These Are the 5 Richest People in the Fashion World Right Now
Founders at brands like LVMH, Nike and Kering are the biggest moneymakers in the industry.
LVMH
Kering
Menswear
Bon Voyage? Gucci Just Opened a Luggage-Only Store in Paris
The train travel-inspired shop offers a complete range of travel essentials, from trunks to hat boxes.
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Men's Fashion
Gucci’s Alessandro Michele Is Leaving the Brand, and the Market Can’t Decide How It Feels
The Italian fashion house confirmed rumors of the designer’s departure on Wednesday.
Menswear
Tom Ford May Sell His Business to Gucci’s Parent Company, According to Reports
The French luxury conglomerate is competing with Estée Lauder.
News
Bouyed by Robust LVMH Sales, Luxury Shares Are Rising Even as Economists Forecast Gloom
LVMH’s strong third-quarter sales prompted a spike in share prices across the industry.
Menswear
From Hermès to Louis Vuitton, Luxury’s Leading Brands Are Closing Their Boutiques in Russia
Chanel, LVMH, Kering and more have joined the call to close their Russian retail locations in the wake of Vladimir Putin’s Ukraine invasion.
Men's Fashion
Gucci-Owner Kering Bans Fur Across All of Its Brands
The luxury conglomerate will prohibit the use of fur across all of its brands starting with its fall 2022 collections.
News
Richemont’s Stock Rises After Reports That It Rejected Kering’s Offer to Merge
Kering reportedly approached Richemont about a possible merger back in January
News
Kering, Owner of Balenciega and Gucci, Is Helping to Renovate a Medieval Palazzo in Florence
The project is literally helping to keep the lights on.
Menswear
The French Government Is Investigating Gucci Owner Kering for Tax Evasion
In a statement, the company has vehemently denied allegations of fraud and tax evasion.
