Gucci may have seen disappointing results in the third quarter, but that certainly wasn't the case at Saint Laurent, which continued to post strong growth, as did other Kering labels, including Balenciaga.
Kering's star brand Gucci grew sales by 3.8% in the third quarter, missing analyst expectations, as the pace of recovery from the coronavirus pandemic slowed down sharply following a bumper second quarter.
According to the second Clair Report on retained brand value from resale marketplace Rebag, the strongest handbag labels in 2021 were once again Hermès, Louis Vuitton and Chanel. But Bottega Veneta is hot on their heels.
The executive, who has two decades of experience in the sector, joins the Kering-owned luxury brand from Fendi, where she most recently served as VP for U.S. retail and retail corporate functions in the Americas.
The CFDA announced on Wednesday the nominees and honorees for the CFDA Fashion Awards spotlighting Ashley Olsen and Mary-Kate Olsen, Emily Adams Bode and Catherine Holstein, among other Fashion Awards nominees.