Latest news with #YvesSaintLaurent
Yahoo
8 hours ago
- Business
- Yahoo
Gucci owner Kering's Q2 2025 revenue plummets 18%
French luxury group Kering, owner of Gucci and Yves Saint Laurent, has reported a 18% downturn in its revenue for the second quarter (Q2) of 2025 to €3.7bn ($4.27bn), with a comparable basis decrease of 15%. This reported revenue includes a negative impact from currency fluctuations amounting to 3%. The company's directly operated retail network experienced a 16% drop in sales on a comparable basis, consistent with its first-quarter performance for the year. Within regional markets, North America saw a 10% reduction and Asia-Pacific witnessed a 19% decrease in sales, both showing some improvement over the previous quarter. However, Western Europe's sales decreased by 17%, and Japan faced a steeper decline of 29%, largely due to a significant fall-off in tourism. The French luxury house posted net income attributable to the group of €474m in the first half (H1) of the year. During the second quarter of 2025, Gucci experienced a 25% decrease in sales on a comparable basis, with its directly operated retail network sales falling 23%. Yves Saint Laurent also reported a downturn in the same period, with sales dropping 10% on a comparable basis and a 12% decline in its directly operated retail outlets. Conversely, Bottega Veneta saw a slight increase in revenue, with a 1% rise on a comparable basis. Kering's Other Houses showed a 16% decrease in revenue on a comparable basis during the second quarter, with varying results across individual brands. In the first half of 2025, Kering revenues fell 16% to €7.6bn. Kering chairman and CEO François-Henri Pinault stated: 'The first half of 2025 has been a period of momentous decisions for Kering. On the governance front, I recommended to the board of directors, which has agreed, that we entrust the role of Kering CEO to Luca de Meo, while I will retain the chairmanship. 'On the operational and financial fronts, in a particularly tough market environment, we continued to streamline our distribution and cost base, and, executing on our roadmap, we took decisive steps to strengthen our financial structure. Though the numbers we are reporting remain well below our potential, we are certain that our comprehensive efforts of the past two years have set healthy foundations for the next stages in Kering's development.' In response to an unpredictable economic and geopolitical landscape, Kering states that it is actively pursuing its strategic goals focused on sustainable profitability and growth. The group is intensifying efforts to foster the expansion and success of its brands while firmly committing to enhancing operational efficiency. "Gucci owner Kering's Q2 2025 revenue plummets 18%" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
9 hours ago
- Entertainment
- Daily Mail
Kate Moss, 51, puts on a leggy display in a skimpy green dress before slipping into sexy lingerie as she poses with actress Chloë Sevigny, 50, in very sultry swimming pool shoot for Yves Saint Laurent campaign
Kate Moss put on a very leggy display in a lime green dress in a shoot for Yves Saint Laurent's Fall 2025 campaign. The supermodel, 51, proved she's still got it as she flaunted her age-defying figure in the sexy shoot. Kate was joined by American actress and director Chloë Sevigny, 50, along with model Frankie Rayder. Mother-of-one Kate, whose daughter is model Lila Moss, 22, posed for very sultry swimming pool shots with Chloe. Chloe, who most recently starred in Netflix 's Monster, placed her hand beneath Kate's cleavage as they floated in the water. American model Frankie, 50, confidently stripped off for one shot while posing under a blanket. She also posed in sexy white lace lingerie in another frame The sexy shoot saw Kate, Chloe and Frankie film in the heart of Los Angeles for the AW25 campaign. Kate was also seen reclining behind the wheel of a convertible in a faux fur coat and sunglasses. Being a renowned supermodel, she'd know a thing or two about fashion. So it's no surprise Kate has taken it upon herself to 'police' poorly dressed pedestrians. 'I like going, 'What are they thinking?'' she admits. 'I don't want to be judgy, but you know when you're like, 'Nee naw, nee naw, fashion police!'' According to Daily Mail's Richard Eden, Kate added: 'It was the weirdest look. She had a pork-pie hat, a yellow Chanel backpack, tights, leather shorts, a yellow Nike high top trainer. 'I pulled them over and said, 'Where are you from?' They said France. They're definitely not from Paris, that's for sure.' Kate recently sparked concern among her fanbase after being filmed looking 'fraught' and 'on edge' as she sat front row at Paris Fashion Week. Kate was thought to have given up alcohol back in 2017 in favour of juice fasts and reformer Pilates, even selling her own range of teas and skincare products through her beauty and wellness brand, Cosmoss. American model Frankie Rayder (pictured), 50, confidently stripped off for one shot while posing under a blanket The sexy shoot saw Kate, Chloe and Frankie film in the heart of Los Angeles for the AW25 campaign And while she has long struggled to give up her nicotine habit, just two years ago Kate - once hailed the 'greatest smoker of all time' - was seen puffing away on a vape in an attempt to give up the cigarettes. Back in January, Kate was reportedly planning a huge boozy birthday bash to celebrate her 51st birthday following her split from boyfriend of nine years, Nikolai von Bismarck, 38. Kate, who lived in the Cotswolds with teetotal photographer Nikolai, apparently decided at the time that she 'wants to let her hair down' to mark her birthday with her famous pals. A source told The Sun: 'Last year, she celebrated her 50th at an intimate soiree in Paris, which was fairly pared down. 'But a lot has changed since then and Kate has said she wants this party to be like turning over a new leaf. 'Now that her daughter Lila is all grown up and she is single again, Kate feels like she wants to let her hair down and be carefree — which is not something she's been able to do for a long time. 'She is looking on the bright side of life. Although it's sad her relationship is over, she is throwing herself back into her social life and embracing the new year.' She went on to start her new chapter celebrating her 51st birthday at A-list restaurant China Tang at The Dorchester before continuing her night until the early hours at The Globe in London's Notting Hill.
Daily Mail
a day ago
- Business
- Daily Mail
Gucci given a kicking: Luxury label's sales plunge amid deepening gloom in the sector
Gucci's owner yesterday posted a huge slump in quarterly sales amid deepening gloom in the luxury sector. Kering, which also owns Yves Saint Laurent and Balenciaga, said that sales fell 15 per cent to £3.2billion in the three months to the end of June. At its flagship label Gucci, which makes up for the bulk of the firm's profits, and counts victorious Lioness football captain Leah Williamson as an ambassador, sales tumbled by a quarter to £1.3billion. Shares have lost around a quarter of their value in a year making it one of the worst-performing luxury goods stocks. Chairman and chief executive Francois-Henri Pinault admitted that the results 'remain well below our potential'. The luxury sector has been struggling with a slump in demand from Chinese and American tourists.
Wall Street Journal
a day ago
- Business
- Wall Street Journal
Gucci Owner Kering Posts Sales Drop Amid Lingering Weak Demand
Kering, the owner of brands such as Gucci and Yves Saint Laurent, reported a sales slump at a time when it is entering a new era under fresh leadership amid a global downturn in demand for high-end goods. The French luxury group on Tuesday booked revenue of 3.70 billion euros ($4.29 billion) for the second quarter, 18% lower than in the prior-year period in reported terms. The result compares with analysts' forecasts of 3.79 billion euros, according to a Visible Alpha poll of estimates.
Yahoo
2 days ago
- Entertainment
- Yahoo
Supermodel Iman's Best Beauty Moments on the Runway From 1981 to 1989
The paragon supermodel doesn't just model the clothes they're dressed in; they chameleon into the character they were made for, hair, makeup and all. This is something that came easily to Somali supermodel Iman, born Iman Mohamed Abdulmajid, a skill she inherently possessed as the muse to the biggest names in fashion, from Yves Saint Laurent to Thierry Mugler. From the start of her career in 1975, Iman has been praised for her ability to exemplify the complementary yet intricate relationship between fashion and beauty, both on and off the runway. She quickly catapulted to stardom beyond the high-fashion stratosphere, becoming the first Black model to secure a makeup contract under Revlon's Polished Ambers cosmetics brand. There wasn't a hair or makeup combination she was afraid of. Most often, Iman was styled with protruding, sculpture-esque hair, abstract eye shadow and vibrant lip colors. More from WWD Fairchild Media Group Reaches 8.9 Million Monthly Unique Visitors, Expanding Leadership in Fashion and Beauty Media Meet the L.A. Healer Loved by Celebs, Now She's Bottled Her Signature Glow The Best Hair and Makeup Moments From 'The Devil Wears Prada' Original Movie An unfortunate car accident in 1983 forced her to put a temporary pause on her modeling career. However, with the same ease with which her hypnotic beauty, as previously described by WWD, first pervaded the industry, she returned to the runway to continue the irrevocable chapter in her career for the following six years. Ahead, WWD takes a look back at Iman's best beauty moments on the runway, from her high contrast makeup in Michael Vollbracht's 1981 show to her untameable mane at Patrick Kelly's ready-to-wear fall 1989 presentation. Michael Vollbracht's 1981 Fashion Show In designer Michael Villbracht's 1981 fashion show, Iman matched her multicolor poncho with an eccentric makeup look straight from the pages of an editorial spread. On her eyes, she wore a navy shadow, which carried across her lids and into her waterline. An iridescent highlight undercut her faded eyebrows, while her bone structure was embellished with a rosy pink blush. Iman's lips drew a stark contrast to her eye makeup, dressed in a deep red lipstick with gloss layered over. Yves Saint Laurent 1982 Rive Gauche Show Iman's runway look for the historic Yves Saint Laurent 1982 Rive Gauche show, which finished in exactly 55 minutes, will forever be remembered for the spikey hairdo. The whimsical element of her aesthetic saw her tresses styled like a peacock's train on top of her head, feathers jutting between the slicked strands. Kenzo Spring 1983 Presentation Iman morphed into a Kenzo muse for the brand's 1983 presentation, boasting a dramatic ponytail extension that fell to her waistline. A banana-yellow ribbon was tied a few inches up from her long ends. Her makeup was moodier in comparison to the bright-hued garment she wore down the runway. Dark charcoal shadow swept across her eyes, while a pale pink was added to her lips. Thierry Mugler Spring 1984 Ready-to-Wear Iman was a known inspiration to Thierry Mugler throughout the 1980s. She would often walk in Mugler's shows sporting a wide variety of aesthetics, many with futuristic undertones. For her appearance in the spring 1984 ready-to-wear show, Iman was given a heavy amount of black and blue shadow; the color extended in a long triangle past the corners of her eyes. Her eyebrows were filled in darker than usual, and red blush was placed only under her cheekbones. The lips added a touch more color to the distinctive clouds around her eyes with red lipstick and clear gloss. Yves Saint Lauren 1985 Ready-to-Wear Collection Iman would often don a hat or a complex hairdo for her part in a Yves Saint Laurent show. However, for the fashion house's 1985 ready-to-wear collection, her hairstyle was muted, coiffed in a pixie cut, blown to the left. The natural style was contrasted with a colorful visage, comprised of a deep periwinkle eye shadow and a matte red lipstick shade. Chloe Spring 1984 Ready-to-Wear Show In Karl Lagerfeld's spring 1984 collection for Chloe, Iman boasted a theatrical hairstyle that was meant to resemble the collection's ubiquitous ode to needleworkers. Her curly hair was slicked completely back into a cylinder shape like a wheel of thread. A long silver pin was then pierced through the side like a sewing needle. Thierry Mugler Spring 1988 Fashion Show Iman's beauty aesthetic for the 1988 Thierry Mugler spring 1988 show in Paris was as wild as the feathered garment she wore. Her hair was teased and frizzed well above her head like a lion's mane. The thick extensions fell to the left of her face. Adding to the primitive nature, Iman's eyes were colored with brown shadow, and her lips boasted a vicious wine-colored lipstick. Donna Karan 1990 Ready-to-Wear Presentation As a Donna Karan model for her 1990 ready-to-wear show, Iman was styled with an ultra-short pixie cut and minimal makeup. The beauty aesthetic was more refined and less theatrical compared to her looks for Mugler and Yves Saint Laurent, but still glamorous nonetheless. Patrick Kelly Ready-to-Wear Fall 1990 Iman walked the Patrick Kelly 1990 ready-to-wear runway with a hair and makeup look belonging to the trademark beauty trends of the '80s. Her hair was messily teased in a half-up, half-down 'do like a bird's nest on top of her head. The bouffant style was paired with pared-down makeup, complete with brown shadow dusted across her lids and buffed out under her eyebrows. Supermodel Iman's Iconic Fashion Journey: Celebrating 50 Years [PHOTOS] View Gallery Launch Gallery: Supermodel Iman's Iconic Fashion Journey: Celebrating 50 Years [PHOTOS] Best of WWD Amanda Anisimova's On-court Tennis Style Through the Years: From Teen Phenom to Wimbledon Finalist A Look Back at Fourth of July Celebrations at the White House Princess Diana's Birthday Looks Through the Years: Her Sleek Black Jacques Azagury Dress, Vibrant Colors and More Solve the daily Crossword
