Demna remains at Balenciaga until July, with his first show for Gucci happening in September, meaning they’ll only hit stores in 2026. It’s a risky appointment, but Kering couldn’t afford to be ...

The VIP dinner, with a host committee including Salma Hayek Pinault and Madonna, supports organizations that address ...

The French luxury group's performance worsened in the second quarter as organic sales at its cash-cow brand fell by 25 ...

The Gucci parent company posted a 46% net income decline for the first half of fiscal 2025, while Q2 revenue sank 18%.

The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but has no plans to ...

At the end of 2022, Kering fourth-quarter sales had dropped by an eye-popping seven percent, and Balenciaga’s impressive sales growth, which had soared to 2.5 billion euros that same year ...

Gucci, Balenciaga struggle amid designer shakeup and ad controversy French luxury conglomerate Kering said its biggest brand, Gucci, booked a 14% drop in comparable sales over a three-month period ...

Balenciaga’s parent company, Kering, and other mega fashion brands in the same group, such as Gucci, Bottega Veneta, Alexander McQueen and Saint Laurent have remained silent.

French luxury group Kering is creating a position at the group level to oversee "brand safety" after a backlash from a Balenciaga advertising campaign dented sales in the final weeks of 2022.

Through the first nine months of the year, Kering’s Other Houses, where Balenciaga reports, is down 10%, from $3.1 billion to $2.9 billion, and in the third quarter alone, it took a sharp 19% dip.

Kering Q4 Forecasts Imply Balenciaga Ad Controversies Could Contribute to Declining Numbers: From its partnership with Ye to its ad scandal, the French luxury group has had its fair share of ...

Also teaming up with the NCA is Balenciaga’s parent company, Kering, which oversees other luxury brands including Saint Laurent and Bottega Veneta.