Luxury Headlines – 13/10/2025
Luxury Headlines – 13/10/2025
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Kering Shares Reach 15 Month High
Kering's stock surged to its highest point in over a year, driven by renewed investor optimism about the luxury conglomerate's turnaround strategy. The boost comes amid hopes that the company's flagship brand Gucci and other labels may be regaining momentum in a challenging luxury market. The positive market response suggests that Kering's efforts to revitalize its brand portfolio and navigate shifting consumer demand are resonating with investors.
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Vestiaire Collective CEO Max Bittner Exits
Max Bittner has departed his role as chief executive of the luxury resale platform Vestiaire Collective and will be replaced by CFO Bernard Osta. The leadership change comes at a pivotal moment for the secondhand luxury market, which has seen rapid growth but faces increasing competition and market pressures. Under the leadership of Osta, Vestiaire Collective will continue to grow its audience in Europe, the US and Asia, and invest in authentication capabilities and AI innovation, according to the company.
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Salone del Mobile Enters Saudi Arabia Market
The renowned Italian furniture and design fair Salone del Mobile will launch in Saudi Arabia, marking its expansion into the Middle Eastern luxury market. From Nov. 26 to 28, the event will take place in Riyadh under the title “Red in Progress: Salone del Mobile.Milano meets Riyadh.” This move aligns with Saudi Arabia's growing investment in luxury retail and cultural events as part of its economic diversification efforts. The expansion reflects the Kingdom's ambition to become a global hub for design, culture, and luxury commerce beyond its traditional oil-based economy.
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Pomellato Open New Boutique on Rodeo Drive
Italian jewelry brand Pomellato has expanded its US presence with a new boutique on Beverly Hills' prestigious Rodeo Drive. The opening reflects the brand's confidence in the American luxury market and its strategy to strengthen its footprint in key luxury shopping destinations. The Rodeo Drive location positions Pomellato among the world's most elite jewelry and fashion houses in one of retail's most coveted addresses.
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Loewe and On Launch New Collaboration
The Spanish luxury house Loewe has partnered with Swiss performance running brand On for a new collection featuring the CloudSolo and CloudTilt sneakers along with apparel. The collaboration blends Loewe's artistic luxury aesthetic with On's technical athletic expertise, continuing the trend of high-fashion sportswear partnerships. Under creative director Jonathan Anderson's vision, the collection transforms functional athletic wear into collectible luxury pieces that appeal to both sneaker enthusiasts and fashion connoisseurs.
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Johnny Walker and Olivier Rousteing Reveal New Couture Blend
Scotch whisky brand Johnnie Walker partnered with Balmain's creative director Olivier Rousteing to create a limited-edition "Couture Blend." This collaboration merges luxury fashion and spirits, targeting affluent consumers who appreciate both high-end design and premium beverages. The partnership exemplifies the growing trend of cross-industry luxury collaborations that leverage creative talent from fashion to elevate traditional spirit brands.
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Alo Yoga Set to Open on Champs-Elysées in Early 2026
California-based athleisure brand Alo Yoga will open a flagship store on Paris's iconic Champs-Élysées avenue in early 2026. The prime location signals the brand's ambitious international expansion and growing appeal in the European luxury activewear market. This move represents a significant milestone for the wellness-focused brand as it seeks to compete with established European luxury sportswear players in their home territory.
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