Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackBalenciaga SA (/bəˌlɛnsiˈɑːɡə/ bə-LEN-see-AH-gə) is a luxury fashion house founded in 1919 by the Spanish couturier Cristóbal Balenciaga in San Sebastian, Spain, and currently based in Paris. Balenciaga produces ready-to-wear footwear, handbags, and accessories, and licenses its name and branding to Coty for fragrances. It is currently owned by the French corporation Kering.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackLancome, Yves Saint Laurent, Armani and other brand of Kering are returning to Russia: when cosmetics will appear in stores.
March 04, 2022 | Due to growing concerns regarding the current situation in Europe, Kering is temporarily closing its stores in Russia for its Houses that the Group operates directly in the country. |