Conglomerates

Delphine Arnault Confirms Jonathan Anderson’s Dior Takeover
In a rare in-depth interview, the Dior chief executive talks to BoF’s Imran Amed about the logic for hiring Anderson to oversee both the men’s and women’s sides of the business and how the French mega-brand plans to recapture customers amid a sharp downturn in the luxury sector.

Delphine Arnault Confirms Jonathan Anderson’s Dior Takeover
In a rare in-depth interview, the Dior chief executive talks to BoF’s Imran Amed about the logic for hiring Anderson to oversee both the men’s and women’s sides of the business and how the French mega-brand plans to recapture customers amid a sharp downturn in the luxury sector.

Confirmed: Dior Artistic Director Maria Grazia Chiuri Steps Down
The Italian designer in charge of Dior’s womenswear is leaving the LVMH-owned megabrand after a transformative nine-year tenure during which sales quadrupled before being hit hard by a sharp downturn in luxury demand.

Confirmed: Dior Artistic Director Maria Grazia Chiuri Steps Down
The Italian designer in charge of Dior’s womenswear is leaving the LVMH-owned megabrand after a transformative nine-year tenure during which sales quadrupled before being hit hard by a sharp downturn in luxury demand.

Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem
A string of acquisitions piled up debts just as the industry entered a prolonged slump. Now, those debts are getting harder to manage.

Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem
A string of acquisitions piled up debts just as the industry entered a prolonged slump. Now, those debts are getting harder to manage.

Hello, Goodbye: Maria Grazia Chiuri’s Next Chapter
If there was ‘beautiful confusion’ in the mix of cruise and couture the powerhouse designer paraded in Rome on Tuesday night, the standing ovation at the end of the show left little doubt she was saying goodbye to Dior after a transformational near-decade tenure and hello to her next act, resurrecting the storied Teatro della Cometa.

Hello, Goodbye: Maria Grazia Chiuri’s Next Chapter
If there was ‘beautiful confusion’ in the mix of cruise and couture the powerhouse designer paraded in Rome on Tuesday night, the standing ovation at the end of the show left little doubt she was saying goodbye to Dior after a transformational near-decade tenure and hello to her next act, resurrecting the storied Teatro della Cometa.

Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.

Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.

The Logic Behind Balenciaga’s Pierpaolo Piccioli Appointment
Kering has named the former Valentino designer known for his deft use of colour and sculptural couture to succeed Demna in an apparent reset at the Paris-based brand.

The Logic Behind Balenciaga’s Pierpaolo Piccioli Appointment
Kering has named the former Valentino designer known for his deft use of colour and sculptural couture to succeed Demna in an apparent reset at the Paris-based brand.

Richemont Sales Jump on Strong Demand for Cartier
Sales in the Swiss group’s all-important jewellery unit soared 11% in the most recent quarter, making Richemont more resilient than rivals like LVMH in a challenging market for luxury goods.

Richemont Sales Jump on Strong Demand for Cartier
Sales in the Swiss group’s all-important jewellery unit soared 11% in the most recent quarter, making Richemont more resilient than rivals like LVMH in a challenging market for luxury goods.

Balenciaga Names Nathalie Raynaud Deputy CEO
The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.

Balenciaga Names Nathalie Raynaud Deputy CEO
The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.

Alexandre Arnault’s Moët Hennessy Test
The former Tiffany executive and son of Bernard Arnault has been handed a daunting task: reviving LVMH’s famed Moet Hennessy drinks business in the midst of a tariff war.

Alexandre Arnault’s Moët Hennessy Test
The former Tiffany executive and son of Bernard Arnault has been handed a daunting task: reviving LVMH’s famed Moet Hennessy drinks business in the midst of a tariff war.

Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci
The 88-year-old founder of Kering SA has seen his net worth drop by 29 percent to $18.6 billion since August 2021.

Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci
The 88-year-old founder of Kering SA has seen his net worth drop by 29 percent to $18.6 billion since August 2021.

Kering’s Woes Deepen as Gucci Sales Tumble 25%
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.

Kering’s Woes Deepen as Gucci Sales Tumble 25%
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.

Hermès Heir ‘Strongly Contests’ Lawsuit Over $16 Billion Fortune
Honor America Capital LLC accused Nicolas Puech, a fifth-generation descendant of the Hermès founder, of failing to deliver Hermès International SCA shares worth $16 billion as part of a sale agreement. Puech’s lawyer stated his client wasn’t involved in the deal.

Hermès Heir ‘Strongly Contests’ Lawsuit Over $16 Billion Fortune
Honor America Capital LLC accused Nicolas Puech, a fifth-generation descendant of the Hermès founder, of failing to deliver Hermès International SCA shares worth $16 billion as part of a sale agreement. Puech’s lawyer stated his client wasn’t involved in the deal.