All tagged yves saint laurent

Kering Expands Luxury Portfolio with Valentino Amidst Moderate Revenue and Executive Changes

Kering Expands Luxury Portfolio with Valentino Amidst Moderate Revenue and Executive Changes

Yvon Lux

Kering, the renowned luxury conglomerate that owns brands like Gucci, Yves Saint Laurent, and Bottega Veneta, has recently made headlines with its strategic moves in the luxury market. On Thursday, the company reported a modest 2% year-over-year revenue gain in H1, ending on June 30, totaling 10.1 billion euros (approximately $11.1 billion at current exchange rates). The figures show steady progress, but the company faces challenges as it lags behind some of its competitors like LVMH and Richemont.

Yves Saint Laurent and Brioni Go Fur Free 

Yves Saint Laurent and Brioni Go Fur Free 

Yvon Lux

Kering, one of the world’s largest luxury fashion companies and parent company to some of the biggest names in fashion–including Gucci, Yves Saint Laurent, Alexander McQueen, Balenciaga, Bottega Veneta and Brioni–announced today that it is going completely fur-free. The announcement is a significant blow to the declining fur trade and puts pressure on the few remaining fashion brands that continue to sell fur to follow suit.