On April 2, Reuters revealed that Marco Bizzarri, former CEO of Gucci, has established a new investment firm.
Tag: KERING
On March 22, Valentino’s Creative Director Pierpaolo Piccioli announced his retirement. Piccioli’s successor will be announced shortly.
Boucheron, a well-established Parisian jeweler, has made a strategic acquisition of High Jewelry workshop, renowned for its excellent expertise in traditional craftsmanship, located near Place Vendôme in Paris. With this acquisition, the brand strengthened its commitment to expand its production capacity.
Generative AI technologies have the potential to transform a wide variety of customer touchpoints, including e-commerce sites, targeted advertising, and the customer experience in physical stores.
Tapestry, the parent company of Coach, is acquiring Capri Holdings, which owns fashion brands such as Michael Kors, Versace, and Jimmy Choo. The purchase price is approximately $8.5 billion.
On July 27, Kering announced that they will acquire a 30% stake in Valentino from Qatari investment firm Mayhoola, the parent company of Valentino, for a cash consideration of €1.7 billion.
Italian fashion house GUCCI and its parent company Kering have announced the appointment of Italian designer Sabato de Sarno as their new creative director, succeeding Alessandro Michele.