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Kering2026-04-18
Announced deepening of strategic partnership with L'Oréal to scale beauty brands like Gucci, moving to a capital-light partnership model.
Kering2026-04-18
Created new strategic division 'Kering Next' to manage beauty growth and expansion into adjacent categories.
Kering2026-04-18
CEO Luca de Meo presented strategic reset focusing on beauty as core growth engine at Capital Markets Day.
Kering2026-04-08
CEO Luca de Meo announced a strategic pivot to address a perceived 'crisis of meaning' and target 80% of the luxury market.
LVMH2026-04-03
Reported worst-ever quarterly share price decline in Q1 due to luxury market slump
Kering2026-04-01
Reported Q1 2026 revenue decline of 6% to €3.5bn, driven by a 14% fall in Gucci sales.
LVMH2026-03-27
Senior executive makes personal investment in generative AI virtual try-on startup
Ecosystem
Kering
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LVMH
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