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Kering SA (KER.PA) News and Global Luxury Fashion & Retail Updates

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Kering SA (KER.PA) News and Global Luxury Fashion & Retail Updates

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Kering says Balenciaga creative director exits amid broader leadership overhaul

Artem Shendetskii
05.11.2026

Kering says Balenciaga creative director exits amid broader leadership overhaul

Kering is making another leadership change as the luxury group tries to halt a prolonged sales decline across key brands. Balenciaga creative director Pierpaolo Piccioli is leaving after less than ...

#Company News #Business

China luxury brands gain share as western rivals face weaker sales

Artem Shendetskii
24.10.2026

China luxury brands gain share as western rivals face weaker sales

China’s luxury downturn is exposing a sharp divide between weak overall spending and fast growth at some domestic premium brands. The shift is raising new questions for investors over whether ...

#China #LVMH #Hermès

Kering reports Gucci sales decline in third quarter as China traffic stays weak

Alena Volkova
22.10.2026

Kering reports Gucci sales decline in third quarter as China traffic stays weak

Luxury demand remains under pressure for Kering as its flagship Gucci label extends a multiyear sales slump in the third quarter. The performance keeps focus on the group's turnaround efforts, ...

U.S. luxury spending slowdown deepens ahead of midterm elections

Oleg Tkachenko
07.10.2026

U.S. luxury spending slowdown deepens ahead of midterm elections

Luxury groups are facing renewed pressure in their biggest market as signs of caution emerge among U.S. shoppers before the November 3 midterm elections. A fresh pullback in credit card purchases ...

#Business #LVMH

Luxury brands seek runway boost as sector slowdown deepens in Milan and Paris

Daria Chernytska
22.09.2026

Luxury brands seek runway boost as sector slowdown deepens in Milan and Paris

Luxury groups are using Milan and Paris Fashion Week to defend demand as weaker spending and geopolitical tensions cloud the outlook for high-end goods. Investors are watching whether costly ...

#CVS Health Corp #Hermès #LVMH

Ciaran Ryan
01.07.2026

Exemplar Luxury Group’s turnaround hinges on rebuilding luxury brand ties

After emerging from Chapter 11 with a new name, Saks’ successor is trying to stabilize both its finances and its relationships with top luxury suppliers. The restructured company, now called ...

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