Kering
Stories tagged Kering.
Urban Outfitters Deepens Beauty Push with Yes Day Launch; Coty Transfers Gucci Beauty Back to Kering
Urban Outfitters has expanded its beauty assortment with the brick-and-mortar debut of tween brand Yes Day, while Coty has returned the Gucci Beauty license to Kering ahead of schedule. Separately, Bobbi Brown’s son has stepped down as CEO of Jones Road, and Sol de Janeiro is entering the men's fragrance market.
Kering Signs MoUs with Eight Italian Schools to Revitalize Craft Education
Kering has signed memorandums of understanding with eight educational institutions in Milan's Mind innovation district, launching a network to merge traditional craftsmanship with modern innovation.
Valentino to Sell €450M in Bonds to Refinance Bank Debt
Maison Valentino has approved a €450 million senior secured bond sale to repay bank debt and fund investment and working capital, with shareholders Kering and Mayhoola backing the issue with a potential €250 million equity injection.
Valentino revenues plummet 15% in 2025, swinging to operating loss
Maison Valentino reported a 15% drop in 2025 revenues to €1.12 billion, turning an operating profit of €31 million in 2024 into a loss of €103 million, as sales declined across all regions.