Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Kering is a French-based multinational corporation specializing in luxury goods. It owns the luxury brands Balenciaga, Bottega Veneta, Gucci, Alexander McQueen and Yves Saint Laurent.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Shops
2
Staff
180
Glob.Revenue, mln.USD
18654

Lancome, Yves Saint Laurent and Armani are returning to Russia: when cosmetics will appear in stores.

The Company Statement
November 07, 2022

Kering reported in LinkedIn that it is temporarily closing its stores in Russia for its Houses that the Group operates directly in the country.

March 05, 2022LVMH, Kering, Chanel and Cartier suspend operations in Russia
February 04, 2022Luxury group Kering temporarily closing stores in Russia
March 05, 2022Closing stores
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