News & Reviews

Kering: Record Growth in Revenue and Profits in First Half 2017

First-half consolidated revenue: €7,296.2 million, up 28.2% as reported, 26.5% on a comparable basis Luxury activities: up 29.7% as reported, 28.3% on a comparable basisSport & Lifestyle activities: up 16.1% as reported, 14.3% on a comparable basis Recurring operating income: €1,274.1 million, up 57.1%Sharp rise in operating margin: 17.5%Net income, Group share: up 77.6% Regulatory News: Kering (Paris:KER): “Thanks to...

Sunglasses with couture appeal

Designer Elie Saab Launches Haute Couture Eyewear To Match His Extraordinary & Overtly Feminine Creations Elie Saab’s haute eyewear collection really is a delight full of eastern promise retaining the Maison’s luxurious reputation for innate elegance that has evoked the spirit of Arabian Nights and the mystery of black magic so famously depicted in old Middle Eastern fairytales for nearly four decades. Famed for carrying a message of subliminal freedom, merging the values of the Middle...

Kering Group Sued Over "Made in Italy" Eyewear Claims

11:39 AM PDT 6/19/2017 by Sam Reed According to a new lawsuit, eyewear for Gucci, YSL and Brioni is actually made (mostly) in China. Along with designer emblems and fat price tags, a "Made in Italy" stamp on luxury eyewear from Gucci or YSL is often part of the appeal. However, according to a new lawsuit, that claim isn't entirely true. Selima Optique, an eyewear retailer that sells both its own custom styles as well as designer specs at its outposts in Santa Monica (at the Brentwood...