Salma Hayek, The Rose’s Woosung, Cardi B and More

Salma Hayek, The Rose’s Woosung, Cardi B and More

DRAMA QUEEN: Sean McGirr dialed up the drama with a theatrical runway show featuring a smoke-filled runway and Irish lore-filled looks. It was the creative director’s second Paris Fashion Week outing. Salma Hayek sat with husband and Kering chief executive officer François-Henri Pinault, as she showed off the cut of her gold sequined dress. It … Read more

Kering CEO Hopes Gucci Turnaround Will Deliver Results by Yearend

Kering CEO Hopes Gucci Turnaround Will Deliver Results by Yearend

PARIS — Kering chairman and chief executive officer François-Henri Pinault hopes the French luxury group’s turnaround efforts will start bearing fruit by the end of this year.  “We are determined to deliver improvements at the end of this year already and in 2025,” he said at the company’s annual general meeting Thursday in Paris.  Kering … Read more

Revenue Falls 6 Percent As CEO Flags Further Losses

Revenue Falls 6 Percent As CEO Flags Further Losses

PARIS — Kering posted better-than-expected sales in the fourth quarter as revenues grew in Asia-Pacific and Japan, but it warned that its ongoing investments in turning around its key brands would continue to weigh on results in 2024. The French luxury group said revenues in the three months to Dec. 31 fell 6 percent at … Read more