Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. Sabato De Sarno’s first collection as ...
Kering SA agreed to sell a majority stake in three luxury Paris properties to French private equity firm Ardian SAS, a deal that will net the struggling owner of the Gucci fashion label €837 ...
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PARIS, Jan 15 (Reuters) - Gucci owner Kering has transferred three of its Paris real estate assets to a new joint venture with French private equity firm Ardian, freeing up 837 million euros ($860 ...
PARIS — As the race for prime Parisian real estate heats up, luxury giant Kering and private equity firm Ardian have signed a binding agreement to create a joint venture of prime real estate assets.
Kering said it finalized the sale of The Mall Luxury Outlets in Italy to U.S. retail investment trust Simon Property Group. Kering--which houses Gucci, Saint Lauren and Balenciaga--said Thursday ...
Kering agreed to sell a stake in three prestigious Parisian real-estate assets to Ardian, setting up a joint venture with the private equity group. The French group—which owns Gucci, Yves Saint ...
WHEN I VISIT PARIS, I like to embark on pastry crawls through different neighborhoods, walking as far as my legs will take me, stopping at all the boulangeries and patisseries that appeal.
It’s a brisk 46 degrees on San Francisco’s west side as a group of 25 people wearing puffy jackets patiently queue up on the otherwise empty stretch of West Portal Avenue. Despite the chilly ...
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Gucci-owner Kering sells 60% stake in Paris properties to PE firm Ardian for €837MOwner of luxury bands Gucci, Saint Laurent—Kering SA reached a deal to sell a 60% stake in three prestigious Paris properties to French private equity firm Ardian SAS for €837 million (~$862 ...
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