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France's Kering sells 5.9% stake in Puma

French luxury goods group Kering said on Wednesday it would sell a 5.9% stake in German sportswear company Puma via a placement to investors. ....

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Gucci Celebrates 100 Years With New Watches And A New Movement

Gucci s centenary is the perfect opportunity for the company to really show off its expertise, both in design and in horologic know-how. Thus it is launching a new high watchmaking collection that comprises models within the Gucci 25H, GTimeless, Grip and high jewelry collections. ....

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Return of the luxe life: Global sales of high-end brands likely to bounce back to pre-Covid levels this year

›Return of the luxe life: Global sales of high-end brands likely to bounce back to pre-Covid levels this year
Return of the luxe life: Global sales of high-end brands likely to bounce back to pre-Covid levels this year
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Return of the luxe life: Global sales of high-end brands likely to bounce back to pre-Covid levels this yearReuters
Last Updated: May 17, 2021, 03:47 PM IST
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Synopsis
Bain now sees a 30% probability that sales of high-end handbags, clothes and jewellery will return to or exceed $340 billion this year.
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The industry s biggest groups such as LVMH, Hermes and Kering are already above their 2019 levels. ....

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Dolce & Gabbana CEO denies talks with Kering over possible tie-up - paper

By Reuters Staff
1 Min Read
The logo of Italian designers Dolce & Gabbana is seen at a branch office at Bahnhofstrasse shopping street in Zurich, Switzerland September 9, 2020. REUTERS/Arnd Wiegmann
ROME (Reuters) - Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday.
“I can absolutely deny it” CEO Alfonso Dolce said when asked about discussions with Gucci owner Kering.
Dolce added that the brand needed to focus on internal growth, brand positioning and the development of new product categories, but did not rule out the possibility of being part of a “broader Italian project” putting together several Italian brands. ....

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Welcome To IANS Live - ENTERTAINMENT - Salma Hayek's pet owl likes good wine

Photo Credit: IANS
IANSLive
Los Angeles, April 6 (IANS) Hollywood star Salma Hayek sleeps with her pet owl whenever her husband FranÃ§ois-Henri Pinault is away.
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Update: 06-April-2021 ....

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