Gucci is the first luxury house to accept ApeCoin (APE) cryptocurrency in its US stores. The Kering-owned maison was quick to adopt digital currencies and will now offer shoppers the possibility to make in-store purchases using ApeCoin through BitPay, the world’s largest provider of online payment services. Gucci has been trialing a roll-out of...
Aug 4, 2022
Kering Group revenue in the first half of 2022 grew 23 percent as reported to 9,930 million euros and 16 percent on a comparable basis compared to the first six months of 2021. Group revenue also rose compared to the first half of 2019, up 28 percent on a comparable basis. In the second quarter of 2022, sales rose by 20 percent as reported and...
Jul 28, 2022
French luxury jeweller Chaumet will debut a new exhibition, Botanical, at the Beaux-Arts de Paris until September 4. The Kering-owned maison proposes a dialogue between the craft of its jewellery and a botanical vision that resonates with all forms of art, creating an immersive experience that recounts the beauty of plants across 7,000 years of...
Jul 27, 2022
The Watch and Jewellery initiative 2030 (WJI2030), a sustainable collaboration founded by Cartier, Richemont and Kering in October 2021, has appointed Iris Van der Veken as executive director and secretary general. Van der Veken has more than twenty years of experience in the jewellery, fashion and technology industries and was the former...
Jul 25, 2022
Luxury jeweller Pomellato Group has appointed Boris Barboni as Chief Marketing and Product Officer. The Milan-founded company will see Baroni in charge of strategy across both Pomellato and DoDo brands. Hailing from Bulgari, Mr Baroni held roles including Global Marketing Director and Managing Director of specific regions. Pomellato is one of...
Jul 6, 2022
Building a 10 billion euro fashion powerhouse is probably the dream of every conglomerate and luxury brand CEO. Currently only a few have achieved these monumental figures or at least managed to nudge toward to the divine ten bn. These include Louis Vuitton, Chanel, Gucci and Hermès. Kering on Wednesday said it aims to double the sales of Saint...
Jun 9, 2022
Business of Fashion (BoF) has released its annual Sustainability Index report, detailing performance assessments and key insights from 30 global fashion companies. Topping the list of the platform’s most sustainable brands were Puma and Kering, followed closely by Levi Strauss, H&M Group and Burberry. The 2022 assessment spans across six impact...
Jun 2, 2022
Gucci is launching a smart ring with finnish tech company Oura. Oura rings are a sleep and activity tracker measuring the physiological signals of one’s body in relation to their lifestyle. The company has marketed itself as a fashionable alternative to clunky wearable tech products and users appreciated the simplicity of its designs. The Gucci...
May 30, 2022
Earlier this month shares in bitcoin plummeted to its lowest value in over two years, but volatile or not, digital currencies are here to stay. Tag Heuer, the LVMH-owned luxury watchmaker, announced it too would accept cryptocurrency payments. In a press release Tag Heuer CEO Frédéric Arnault stated: “As an avant-garde watchmaker with an...
May 26, 2022
As far as collaborations go, the latest Gucci and adidas partnership is meant to evoke a sense of modern nostalgia, mixing the retro stripes of the sportswear giant with silhouettes and quirky design ethos of Gucci. The result is mix of products ranging from a studded clog to colourful co-branded bags and accessories to high-end outerwear. One...
May 20, 2022
In the west we all remember the days where the outside world was shuttered and we were in a government-enforced lockdown, which experts said would curtail the spread of Covid-19. Working from home, the only outing for many was a trip to the supermarkets, where bare shelves due to supply chain issues had become the norm. The rest of the physical...
May 11, 2022
Luxury conglomerate Kering has announced it will be presenting the 2022 Women in Motion award to actress Viola Davis during the Cannes Film Festival on May 22. The Golden Globe winner is being recognised for her commitment to the entertainment industry, as well as her dedication to the rights of women and minorities, with the luxury house...
May 10, 2022
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