. It seems as though all that is missing is the station master's whistle and the call of “all aboard” to begin this latest journey towards a new creative direction in luxury fashion. We are witnessing a continuous reshuffling of creative directors; only...

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Fashion

Kering Eyewear to develop smart glasses with Google

Kering Eyewear, part of luxury fashion group Kering, has inked a new partnership with Google to develop AI-powered “smart glasses” with Android XR. The collaboration is being described as a “new chapter in design for smart glasses” as it will combine Kering Eyewear’s high-end eyewear expertise, known for its collections with Gucci and Saint...

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Kering issues new 750 million euro bond

The French luxury group Kering SA has obtained fresh capital by means of a new bond. The bond, with a volume of 750 million euros, has a term of four and a half years and an interest rate of 3.125 percent, the parent company of fashion houses such as Gucci, Saint Laurent, Bottega Veneta and Balenciaga announced on Tuesday. The issue took place...

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Who is Pierpaolo Piccioli: From his synonymous uniform to his protection of freedoms

Pierpaolo Piccioli's new path has now been unveiled. The Italian designer has been named as the successor to Demna at Balenciaga, where he will unveil his first collection for the Kering-owned brand in October, at Paris Fashion Week. Here is everything you need to know about him. Pierpaolo Piccioli was born in Rome on August 29, 1967. He lives...

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Fashion

Balenciaga names Pierpaolo Piccioli Creative Director amid strategic overhaul at Kering

Kering has appointed Pierpaolo Piccioli as the new creative director of Balenciaga, marking a pivotal moment in the French luxury conglomerate’s broader effort to stabilise and reposition its flagship fashion houses after a challenging 2024. The group reported a 12 per cent drop in annual revenue for 2024, with widening losses at Gucci, as well...