Gucci Cuts Prices: What It Means for Luxury Pricing Power and Kering’s Turnaround
Gucci has cut prices on selected products—an unusual move in luxury. We examine what it means for pricing power, brand equity and Kering’s turnaround strategy.
2026年
Japan to Cut Consumption Tax on Food to 1% from April 2027 — What Finance Teams Need to Prepare
From 1 April 2027, the consumption tax rate on food and beverages is set to fall from the current 8% reduced rate to 1% — and to stay there for two years before reverting. The measure has been approved as government policy and now awaits the passage of the related tax reform legislation. Press coverage…
Richemont Q1 FY27: Sales Up 20%, Led by the Jewellery Maisons
Richemont has reported sales for the first quarter of FY27, ended 30 June 2026. Group sales came in at €6.3 billion, up 20% at constant exchange rates and 17% at actual rates — a very strong start given how uncertain the luxury market remains, and ahead of analyst expectations. Jewellery Maisons led the growth The…
Why Finance Leaders Cannot Ignore AI Lessons from an Oxford Saïd Executive Education Focus Group
AI is reshaping corporate finance, accounting, and executive decision-making. Drawing on insights from an Oxford Saïd Executive Education focus group, this article explores why CFOs and finance leaders need to understand AI as a strategic leadership issue, not just a technical tool.
Kering Restructuring: Why the Luxury Group Shifted to a Beauty Licensing Strategy with L’Oréal
An in-depth analysis of Kering’s restructuring strategy, the Gucci slowdown, and why the luxury group partnered with L’Oréal in beauty licensing.