Kering news and archive

Pierre Houlès to lead digital transformation at Kering

Kering has appointed Pierre Houlès as chief digital, AI and IT officer. The French luxury goods group announced the appointment for the newly created position on Tuesday. Houlès joins the executive committee with immediate effect, reporting to Jean-Marc Duplaix, group chief operating officer. As chief digital officer, Houlès will advance the...

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Kering launches dedicated jewellery division to accelerate growth

Luxury conglomerate Kering has created a dedicated jewellery division, Kering Jewellery, bringing together the Houses Boucheron, Pomellato, Dodo, and Qeelin, as well as the group’s industrial capabilities, including the Raselli Franco Group, as it looks to create a new structure designed to accelerate the growth of its jewellery business. The...

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Alexander McQueen initiates redundancy proceedings for 54 employees in Italy

Alexander McQueen has begun redundancy proceedings for 54 employees in Italy. “Regarding the collective redundancy procedure initiated yesterday, March 12, 2026, by Alexander McQueen, which affects 54 employees out of a total of 181, we express strong concern and clear opposition. This decision risks having an extremely significant social and...

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Fashion |In Pictures

Pierpaolo and the 'humanity' of Balenciaga

Madrid – A focal point of the recent Paris Fashion Week, Spanish heritage house Balenciaga closed Saturday’s schedule with its AW26 menswear and womenswear showcase. The collections leaned heavily into the Renaissance and Baroque influences that once guided the brand's founder, Cristóbal Balenciaga. Presented on 7 March, the show marked...

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Kering creates 'industry' and 'client' divisions to boost brand growth

French luxury giant Kering, currently undergoing a major transformation, announced on Monday the creation of two new divisions. These are designed to enhance its operational efficiency and support the growth of its brands, including Gucci, Yves Saint Laurent, and Balenciaga. “The relevant teams within the houses will report functionally to these...

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Fashion |Opinion

Milan Fashion Week was an era of infinite opinions. Who is fashion really for?

As Milan Fashion Week drew to a close, one thing felt undeniable: everyone is now a fashion critic. Not just the front row. Not just the legacy editors. But analysts, Substack writers, TikTok commentators, luxury consultants, meme accounts and armchair aesthetes alike. The more interesting question is not whether opinions are polarised, they...

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Gucci champions street style with shoulder-slung bum bags, bare midriffs and double G thongs

The intentions and sentiments are good. “This first show of mine for Gucci introduces a universe of people, archetypes, consumers and dress codes destined to inspire my creative language for the future. It is a beginning, but already a mature one, full of intention,” Demna wrote in a letter on show day. However, it is well known that numbers are...

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In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...

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Professional equality: When Kering turns social responsibility into an intangible asset

As the luxury sector enters a phase of structural rationalisation, performance is no longer measured solely by income statements. Social governance, employer attractiveness and mastery of non-financial criteria are becoming key competitive variables. In this context, Kering's publication of its 2025 Professional Equality Index goes far beyond a...

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People|CEO Profile

Francesca Bellettini: the CEO forging Gucci's future

In an industry defined by dynamic shifts and heritage, the appointment of Francesca Bellettini as president and chief executive officer of Italian luxury maison Gucci in September 2025 marks a pivotal moment. With Gucci, the flagship brand of the French luxury group Kering, still facing declining sales and profits, Bellettini has been entrusted...

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Kering 2025: moment of truth for François-Henri Pinault's powerhouse

The luxury sector is no longer smooth sailing, and Kering (Kering) has become its most sensitive barometer. With a 13 percent decline in turnover, compressed profitability, and Gucci still undergoing reconstruction, the French group concludes a 2025 financial year that management describes as transitional. Investors, however, see it primarily as...

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Generation award: Kering sets its sights on the MENA region

Kering is strengthening its influence in the Middle East and North Africa regions. By launching the Kering Generation Award in the MENA region, the luxury group is establishing itself in the local economic landscape. Its objective is to provide startups in these territories with the means to “shape the future of fashion”. This announcement...