A look by Kering brand Gucci

    Europe’s luxury giants discern green shoots in key China market

    By Bloomberg Published August 23, 2026 Europe’s biggest luxury firms are turning a little more positive on the crucial Chinese market, as a fragile spending recovery takes shape in the country. A look by Kering brand Gucci – Gucci Chinese household consumption is stabilising and even starting to rebound in some categories like high-end cosmetics,…

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    The Fashion Pact: luxury houses announce new initiative to decarbonise fashion’s supply chain

    The Fashion Pact: luxury houses announce new initiative to decarbonise fashion’s supply chain

    Translated by Nicola Mira Published November 12, 2025 The European Accelerator is a new initiative by The Fashion Pact, the non-profit organisation founded in 2019 to promote sustainability in fashion. The European Accelerator brings together major luxury names such as Chanel, Ermenegildo Zegna, Kering, Moncler and Prada, with the aim of advocating collective action, starting…

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    From left to right, Li Guoqing, deputy director of China International Import Expo Bureau; Liu Wei, Level-II inspector of Shanghai Municipal Commission of Commerce; Nicolas Forissier, French Minister Delegate for Foreign Trade and Economic Attractiveness; Luca de Meo, chief executive officer, Kering; Ji Shengjun, director of the Shanghai Fashion Week organizing committee

    Kering Signs Creative Residency Initiative with Shanghai Fashion Week

    LONDON — Doubling down on its commitment to China’s fashion and creative industries, French luxury group Kering on Wednesday signed a memorandum of understanding with Shanghai Fashion Week to launch Kering CRAFT, which stands for Creative Residency for Artisanship, Fashion and Technology. The new initiative was disclosed during the unveiling ceremony of the Kering Pavilion…

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    Aerial View of the Grand Canal and Basilica Santa Maria della Salute, Venice, Italy. Venice is a popular tourist destination of Europe. Venice, Italy.

    Fashion’s Sustainability Journey Unpacked at 2025 Venice Forum

    VENICE, Italy — As sustainability faces disruption and political backlash globally, fashion finds itself questioning how to move the needle forward after a decade of quantum leap efforts. Against a dampened economy and geopolitical turmoil, the stakes are higher than ever. Global supply chains, including Italy’s, are under pressure — and increasingly under scrutiny. Policymakers…

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    Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

    Kering sells beauty division to L’Oreal and says the companies will collaborate on wellness products

    French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 billion). Under the agreement, Clichy, France-based L’Oreal will acquire the House of Creed high-end fragrance company as well as licenses to create beauty and fragrance products for Kering brands like Gucci, Bottega Veneta and Balenciaga….

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