This is Beirut, 20/10 13:00 - Reading : 1 minute(s)
Gucci Luxury L'Oréal Culture Art
Debt-laden French luxury group Kering is selling its beauty products business, including its leading perfume brand Creed, to cosmetics giant L’Oréal in a deal worth $4.6 billion, the companies said Sunday. The deal also gives L’Oréal 50-year exclusive licenses to develop and distribute products under Kering’s fashion labels Gucci, Bottega ...
This is Beirut, 23/09 10:30 - Reading : 3 minute(s)
Balenciaga Gucci Milan Italy Culture Art
Maverick Georgian designer Demna makes his debut for Gucci at Milan Fashion Week on Tuesday with a film featuring a family of Italian characters bursting with attitude, as the house pledged a "new era" in its history. The 44-year-old took over at Gucci in July after a decade at fellow Kering brand Balenciaga, tasked with helping reverse falling ...
This is Beirut, 30/07 14:00 - Reading : 3 minute(s)
Gucci Fashion Luxury Art Culture
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing. Group net profit fell to 474 million euros ($547 million) in the first half from 878 million in the same period last year, on sales ...
This is Beirut, 16/06 19:45 - Reading : less than a minute
Gucci Luxury Kering Luca de Meo France Culture
French luxury group Kering announced Monday that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive as sales at its leading brand Gucci have slumped. The appointment "marks a decisive step in the evolution of Kering's governance and strengthens the Group's leadership as it enters a new phase of ...