Sales at French luxury group Kering nearly doubled in the second quarter as coronavirus curbs were relaxed in much of the world, with its star fashion label Gucci accelerating sharply.
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47 published items with the word (s) or phrase Jean-Marc Duplaix in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Kering sales nearly double in Q2 as Gucci steams ahead")
Kering sales nearly double in Q2 as Gucci steams ahead -
![]( "Kering appoints Mélanie Flouquet as strategy director")
Kering appoints Mélanie Flouquet as strategy directorFlouquet, an outstanding analyst specialised in the luxury and financial markets, has joined Kering after twenty years at JP Morgan, to take on the newly created role of strategy director.
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![]( "Kering luxury brands recover from virus hit, though Gucci lags")
Kering luxury brands recover from virus hit, though Gucci lagsFrench luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.
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![]( "Gucci owner Kering's sales plunge, but Bottega Veneta sees smaller drop")
Gucci owner Kering's sales plunge, but Bottega Veneta sees smaller dropFrench luxury group Kering's Q2 comp sales plunged by 43.7% due to the coronavirus. Gucci comp sales fell 45% and Saint Laurent 48%, but recovering Bottega Veneta contained the drop in revenue to only 24.4%
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![]( "Gucci makes major cuts to wholesale network")
Gucci makes major cuts to wholesale networkAs previously announced, Kering's Gucci has executed an increasingly popular strategy among luxury fashion houses and reduced the number of its retail partners, notably cutting its wholesale network by 70% in Italy.
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![]( "Luxury post-Covid-19: Will China keep its promises?")
Luxury post-Covid-19: Will China keep its promises?The luxury industry is assessing the first effects of the relaxation of lockdown regulations in China. Most shops have been reopened since around a month and a different market appears to be emerging after the crisis.
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![]( "Gucci sales hit hard by start of virus outbreak in China")
Gucci sales hit hard by start of virus outbreak in ChinaGucci sales were hit hard at the beginning of the coronavirus crisis due to its strong reliance on Chinese customers, owner Kering said on Tuesday.
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![]( "François-Henri Pinault says Kering not currently envisaging new acquisitions")
François-Henri Pinault says Kering not currently envisaging new acquisitionsAt the presentation of the luxury group's annual results, boss François-Henri Pinault said there is no acquisition on the cards at the moment, the priority being ensuring the growth of Kering's own labels.
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![]( "Kering’s Q3 results: Gucci stabilises, Bottega Veneta picks up pace, Saint Laurent slows down")
Kering’s Q3 results: Gucci stabilises, Bottega Veneta picks up pace, Saint Laurent slows downDespite disruption in Hong Kong, Kering recorded a positive Q3 with revenue up by 14%, driven by strong performances by Gucci, Bottega Veneta and Saint Laurent, as the luxury group’s share price soared last Friday.
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![]( "Kering shares surge as Gucci shines despite Hong Kong protests")
Kering shares surge as Gucci shines despite Hong Kong protestsKering led a luxury goods share rally on Friday after its star fashion label Gucci posted stronger-than-expected sales, demonstrating how some brands have so far managed to counter the hit from protests in Hong Kong.