Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French
luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.
April 6 (Reuters)- French
luxury group Kering said on Friday it had taken steps to sell skatewear label Volcom, its last remaining non luxury brand, as it focuses on its high - margin, high - end labels.
Not exact matches
«In accordance with
Kering's strategy to fully dedicate itself to the development of its
luxury houses, Volcom no longer constitutes a core asset and
Kering has initiated a disposal process,» the
group said in a statement.
PARIS, March 28 -
Kering and fashion label Stella McCartney said on Wednesday they had agreed to end their 17 year partnership, as the British designer behind the brand buys the 50 percent owned by the French
luxury goods
group.
Francois - Henri Pinault, CEO of
luxury fashion
group Kering, explains why his company has not looked into buying designer shoe brand Jimmy Choo.
(French
luxury - goods
group Kering, which owns Gucci, set up its own eyewear business in March 2017 to better control distribution.)
According to Marie - Claire Daveu, the chief sustainability officer of
Kering — the
group behind Gucci and McCartney, and more than a dozen other high - end brands including Alexander McQueen and Balenciaga — these buzzy bits of news speak to a quieter shift going on behind the scenes:
Luxury fashion is getting a sustainable makeover.
Gucci is part of the
Kering Group, a world leader in apparel and accessories that owns a portfolio of powerful
luxury and sport and lifestyle brands.
In 1999, the
luxury goods division of the
Kering Group acquired Yves Saint Laurent and, under the creative direction of Anthony Vaccarello since April 2016, continues to position the house at the summit of the
luxury universe.
Although
Kering's acquisition of Puma was interpreted as the beginning of new lifestyle strategy at the conglomerate, Solca says «synergies between Puma and the
group's
luxury portfolio were never expected.»
These vehicles include
Luxury (car
group H), Convertible (car
group K), Premium SUV (car
group L), Standard Elite SUV (car
group S), Minivan (car
group V), and Full Size SUV (car
group Z).
KS: As Kempinski is the oldest European
luxury hospitality
group, the majority of the guests are certainly from our international key - feeder markets, such as Germany, Austria and Switzerland, as well as CIS countries.
Global
luxury group,
Kering, commits to industry - and country - leading carbon reduction targets LONDON (December 14, 2016)- The Science Based Targets initiative announced today that it has verified and approved
Kering's ambitious science - based target to reduce its greenhouse gas emissions by 50 % by 2025, demonstrating it is at the forefront of the
luxury industry in...
Kering, a global
luxury group in fashion, leather goods, jewellery and watches including Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, and Stella McCartney, is the first French company and the first
luxury company to have its emissions - reduction plan approved by the Science Based Targets initiative.