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 ...
Owner 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 ...