Kering

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Kering sustainability focus embraces supply chain Beth Wright | 26 Jan 17

French luxury group Kering is expanding the scope of its sustainability strategy to incorporate the entire supply chain and embed sustainability at the very start of the design process.


Kering commits to cutting emissions by 50% Beth Wright | 21 Dec 16

Sportswear group Kering has become the first French company and the first luxury company to have its emissions-reduction plan approved by the Science Based Targets initiative.


Fashion firms failing to address deforestation risk Michelle Russell | 6 Dec 16

Leading international businesses – including apparel and textile companies – are ill-prepared for the risk that comes from sourcing products linked to deforestation, a major cause of climate change, a new report claims. 


Kering's Volcom uses sustainable fibre for swim line Michelle Russell | 2 Nov 16

Kering-owned luxury sports and lifestyle fashion brand Volcom has partnered with Italian yarn maker Aquafil to launch a women's swimwear collection made using a fibre derived from 100% regenerated nylon waste materials.


New design course to measure sustainability impact Beth Wright | 31 Oct 16

French luxury and sportswear group Kering is to help launch a new design curriculum aimed at teaching students about the environmental impacts of their creations as part of its long-standing partnership with The New School's Parsons School of Design.


Stella McCartney reveals first EP&L report Beth Wright | 5 Oct 16

British luxury fashion brand Stella McCartney has revealed its first environmental profit and loss (EP&L) accounts, which place a monetary value on the environmental costs and benefits of business generated by the company's direct operations and across its entire supply chain.


Kering partnership produces guidance on python trade Leonie Barrie | 26 Sep 16

Three new reports published today (26 September) suggest the wild harvesting and farming of pythons is ecologically sustainable and results in socioeconomic benefits for poor households in South-East Asia.


Apparel majors among top sustainability performers Michelle Russell | 9 Sep 16

Major apparel groups including Adidas, Gap Inc, Inditex, Gildan and Asics have been included in the Dow Jones Sustainability Indices (DJSI), putting the companies among the best-in-class sustainability performers globally.


Kering integrates EP&L into key sourcing decisions Leonie Barrie | 2 Aug 16

French luxury and sportswear group Kering is starting to use its annual environmental profit and loss (EP&L) report as a tool to drive decision-making in the design, sourcing and manufacturing of its products.


Kering H1 boosted by Gucci turnaround Michelle Russell | 29 Jul 16

French luxury goods group Kering has booked a "pleasing" second-half, with turnaround growth from the firm's powerhouse Gucci label boosting earnings. 


Kering calls for collaboration on sustainable supply chains Michelle Russell | 4 May 16

French luxury goods group Kering has made significant progress over the past four years towards its sustainability targets, but admits more collaboration is required if standards and practices are to improve across the supply chain.


Kering Q1 sales performance driven by organic growth Michelle Russell | 22 Apr 16

French luxury goods group Kering said it had a "solid" first-quarter thanks to its focus on driving organic growth and higher sales in both its luxury and sports categories. 


Kering appoints supply chain exec Bailly as COO Michelle Russell | 21 Mar 16

French luxury goods group Kering has appointed supply chain executive Jean-Philippe Bailly as its new chief operating officer.


Kering confident after "solid" FY profit hike  Katie Smith | 19 Feb 16

French luxury goods group Kering remains confident in its outlook, after posting a double-digit hike in annual net profit, helped by revenue growth in both its luxury and sport and lifestyle divisions. 


Growth weighs on Kering raw materials impact Leonie Barrie | 23 Nov 15

Luxury goods group Kering is scaling up its efforts to put a monetary value on the environmental impact racked up by its operations and global supply chain – but admits the impact of raw materials has increased as its business has grown.


Three steps to tackle climate change risks in luxury fashion Michelle Russell | 9 Nov 15

A new analysis of climate change and its implications for the fashion sector suggested apparel companies need to build resilient supply chains – with a focus on supporting production systems for raw materials – if they are to face up to the challenges.


Fibres and fabrics: Closed loop continues to create challenges Mark Rowe | 6 Oct 15

The concept of the closed loop – where a fabric is taken back mechanically to its original fibres and re-used – remains a key goal for the clothing and textile industry that presents a range of technical challenges.


Adidas, Kering and H&M lead on sustainability Leonie Barrie | 18 Sep 15

Adidas Group, Kering, Burberry, H&M and Gildan Activewear have all been listed in this year’s Dow Jones Sustainability Indices - ranking them among the best-in-class sustainability performers in the world.


Kering shares climb on mixed H2 Michelle Russell | 28 Jul 15

French luxury goods group Kering has recorded sales growth for the Gucci brand for the first time in two years, but saw second-quarter earnings slide.


Kering hires CEO to expand emerging brands Katie Smith | 27 Jul 15

French group Kering has appointed Grita Loebsack as CEO of its luxury couture and leather goods' emerging brands.


SUSTAINABILITY: Organic cotton market growing again Michelle Russell | 9 Jun 15

The organic cotton market is growing once more, after three consecutive years of declining production. This is the result of industry collaboration and innovative initiatives developed over the last 12 months, according to a new report.


Supply chain weighs on Kering environmental footprint Leonie Barrie | 21 May 15

Luxury goods group Kering is taking an innovative approach to understanding – and changing – the environmental footprint of its business by putting a monetary value on the ecological impact racked up across its operations and global supply chain.


Thierry Guibert tapped as new Lacoste CEO Stuart Todd | 19 Jan 15

Maus Frères Group (MFG) has appointed Thierry Guibert as the new CEO of Lacoste, succeeding José-Luis Duran, who is stepping down after more than five years at the helm.


FRANCE: Sergio Rossi boss Melard exits Katie Smith | 2 Sep 14

Sergio Rossi president and CEO Christophe Mélard has stepped down to "follow new professional challenges" outside of the luxury footwear and accessories brand.


FRANCE: Kering in talks to sell La Redoute Katie Smith | 5 Dec 13

French luxury goods group Kering, formerly PPR, has entered into exclusive negotiations to sell La Redoute to the mail order unit's existing CEO Nathalie Balla and Eric Courteille, chief administrative officer of parent company Redcats.


FRANCE: Kering invests in Tomas Maier brand Katie Smith | 19 Nov 13

Kering (formerly PPR) is stepping up investment in its luxury portfolio by entering into a joint venture with Tomas Maier to develop the US-based brand.


FRANCE: Kering in full-year profit warning Katie Smith | 14 Nov 13

Kering has warned its full-year profit will be down "significantly" on the prior year, hurt by one-off charges at Puma and the disposal of its mail order business, La Redoute.


FRANCE: Kering forecasts job cuts at La Redoute Katie Smith | 31 Oct 13

French luxury goods group Kering has said it expects the restructuring and sale of its La Redoute mail order business will have a "significant" impact on jobs.


FRANCE: Gucci, Puma weigh on Kering Q3 sales Katie Smith | 25 Oct 13

French luxury group Kering (formerly PPR) reported a 1.5% decline in third-quarter revenue, weighed down by its performance at Gucci and at its sportswear brand Puma.


FRANCE: Kering silent on La Redoute disposal Katie Smith | 22 Oct 13

French luxury group Kering (formerly PPR) has refused to be drawn on reports that it is looking to invest at least EUR300m (US$410.2m) into La Redoute to try to find a buyer for the mail order business.

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