Authentic reinforces global strategy with APAC headquarters in Shanghai

On June 5, Authentic Brands Group, the global brand development and licensing platform, officially launched its APAC headquarters in Shanghai. Authentic’s APAC headquarters in Shanghai. – Credit: ABG Since its establishment in 2010, Authentic has consistently pursued a calculated global expansion strategy, achieved by developing regional hubs customized for specific local markets. The inauguration of…

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Kering’s debt burden grows as Gucci strategy falters

By Reuters Published May 28, 2025 In an effort to reduce Kering’s overreliance on its struggling flagship label Gucci, French billionaire François-Henri Pinault may have triggered a new crisis. A series of acquisitions has significantly increased the group’s debt load just as the luxury industry enters a prolonged downturn. Reuters Managing that debt has become…

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