Gucci-owner Kering to buy stake in Chinese luxury brand Icicle
A logo of Kering is displayed at the company’s booth at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. REUTERS/Maxim Shemetov
PARIS, April 16 : Gucci-owner Kering will acquire a minority stake in Shanghai-based Icicle Fashion Group as part of a new partnership with its Chinese parent ICCF, the French luxury group said on Thursday.
Icicle, a fast growing Chinese luxury brand founded in 1997 that started expanding into the West, operates more than 200 stores, including in Paris, Kering said in a statement.
Source: Reuters
