Kering buys 30% of Valentino, could buy full control, forges close links with Mayhoola
There was big news on Thursday afternoon as Gucci owner Kering and Valentino owner Mayhoola said the French luxury giant has acquired a 30% stake in Valentino for €1.7 billion in cash.
Author: shalliday@fashionnetwork.com ( Sandra Halliday)
Miu Miu Summer Club celebrates its community with star guest Gigi Hadid
The Italian luxury brand, led by Miuccia Prada, privatized the famous Malibu Pier in Malibu on Wednesday evening. Over 500 guests, including Gigi Hadid, attended the event.
Author: no@email.fr ( Chenu Alexis)
Kering Q2 sales miss expectations as Gucci weighs
French luxury group Kering missed market forecasts for second quarter sales, eking out growth of just 3% and continuing to lag rivals as it seeks to turn around business at star label Gucci. Overall sales came in 4.
