Kering Eyewear Posts Record Q3 Revenue Amid Group Stability and Leadership Shifts

1. 04:00
   EyeSmart

   Kering Eyewear Reports 6% Q3 Revenue Growth Amid Creative Leadership Changes at Saint Laurent and Alexander McQueen

   Kering Eyewear reported a 6% increase in third-quarter revenue to €373 million, with first-half nine-month revenue reaching €1.338 billion. The division attributed this growth to innovation and commercial execution across all regions, specifically citing the launch of Maui Jim’s Fall Winter 2026 collection and initiatives marking Lindberg’s 40th anniversary. This performance contrasts with a 3% comparable decline in the broader Kering Fashion & Leather Goods segment, driven by Gucci’s ongoing turnaround. Meanwhile, creative departures at Saint Laurent and Alexander McQueen have raised questions about future eyewear design directions, though Kering Eyewear’s centralized teams are expected to maintain brand continuity for wholesale partners during the transition.

1. 22:09
   Eyewear Intelligence

   Kering Eyewear reports record Q3 revenue of €373 million, up 6%

   Kering Eyewear reported revenues of €373 million for the third quarter of 2026, marking its highest-ever performance for that period. This figure represents a 6 percent increase compared to the same quarter in the previous year. When adjusted for like-for-like and constant currency bases, the revenue growth was 4 percent. The data reflects financial results announced by the company, distinguishing nominal growth from organic performance metrics.

2. 14:32
   FashionUnited — Business

   Kering Reports Stable Q3 Revenue as Eyewear Growth Offsets Gucci Decline

   French luxury group Kering reported third-quarter 2026 revenue of €3.35 billion ($3.76 billion), remaining stable on a reported basis but declining 1 percent on a comparable basis year-over-year. The performance was supported by a positive currency effect of one percentage point. While the Fashion & Leather Goods division saw a 3 percent comparable decline driven by Gucci's 6 percent drop in retail sales due to lower traffic in Mainland China and Japan, other segments performed well. Kering Eyewear recorded revenue of €373 million, up 4 percent on a comparable basis, aided by regional expansion and new collections from Lindberg and Maui Jim. The Jewelry division also grew 11 percent comparably. In terms of distribution, Kering closed 128 stores and opened 23 during the first nine months, surpassing its initial target of 100 net closures ahead of schedule. CEO Luca de Meo stated that Gucci's recovery remains the defining priority.

3. 12:27
   Vision Monday — Business

   Kering Eyewear Reports 6% Revenue Growth in Q3 2026 Amid Stable Group Performance

   Kering reported third-quarter group revenue of €3,345 million, stable on a reported basis but down 1 percent on a comparable basis year-over-year. The eyewear segment demonstrated resilience, reaching €373 million in revenue, an increase of 6 percent as reported and 4 percent on a comparable basis. Group CFO Armelle Poulou attributed this to the strength and scalability of the eyewear platform, noting growth across all regions supported by initiatives such as the Maui Jim Fall Winter 2026 launch and Lindberg’s 40th anniversary celebrations. While wholesale revenues rose 3 percent on a comparable basis, directly operated retail sales, including e-commerce, decreased by 3 percent. Kering also advanced its store network optimization, completing 105 net closures in the first nine months of 2026, exceeding its full-year objective ahead of schedule.

4. 12:24
   Vision Monday — Business

   Kering Eyewear Reports 6% Revenue Growth in Q3 2026 Amid Stable Group Performance

   Kering reported third-quarter group revenue of €3,345 million, stable on a reported basis and down 1 percent on a comparable basis year-over-year. The Kering Eyewear segment demonstrated resilience, achieving €373 million in revenue, up 6 percent as reported and 4 percent on a comparable basis. Group CFO Armelle Poulou attributed this to the platform's strength and scalability, noting growth across all regions driven by initiatives such as the Maui Jim Fall Winter 2026 launch and Lindberg’s 40th anniversary. Channel performance varied: wholesale revenues rose 3 percent on a comparable basis, while directly operated retail network sales, including e-commerce, decreased 3 percent. North America accounted for 25 percent of group revenue, a 2 percent increase. For the first nine months, group revenue totaled €10,565 million, down 2 percent as reported. Kering completed 105 net store closures during this period, exceeding its full-year objective ahead of schedule, with plans for at least 125 net closures for 2026.

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