Pins matching place:"Paris 7e Arrondissement"

The French National Assembly unanimously adopted, in first reading, a bill to curb "ultra-fast fashion" on 14 March 2024. The bill bans advertising for the cheapest, most disposable garments and creates a bonus-malus system funding penalties on the least sustainable clothing sellers.

Alessandro Michele staged his debut Valentino runway show at the École des Beaux-Arts in Paris, a maximalist Spring/Summer 2025 ready-to-wear collection blending Gucci-era exuberance with Valentino's own archive, including its signature red gowns reworked with feathers and lingerie layering.

Kering appoints Cédric Charbit CEO of Saint Laurent, succeeding Francesca Bellettini, and promotes Gianfranco Gianangeli to CEO of Balenciaga in Charbit's place, both effective 2 January 2025.

Kering reports first-quarter 2025 group revenue of €3.9 billion, down 14%, as Gucci's sales fall 25% on a comparable basis to €1.6 billion amid low store traffic and a 33% wholesale decline.

Jonathan Anderson presented his first Dior collection, the men's spring-summer 2026 line, in a specially built showspace at the Hôtel des Invalides in Paris, drawing on 18th-century paintings by Jean Siméon Chardin loaned by the Louvre.

Former Renault chief Luca de Meo becomes Kering's chief executive on 15 September 2025, the first time the luxury group is run by someone outside the Pinault family, as chairman François-Henri Pinault steps back from day-to-day management.

Pierpaolo Piccioli presents his first Balenciaga collection, The Heartbeat, at the house's Paris headquarters on 4 October 2025, closing the sixth day of Paris Fashion Week with a couture-inflected reset after Demna's decade at the house.

Kering and L'Oréal announce a long-term beauty alliance in which L'Oréal will acquire the House of Creed outright and take 50-year fragrance and beauty licences for Bottega Veneta and Balenciaga (and later Gucci), valued at €4 billion.

L'Oréal completes its purchase of Kering Beauté, including the House of Creed and new 50-year fragrance and beauty licences for Bottega Veneta and Balenciaga, finalizing the alliance the two groups announced five months earlier.

Kering posts first-half 2026 group revenue of €7.22 billion, up 1% on a comparable basis, as Gucci's decline eases to 5% and recurring operating margin improves to 12.8%, its first comparable growth since Gucci's slump began.

Kering's own financial calendar lists its third-quarter 2026 revenue release for 22 October 2026 after market close, the group's next scheduled results after July's return to comparable growth.