Luca de Meo’s short tenure in Kering’s C-suite — he’s only been chief executive officer since Sept. 15 — has already brought the ailing luxury giant something it’s needed in the stock market. Momentum. More from WWD Shares of Kering rose 8.7 percent to 344.95 euros in Paris on Thursday as investors took what were seen as glimmers of hope in third-quarter results and ran. The run-up left Kering with market capital of more than 42 billion euros. It was the best stock performance among the 98 global fashio ...

Updated 3:24 p.m. ET Oct. 21 The playbook for Giorgio Armani could change now that L’Oréal has a blooming partnership with Kering. More from WWD As previously reported, news broke Sunday night that Kering Beauty is being sold to L’Oréal for 4 billion euros. Concurrently, Kering and L’Oréal are forming a long-term strategic partnership in beauty and wellness. Might this partnership expand into fashion? Only time will tell. But it could make good sense when it comes to Armani. Wills of the late designer ...

MILAN — At a time of political instability and societal polarization, trust issues are widespread — but brands are emerging as winners. According to the “Brand Connection — the Age of Meaningful Brands” report by consultancy Deloitte published Tuesday and presented here, consumers are looking at their favorite — and increasingly also up-and-coming — brands as promoters of aspirational value systems. More from WWD Brands beat out governments and institutions, reclaiming a higher score in people’s trust lad ...

LOS ANGELES--(BUSINESS WIRE)--BCUCY Investors Have Opportunity to Join Brunello Cucinelli S.p.A. Fraud Investigation with the Schall Law Firm. ...

LOS ANGELES--(BUSINESS WIRE)--Brunello Cucinelli S.p.A. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – BCUCY. ...

MILAN – The Giorgio Armani Group has a new chief executive officer and it’s someone long associated with and loyal to the late designer. On Thursday, Giuseppe Marsocci  was named to lead the fashion group, effective immediately, along with his simultaneous appointment to the board of directors. As CEO, he succeeds Armani, who was also chairman of the group he founded five decades ago. More from WWD Marsocci’s “international professional experience, deep knowledge of the sector and the company, discretion, ...

David Chan, executive president and chief financial officer, is stepping out of Lanvin Group to “pursue new professional opportunities,” the company said. Chan was there at the beginning for the company, which is based in Shanghai and Milan and, in addition to Lanvin, owns Wolford, Sergio Rossi, St. John Knits and Caruso. More from WWD Zhen Huang, chairman of Lanvin, said: “I would like to express our sincere gratitude to David for his dedication and leadership over the past years. His significant contri ...

Brands Calvin Klein and Tommy Hilfiger owner PVH Corp. has named Patricia Gabriel as chief supply chain officer and global head of operations. She onboards in the fourth quarter and will succeed David Savman, who will be fully dedicated to his role as Calvin Klein’s global brand president. Gabriel joins PVH from Capri Holdings, where she currently serves as chief supply chain officer for Michael Kors, Jimmy Choo and Versace. In this new role, Gabriel will oversee the organization’s global operations. Ve ...

This year, Fortune’s Asia team is highlighting several women leaders who are showing influence and power beyond the corporate boardroom. Here’s who made it onto Fortune’s first-ever “Most Influential Women” ranking: Twelve women from pop culture, policymaking and professional sports, who together show the diverse ways that power gets expressed across the Asia-Pacific.BlackpinkHallyu, the Korean wave, is taking over the world—and girl group Blackpink has been at its crest. Lisa, Jennie, Rosé, and Jisoo have ...

Gucci's "see now, buy now" approach for the first collection from new designer Demna, harnessing a buzz around the brand to draw shoppers back to its stores after years of lackluster sales, is showing... ...