Luxury international brands are focusing on exploring China's massive market by appealing to younger consumers at this year's. Many are showcasing products that blend Chinese cultural elements with ...

The luxury industry is in a slump. Dolce & Gabbana's strategy is to create affordable pieces with SKIMS, Kim Kardashian's shapewear label.

Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...

Gucci accounts for about half the group’s revenues and two-thirds of operating profit, making its revival vital for Kering — ...

Read what analysts think of Burberry's turnaround plan that involves cost cutting of 40 million pounds and focussing on core ...

While Burberry’s products stepped up under former CEO Jonathan Akeroyd and designer Daniel Lee, who remains creative director ...

The Milanese house is promoting itself in China with a retrospective showcasing its history and edgy photo campaigns from the ...

That could leave profit margins under pressure for a while. There is only so much cost cutting a top luxury brand can do without damaging its image. Kering will close some Gucci stores next year ...

Welcome to the Kering 2024 Third Quarter Revenue ... Wholesale was down 20%, as the brand continues to raise control over its distribution under challenging business conditions.

Poulou said Kering is happy with the new aesthetic adopted by Gucci under Sabato de Sarno, the creative director who was appointed in early 2023. The designer brought a more minimalist style to the ...