Kering--which houses Gucci, Saint Lauren and Balenciaga--said Thursday that the divestment of the non-core asset will generate net proceeds of approximately 350 million euros ($364.8 million).

Kering, the parent company of Gucci, has sold its stake in three prime real estate properties in Paris. The sale comes as Kering seeks to secure cash due to poor performance from its flagship ...

Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal that will net the struggling owner of the Gucci fashion label €837 ...

Owner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...

After facing financial hurdles in 2024, Gucci’s parent company, Kering, is determined to bring fresh energy to its flagship brand. Adapting to changing consumer expectations, Kering is making ...

Here’s how it works. Whether you're a fan of The Frame or not, it's here to stay. Samsung's betting big on the design in 2025, releasing a string of new TVs with slimmer metal bezels and ...

The other operates on the Italian Riviera as the Mall Sanremo. Kering is the parent company of brands such as Gucci, Saint Laurent, Balenciaga and Alexander McQueen. These four brands have ...

Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron ...

This includes r/pcmasterrace, a PC gaming community currently embroiled in a virtual civil war over a highly divisive topic: AI-powered resolution upscaling and frame-gen technology. DLSS use has ...

When she stepped off Air Force One at Palm Beach International Airport three hours later, Melania Trump sported a psychedelic Gucci dress, a much more colorful, Florida-style caftan. "Being your ...

And trust me, that actually kind of pains me to say. For years now, I'd considered myself a staunch enemy of fake frames. Only those sweet real ones for me, thank you—ones borne of the blood and ...