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Q3 results show a 10% decline in revenue for Kering, with €3.4 billion reported and Gucci sales falling 18% to €1.3 bill...
23/10/2025

Q3 results show a 10% decline in revenue for Kering, with €3.4 billion reported and Gucci sales falling 18% to €1.3 billion, still weighing on the group’s performance.
Despite the drop, there are indications of improvement via North America and Western Europe, and stronger momentum in leather goods.
New leadership under Luca de Meo appears committed to the turnaround, though major challenges remain ahead.

Read more: https://www.luxurytribune.com/en/kering-10-decline-in-the-third-quarter-still-weighed-down-by-gucci

In early October, our journalist Justine Offredi spent several days in Sicily, immersed in the world of Club Med CefalĂą,...
23/10/2025

In early October, our journalist Justine Offredi spent several days in Sicily, immersed in the world of Club Med CefalĂą, to take a closer look at Club Med's move upmarket, which began 20 years ago. Completely renovated in 2018, it is part of the Exclusive Collection range, the group's most luxurious offering, which already accounts for nearly 20% of its revenue in 2024 and continues to grow in 2025. It is also a landmark year for Club Med, which is celebrating its 75th anniversary with big ambitions for the future, as you can read about in our article.

Read more: https://www.luxurytribune.com/en/club-med-the-results-of-a-20-year-move-upmarket

Today, Hermès reported a 5% (at current exchange rates) increase in sales for Q3 2025, reaching €3.9 billion, driven by ...
22/10/2025

Today, Hermès reported a 5% (at current exchange rates) increase in sales for Q3 2025, reaching €3.9 billion, driven by strong performance in Europe, America and Asia.
The leather goods segment led growth with a 13% rise, supported by demand for its iconic bags and expanded production capacity in France.
Despite some weakness in fragrances and watchmaking, Hermès remains confident and is targeting a stronger Q4.

Read more: https://www.luxurytribune.com/en/hermes-accelerates-growth-in-the-third-quarter-of-2025

Luxury is rewriting history by reclaiming monumental spaces. From Paris to Rome, brands like Dior, Bulgari, and Hermès a...
21/10/2025

Luxury is rewriting history by reclaiming monumental spaces. From Paris to Rome, brands like Dior, Bulgari, and Hermès are transforming heritage architecture into immersive experiences that fuse legacy with modern refinement. Beyond commerce, these restorations serve as statements of permanence — turning each boutique or restaurant into a living chapter of cultural storytelling. In these settings, luxury is no longer bought — it is inhabited.

Read more: https://www.luxurytribune.com/en/taking-over-historical-monuments-the-luxury-trend-to-cement-legitimacy

Kering has announced the sale of its beauty division to L'Oréal for €4 billion. The deal hands over major beauty-licensi...
20/10/2025

Kering has announced the sale of its beauty division to L'Oréal for €4 billion. The deal hands over major beauty-licensing rights for marquee houses like Gucci and Bottega Veneta, allowing Kering to re-focus on fashion under new leadership. Meanwhile, L’Oréal strengthens its luxury beauty portfolio and expands into fresh segments. This marks a bold strategic shift for both groups amid mounting pressure on Kering’s finances.

Read more: https://www.luxurytribune.com/en/kering-sells-its-beauty-division-to-loreal-for-e4-billion

Last night, Galeries Lafayette has inaugurated its first India store just ahead of the country's auspicious wedding seas...
16/10/2025

Last night, Galeries Lafayette has inaugurated its first India store just ahead of the country's auspicious wedding season. Located in Mumbai’s upscale southern district, the Parisian department store is spread across 8,000 sq. m (about 90,000 sq. ft) and is housed in a 200-year-old heritage building. It will open for customers, officially in November end.

đź“·: New Galeries Lafayette store in Mumbai, India (Galeries Lafayette)

Read more: https://www.luxurytribune.com/en/galeries-lafayette-inaugurates-first-store-in-mumbai

A Caribbean paradise built on contradictions. Saint-Barthélemy dazzles the world’s elite with its luxury villas and tax ...
16/10/2025

A Caribbean paradise built on contradictions. Saint-Barthélemy dazzles the world’s elite with its luxury villas and tax privileges, yet struggles to house its own residents and workers. Behind postcard perfection lies a growing social fracture—where paradise becomes unaffordable, and those who sustain it are forced to leave.

Read more: https://www.luxurytribune.com/en/the-saint-barthelemy-parado

This Tuesday, Gucci, Loewe, and Chloé were fined a total of €157 million by the European Commission — a decision that se...
15/10/2025

This Tuesday, Gucci, Loewe, and Chloé were fined a total of €157 million by the European Commission — a decision that sends a clear signal: no brand is above competition rules. Gucci alone will pay €119.7 million, Loewe €18 million, and Chloé €19.7 million. These penalties underscore the EU’s growing scrutiny of resale pricing and retail control in the luxury sector. Transparency and fair market conduct are no longer optional — they’re the new standard.

Read more: https://www.luxurytribune.com/en/__trashed-2

Today, LVMH reported just 1% growth in Q3, reaching €18.28 billion in revenue, underscoring the resilience of the luxury...
14/10/2025

Today, LVMH reported just 1% growth in Q3, reaching €18.28 billion in revenue, underscoring the resilience of the luxury giant amid global headwinds. The European market remained a drag due to currency pressures, but improvements in other regions offer cautious optimism. In parallel, Fendi appoints Maria Grazia Chiuri as its new artistic director—a pivotal move in the group’s creative evolution.

Read more: https://www.luxurytribune.com/en/lvmh-moderate-growth-in-the-third-quarter

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