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GUCCI OWNER
Gucci-owner Kering aims to launch luxury Google glasses next year: CEOGucci is set to launch smart glasses with Google next year. This move marks a significant entry into AI-powered eyewear. The brand aims to ...- Luxury goods company Kering and Ardian finalise New York property dealGucci owner Kering and private equity firm Ardian said on Tuesday they had completed a joint venture agreement for a New York property deal...
- Gucci owner sells beauty unit to L'Oreal for $4.7 billionIn a bold strategic shift, Kering, the parent company of Gucci, has decided to offload its beauty division to L'Oreal for a hefty $4.7 bill...
- Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debtGucci owner Kering is selling its beauty division to L'Oreal for 4 billion euros. This major deal includes the fragrance brand Creed and lo...
- European Commission fines Gucci, Chloé and Loewe $183 million for price interferenceThe European Commission has fined Gucci, Chloé, and Loewe over 157 million euros for anti-competitive pricing practices that restricted ind...
- Puma shares surge 10% after media report investors are preparing for takeoverShares in Puma jumped 10% on Wednesday, with traders pointing to a media report that two parties were preparing for a potential takeover of...
- Who is Luca de Meo, reported to be Kering's new CEO?Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has exp...
- Renault boss De Meo quits; report says he will head Gucci-owner KeringLuca de Meo, the Renault CEO, is departing. He might head to Kering, the owner of Gucci. De Meo successfully turned around Renault. He over...
- Gucci owner buys stake in French cruise line AquaTerms of the deal were not disclosed, but the announcement was made in mid-January. The Aqua acquisition is a small one in terms of assets:...
- Fashion resale site Vestiaire Collective launches crowdfunding, eyes IPO in 2025Vestiaire Collective, the second-hand fashion marketplace, has launched a crowdfunding campaign to raise at least one million euros ($1.09 ...
- Gucci's new director launches shimmering, elegant men's clothing line for Milan Fashion WeekThe 40-year-old Neapolitan playfully embellished a classic wardrobe with glittering chokers, sequined tank tops and satin bomber jackets.
- Gucci's new designer Sabato De Sarno unveils minimalist glamour in debut collection at MilanGucci's new designer, Sabato De Sarno, showcased a minimalist collection in his highly anticipated debut fashion show. The collection featu...
- Gucci's most recent advertisement for Harry Styles draws flakHarry Styles and Gucci have been receiving criticisms about their latest advertisement campaign. Harry Styles, the popular singer, is featu...
- Prada SpA hires former Luxottica head, Andrea Guerra, as new CEO, replacing duo Patrizio Bertelli and Miuccia PradaPrada SpA, the Italian design brand, selected Andrea Guerra as its next CEO, succeeding the husband-and-wife team of Patrizio Bertelli and ...
- Harry Styles grateful to fans for reuniting him with his Gucci Lion ring after losing it at CoachellaHarry Styles got back his Gucci ring that he had misplaced at the Coachella music festival. His fans returned the Harry Styles lost ring, a...
- Facebook, Gucci file joint lawsuit against alleged counterfeiterOnline sales of luxury handbags, shoes and garments have boomed over the past year as the coronavirus pandemic forced retailers to temporar...
- European shares edge higher, luxury stocks hit by weak resultsThe pan-European STOXX 600 rose 0.3% by 0719 GMT, while the German DAX gained 0.5% and London's FTSE 100 was up 0.6%.
- Paris billionaire rivalry fuels pursuit of Tiffany, MonclerThe rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending. Since 2001, when Ker...
- Gucci owner Kering may acquire sports brandsAny deal will hinge on Kering’s ability to reverse the fortunes of Puma, Europe’s second-largest sporting-goods maker, which has been under...
- Luxury item prices soar as brands attempt to go upmarketKim Kardashian might as well be naughty this Christmas, because even if she's nice her fiance is unlikely to shell out for a Louis Vuitton ...
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