Kering Enters Strategic Partnership with ICCF

Kering has announced a strategic partnership with ICCF to enhance their presence in the luxury industry. As part of this collaboration, Kering will acquire a minority stake in ICCF, focusing on their flagship brand, ICICLE.

This partnership leverages ICCF's expertise in the Chinese luxury market and Kering's strength in European craftsmanship and brand development. It aims to support the growth and international expansion of the ICICLE brand, which emphasizes Eastern philosophy through natural materials and refined craftsmanship. ICICLE has over 200 stores, with key locations in Beijing, Shanghai, and Paris.

Kering's initiative, House of Wonders, underpins this partnership, supporting culturally relevant luxury brands for long-term value creation. The collaboration highlights Kering's focus on disciplined, partnership-driven growth.