Yves Saint Laurent news and archive

Kering acquires Milan's most expensive real estate

Luxury powerhouse Kering has made history with its acquisition of via Montenapoleone 8 in Italy, marking the largest single asset transaction ever recorded in the country. Purchased from Blackstone Property Partners Europe for a staggering 1.3 billion euros, the move underscores the importance for luxury conglomerates to secure prime locations...

Fashion Featured

Paris Fashion Week: Anthony Vaccarello's Saint Laurent is a sheer delight

Anthony Vaccarello’s vision for Saint Laurent’s Fall 2024 presentation turned out to be a sheer delight, quite literally, as the transparent and couture-like hosiery on display felt like an exercise in transparent craftsmanship. It was indeed pantyhose-chic. From sculpted body-hugging dresses, ruched tops, and turban hats to all those leggings,...

BusinessFeatured

Kering's lagging sales may be indicative of a global slowdown

Kering, the Paris-based luxury conglomerate, witnessed a significant downturn in sales during the third quarter, with group revenue plummeting by 13 percent to 4.5 billion euros. This sales slump extended across most of Kering's houses, including prominent brands like Bottega Veneta, Balenciaga, Gucci, and Saint Laurent. Notably, Gucci, once...

BusinessFeatured

Kering's Q3 revenues decline across brands

Kering Group revenue of 4.5 billion euros in the third quarter of 2023, was down 13 percent as reported and down 9 percent on a comparable basis, with revenues declining across its brand portfolio. In the first nine months of the year, the Group generated revenue of 14.6 billion euros, down 3 percent reported and 2 percent on a comparable basis....

Fashion

Dior and Saint Laurent bring contrasting feminisms to Paris

Christian Dior mocked sexist stereotypes while Saint Laurent was inspired by female pioneers at their Paris Fashion Week shows on Tuesday. Dior designer Maria Grazia Chiuri was coming off a PR coup after dressing Queen Camilla in a billowing midnight-blue silk dress for the state dinner at Versailles earlier this month. "I'm very happy to have...

PeopleFeatured

Kering Executive Shake-up: Marco Bizzarri exits Gucci, Saint Laurent chief appointed group head of brands

In a significant strategic manoeuvre, Italian luxury house Gucci has announced the imminent departure of its CEO, Marco Bizzarri, who is set to bid farewell to the brand in September. Kering Group transition In the wake of this leadership transition, Kering, the parent company of Gucci, has executed a top-level reshuffling, appointing former...

BusinessFeatured

Kering: Q1 revenues improve marginally by 1 percent

In the first quarter of 2023, Kering Group’s revenue grew by 2 percent as reported and by 1 percent on a comparable basis to 5,077 million euros, with trends improving throughout the period. “Kering’s performance in the first quarter remained mixed, as we had anticipated. As we work to augment the desirability of our brands and raise their...

Retail

Kering splashes out 13 million pounds on London YSL store

Luxury conglomerate Kering has reportedly agreed to a “record” lease for a new Yves Saint Laurent store on Bond Street, London. The group splashed out a staggering 13 million pounds on the retail space, which is believed to have set a record rent for the UK, according to market sources for the Sunday Times. The property in question is a...

Business

Yves Saint Laurent files series of metaverse trademarks

Yves Saint Laurent has filed for a number of trademark applications hinting that the French luxury brand could be next in line to join the metaverse. According to the trademark applications, YSL is setting out to cover its name and logo within the realm of non-fungible token (NFT) and metaverse. The applications mainly centre around beauty and...

Culture

Museum of Lace and Fashion to host Yves Saint Laurent exhibition

The Museum of Lace and Fashion in Calais, France, is to host an exhibition dedicated to the work of French fashion designer Yves Saint Laurent, co-produced with the Yves Saint Laurent Museum in Paris. ‘Yves Saint Laurent: Transparencies’ will run at the Museum of Lace and Fashion from June 24 to November 12, 2023, before moving to the Yves Saint...

BusinessFeatured

Kering sales increase 14 percent, posts strong growth across labels

Kering Group revenue of 5,137 million euros was up 23 percent as reported and up 14 percent on a comparable basis in the third quarter of 2022. The company said in a release that versus the third quarter of 2019, comparable revenue was up 28 percent. Revenue in the company’s directly operated store network increased 19 percent on a comparable...

Business

Yves Saint Laurent Beauté announces Lil Nas X as US ambassador

Yves Saint Laurent (YSL) Beauté has announced that rapper and singer-songwriter Lil Nas X is to be its latest US brand ambassador. The announcement comes alongside a new campaign which sees the award-winning artist sport a shade of the brand’s newest lipstick, The Bold. The selection is part of YSL’s goal to remould beauty, with the duo’s values...