Kering news and trends

China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched

November 24, 2024
Luxury Firms Compete for Buildings on Fifth Avenue
Retail // April 08, 2024

Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Luxury Brands Spend Billions for High-End Shopping Real Estate
Retail // April 07, 2024

Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

LVMH Takes on Hollywood as Luxury Brands Step up Media Efforts
Retail // February 23, 2024

LVMH is making its way to Tinseltown, establishing a foothold in film and television to drive brand visibility and relevance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
Retail // October 24, 2023

Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Quick Reads
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched

November 24, 2024
While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Luxury Firms Compete for Buildings on Fifth Avenue

April 08, 2024
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Luxury Brands Spend Billions for High-End Shopping Real Estate

April 07, 2024
Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue

October 24, 2023
Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution. Get the Full...