A Movement To Reform Fashion
Kering owns many luxury brands, including Gucci, Balenciaga, Saint Laurent, Alexander McQueen. The conglomerate was never reported to cancel orders, but because Kering is the 5th largest apparel conglomerate in the world PayUp Fashion included them in our 40 Brands and will track their progress towards our 7 Actions.
3-22-20- Kering posts a public statement committing to their suppliers during the pandemic. It states: “We strictly respect all of the terms and conditions of our contracts with our suppliers and under no circumstances will payment terms be affected.”