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Global Strength Lifted Kering’s Revenue in Third Quarter

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Despite operating in what CEO François-Henri Pinault said was “an increasingly complex world,” Kering’s power brands were undeterred in Q3. In a Nutshell: Kering reported strong revenue gains in the third quarter that were “well balanced” across its brands and “fueled by sales in the directly operated store network.” The upward trend was driven by…

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