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26 Jun

Kering Beauté Acquires Creed – WWD

Kering Beauté Acquires Creed – WWD
PARIS — Kering Beauté has made its first acquisition: Creed. The French luxury house said Monday that it has purchased the totality of the high-end area of interest fragrance house that’s controlled by BlackRock Long Term Private Capital Europe and the present chairman Javier Ferrán. Financial terms of the all-cash transaction weren't disclosed. Creed will join other perfume brands in Kering Beauté’s stable that include Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin. Creed is the primary area of interest fragrance brand to be owned by Kering, which announced early this yr that it was creating an in-house beauty division. The high-end luxury fragrance segment is a hot commodity today, among the many fastest growing in beauty. It’s been registering double-digit growth, plus high profitability...
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14 Jun

EXCLUSIVE: Kering Launches Corporate Communications and Event Strategy

EXCLUSIVE: Kering Launches Corporate Communications and Event Strategy
PARIS — To mark its tenth anniversary, Kering will launch a broad communications and event strategy to lift awareness of its history and brand values. The previous Prinault-Printemps-Redout, or PPR, became Kering in June 2013, because it morphed right into a pure luxury and fashion player under the direction of chairman and chief executive officer François-Henri Pinault. To have a good time a decade of the moniker, the corporate plans numerous projects to lift awareness and and brand recognition of the Balenciaga, Bottega Veneta, Gucci, Alexander McQueen and Saint Laurent parent company. A company promoting campaign will probably be launched within the third quarter of the yr to shine a highlight on the Kering corporate name and its role in the posh world. Cesar-nominated documentary...
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20 May

Kering Makes Donation to Italy’s Emilia Romagna Region Hit

Kering Makes Donation to Italy’s Emilia Romagna Region Hit
MILAN – Kering said Saturday it's making an undisclosed donation to Italy’s Emilia Romagna region, which has been hit by widespread flooding that caused no less than 14 deaths and left hundreds of individuals homeless. Kering follows within the footsteps of automotive giant Ferrari, headquartered in Maranello, also within the region, which donated 1 million euros to the regional civil protection agency. Kering said it's making the donation on behalf of its maisons, which include Gucci, Saint Laurent, Pomellato and Brioni, amongst others. In a press release the luxurious conglomerate expressed its closeness to people hit by the floods. The group counts over 13,000 employees in Italy. Occurring 11 years after the Emilia Romagna region was struck by back-to-back earthquakes in 2012, last...
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15 May

Kering Honors Carmen Jaquier, Nili Lotan’s L.A. Night, Prada’s

Kering Honors Carmen Jaquier, Nili Lotan’s L.A. Night, Prada’s
JAQUIER HONORED: Kering will award this 12 months’s Women in Motion Emerging Talent prize to “Thunder” director Carmen Jaquier. “I'm very grateful to receive this award, especially from a visionary and provoking director like Ninja Thyberg. Because of Women in Motion, I even have a sense of sorority, which touches me and offers me hope on this desire I even have for reflection, insurrection and transmission. I even have special feelings for all of the people — technicians, producers, screenwriters, actresses and actors — who fiercely committed themselves to my side for my first feature film, ‘Thunder,'” she said. The Swiss director was chosen by last 12 months’s honoree, Swedish director Thyberg. It's a Kering tradition for the Emerging Talent Award to...
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