The French luxury goods group Kering, which holds a 30 percent participation in the Couture brand Valentino, will in future develop and sell the glasses collections of the Italian brand. The company announced this on Monday.
The cooperation between Kering Eyewear, the glasses and beauty division of Kering, and Valentino begins on January 1, 2026. It marks the beginning of a long-term partnership between these two main players in the luxury industry.
The luxury group intends to develop the Valentino glasses collections in perfect agreement with the vision of the Italian brand. This was explained by Roberto Vedovotto, Managing Director of Kering Eyewear. So far, Valentino has been working for these products with the Swiss Group AKN.
Kering Eyewear designs, develops and drives glasses for fifteen luxury brands. This includes your own brands Gucci and Saint Laurent, but also Cartier, Chloé, Montblanc and Puma. The first collection from the new partnership will be presented in Paris at the Valentino show on October fifth, 2025. The collections are available in stores from March 2026.
Kering Eyewear is one of the few Kering divisions that were able to achieve a slight increase in sales of two percent in the first half of 2025. The parent company of fashion brands such as Gucci, Yves Saint Laurent and Bottega Veneta recorded a decline in net profit by 46 percent to 474 million euros in the first half of the year. Sales fell by 16 percent to 7.6 billion euros. The debt was 95 billion euros.
Kering has been holding 30 percent of Valentino since 2023. On Friday, the French Group and the Qatarian investment fund Mayhoola, which owns the remaining 70 percent, announced an agreement with which a possible transfer of the remaining shares by Kering was postponed to 2028 at the earliest.
This article was used with digital tools translated.
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