Luxury

An investment year for Capri

Aug 8, 2019 / United Kingdom

The UK-based group has announced first quarter results with total revenue growing by 11.9%. The management of the Capri Holdings reaffirmed this will be the year to invest heavily in the business

Brands Capri Companies Footwear Luxury Quarter Results Results United Kingdom

Kering: strong growth in revenue

Jul 29, 2019 / France

The French-based luxury group has announced two digit growth for the first half of the year with 18.8% for year on year revenue growth

Companies France Leather goods Luxury Quarter Results Results Shoes

Chanel appoints first Senior Executive for Diversity

Jul 19, 2019 / France

Fiona Pargeter is joining Chanel from Swiss Bank UBS where she was head of Diversity and Inclusion for Europe, the Middle East and Africa

Companies France Luxury Management People

The Kering Group, owner of Bottega Veneta, announced the appointment of Bartolomeo Rongone as CEO of the brand, effective from the 1st of September 2019. He will report to François-Henri Pinault, Chairman and CEO of Kering and will be a member of the Group’s Executive Committee

Brands Companies Italy Kering Luxury Management People

Neiman Marcus with significant loss

Jun 12, 2019 / United States

The Texas-headquartered department store group reported falling third quarter revenue. Net loss reached 31.2 million US dollars, a worse result than the 19.9 million US dollars net loss from the previous year

Companies Luxury Quarter Results Results Retail United States

Kering to relocate Swiss logistic activities

May 29, 2019 / Switzerland

After the agreement with Italy’s Inland Revenue the French luxury group Kering might be on the verge to relocate most of its logistic activities to Italy

Companies France Italy Kering Legal Logistics Luxury Switzerland

Harrods: world’s best performing luxury department store

May 17, 2019 / United Kingdom

The famous 170-years old luxury department store has proven its deep-rooted experience in the retail arena and scored in first ahead its competition

Luxury Retail Shoes United Kingdom

London leads opening of global luxury stores

May 2, 2019 / United Kingdom

Despite the current challenges within the UK retail market, London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills

Companies Fashion Footwear Luxury Shoes United Kingdom

Kering with good performance

Apr 24, 2019 / France

The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent

Companies Footwear France Kering Leather goods Luxury Quarter Results Results Shoes