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Moncler CEO says no concrete M&A option for now

The chief executive and top shareholder of Italy's puffer jacket maker Moncler said today there was no concrete tie-up option under consideration.
Business • 05 Dec 19

Arnault, LVMH, Kering & Total donate Notre-Dame funds

French billionaire businessman Bernard Arnault's family and his LVMH luxury goods group will donate €200m to help repair Notre-Dame cathedral in Paris, a statement issued on behalf of Arnault said.
Business • 16 Apr 19

Kering's Gucci joins peers in defying China fears

Luxury goods group Kering has joined competitors in defying concerns of waning demand in China.
Business • 12 Feb 19

Kering buoys luxury shares on strong China outlook

Kering led a share price rally in the luxury goods sector today after sales at its star Gucci brand proved more resilient than expected.
Business • 24 Oct 18

Gucci fuels booming sales at luxury firm Kering

Booming sales growth at French luxury group Kering got even faster in the first quarter, as red-hot demand for its Gucci clothing and handbags was joined by other labels such as Balenciaga.
Business • 25 Apr 18

Gucci helps Kering to fashion strong sales growth

Gucci-owner Kering has posted better-than-expected sales growth in the fourth quarter and said 2018 should be another solid year as the French group refocuses its business solely on luxury.
Business • 13 Feb 18

Luxury group Kering to spin off Puma to shareholders

Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate's shareholders to focus squarely on its luxury brands.
Business • 12 Jan 18

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