The French luxury group has announced that the CEO of Balenciaga is joining its executive committee. Charbit took over the label's leadership in November 2016, and will start in the new role from July 1.
Frederick Lukoff, the long-time president of Stella McCartney, quits to become CEO of Dutch brand Scotch & Soda. A surprise move, barely one year after overseeing McCartney's buyback of 50% of her company from Kering.
As Kering’s chief digital officer, Grégory Boutté is doing more than preparing to integrate e-commerce, he wants to make it agile in the digital realm. As such, Gucci will optimise stock allocations this year.
Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data.