European resale specialist Rebelle said this week that sustainability is the main reason for many consumers buying secondhand and that the Covid-19 crisis has boosted demand for luxury investment pieces.
Kering’s eyewear business has announced a partnership with Chloé. Kering Eyewear will design, produce, and distribute eyewear for Chloé (Richemont), taking over from its previous partner Marchon Group.
Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.
Francois-Henri Pinault, the head of French group Kering, has agreed to give up a quarter of his fixed wages for the rest of the year and the entirety of his variable compensation for 2020, the company said Friday.
Pyer Moss, Kering, Nike, Estée Lauder and L'Oréal USA have all announced new and updated commitments to providing support, as the state of New York experiences its hardest day of the Covid-19 outbreak.