Kering

Yves Saint Laurent's French parent, Kering, hailed the arrival of Mr Vaccarello, who has won fans in the fashion world thanks to his careful balance of minimalism and contemporary sex appeal.

伊夫•圣罗兰的法国母公司开云集团（Kering）对瓦卡莱洛的到来表示热烈欢迎。这位新任总监以其对极简主义和当代性感的精准平衡，赢得了时尚界的追捧。

LVMH's greatest rival, the former PPR, went so far as to rename itself as Kering ( pronounced as "caring") last year, to symbolize a transformation from business opportunist to committed company.

去年，路威酩轩集团最大的对手，前巴黎春天集团（PPR）甚至更名为开云集团（Kering，它的发音接近“caring”[关心]），以表明自己从商业投机者转变为一个负责任的公司。

According to Thomas Chauvet, an analyst covering luxury goods at Citi Investment Research, the growth at Balenciaga was slower than that of similar smaller brands, and that may have contributed to Kering's decision to make a change.

据花旗投资研究公司（Citi Investment Research）的奢侈品分析师托马斯·肖韦（Thomas Chauvet）称，巴黎世家的增长速度慢于类似的更小的品牌，这可能是开云集团决定做出改变的原因之一。

Today, the company vies for brands and creative talent not just with peers like Kering and Richemont, but also with private equity firms like Yucaipa ( which has stakes in Barneys and Zac Posen) and players from the Middle East and Asia.

如今，该公司不仅要和开云集团、历峰集团（Richemont）等同辈争夺品牌和创意人才，还要和尤凯帕（Yucaipa，它持有巴尼斯百货公司[Barneys]和扎克·珀森[Zac Posen]的股份）等私募股权公司以及来自中东和亚洲的玩家们竞争。

In part, Qeelin fits with Kering's strategy of buying top brands in areas where it doesn't already compete.

部分原因是，麒麟符合开云收购非竞争领域顶级品牌的策略。

I definitely do feel lucky today, because this particular wulu is inlaid with tiny, brilliant diamonds and retails for about$ 50000 at Qeelin ( pronounced KEE-lin), the Asian jewelry company now owned by French luxury giant Kering ( formerly PPR).

我今天的确运气不错，这款镶有闪亮碎钻的葫芦在麒麟珠宝（Qeelin）的售价约50000美元。这家亚洲珠宝公司现由法国奢侈品巨头开云（Kering，前身为PPR）所有。

The brand also notched up its highest operating margin during the second half of last year. YSL accounts for 12 per cent of Kering's luxury sales.

去年下半年，圣罗兰还创下最高营业利润率，其销售额占开云集团奢侈品销售的12%。

the worlds of a family owned independent company and the world of a giant conglomerate ( Balenciaga is owned by Kering, the French luxury group that also owns Saint Laurent, Gucci and Alexander McQueen, among other brands).

他自己的品牌是家族拥有的独立公司，而巴黎世家则是一个庞大集团的下属品牌（巴黎世家母公司是法国奢侈品业巨头开云集团[Kering]，旗下还有圣洛朗[Saint Laurent]、古奇[Gucci]、亚历山大·麦昆[Alexander McQueen]等品牌）。

Fran ç ois-Henri Pinault, chief executive of Kering, pointed out that the designer's schedule is mapped out and shared "a year in advance."

开云的首席执行官弗兰索瓦-亨利·皮诺（François-Henri Pinault）说，王的日程提前一年就会被安排出来并且发送给同事们。

Named for a mythical Chinese creature, Qeelin has 19 stores in Asia and Europe, where--now with the help of Kering--it is trying to become one of the first successful luxury jewelry brands originating... in the East.

麒麟本身就是中国文化里的一种瑞兽，麒麟珠宝在亚洲和欧洲拥有19家店，现在在开云的帮助下——正在努力成为首批源自东方的成功奢侈珠宝品牌之一。

At Balenciaga AW17, designer Demna Gvasalia emblazoned a sweater with the logo of the luxury conglomerate group, Kering, which owns the brand.

而在巴黎世家（Balenciaga）2017年秋冬季时装发布会上，设计总监戴姆纳瓦萨利亚（Demna Gvasalia）推出了一款印有巴黎世家母公司、奢侈品巨擎开云（Kering）品牌标识的毛衣。

He has been hailed as the brand's saviour since Kering appointed him in 2012.

2012年被开云任命为创意总监后，他被誉为品牌的大救星。

In December, it was all change at Kering's flagship Gucci when creative director Frida Giannini was ousted.

去年12月，古驰（Gucci）创意总监弗里达贾娜妮（Frida Giannini）遭罢黜，从而引发开云集团旗下这家知名大品牌的大换血。

The latest setback came in the form of a lawsuit filed in a New York court by Kering, the Paris-based group whose luxury brands include Gucci and Balenciaga, alleging the Hangzhou-based company was complicit in the sale of counterfeit goods on its sites.

最新的一起挫折是，总部位于巴黎、旗下拥有古驰（Gucci）和巴黎世家（Balenciaga）等奢侈品牌的开云集团（Kering）在纽约起诉阿里巴巴，声称这家总部位于杭州的企业共谋参与了其网站上的假货销售。

Fran ç ois-Henri Pinault, Kering's chairman and chief executive, described 36-year-old Mr Vaccarello as "a vivid and young force."

开云集团董事长兼首席执行官佛朗索瓦•亨利•皮诺特（François-Henri Pinaul）称36岁的瓦卡莱洛是一股“年轻活力”。

Mr. Wang was named to the top design post in 2012 after Nicolas Ghesqui è re, who had revitalized the brand since taking over in 1997, left over creative differences with Kering's management.

1997年，尼古拉斯·盖斯奇埃尔（Nicolas Ghesquière）接管巴黎世家，使之重获新生，2012年，因与开云集团管理层在创意方面的分歧，盖斯奇埃尔离开该品牌，之后王大仁获任该顶级设计职位。

Last week, when Kering confirmed Mr Slimane's exit, putting an end to months of speculation about his possible departure, some luxury analysts raised red flags.

开云集团于上周确认斯理曼的离开，为几个月来围绕其离职的猜测画上了一个句号。部分奢侈品分析师对此发出了预警。

As LVMH and Kering-which owns Gucci, Yves Saint Laurent and other brands-strive to bolster sectors like watches and jewelry or to better balance their holdings across geographic markets, such smaller acquisitions are necessarily part of the strategy.

路威酩轩集团和开云集团——后者拥有古驰和伊夫·圣罗兰（Yves Saint Laurent）等品牌——努力支持手表和珠宝等分支，或者让资产更均衡地分布在世界各地，所以这样的小型收购必然是发展战略的一部分。

Analysts estimate that Balenciaga alone has annual revenue of 350 million euros ($ 387 million), which would represent less than 5 percent of Kering's overall luxury revenue, based on results released this week.

分析师们估计，巴黎世家的年收入为3.5亿欧元（约合3.87亿美元）。根据本周发布的数据，这占开云集团奢侈品总收入的不到5%。

Kering, the French luxury goods conglomerate, announced on Friday that the designer Alexander Wang was leaving the helm of Balenciaga after less than three years by "joint decision."

周五（7月31日），法国奢侈品集团开云（Kering）宣布，设计师王大仁（Alexander Wang）将不再执掌巴黎世家（Balenciaga），称“这一决定是双方共同做出的”。王大仁在巴黎世家供职不到三年。

But another major reason is that Fran ç ois-Henri Pinault, CEO and chairman of Kering, believes the new wealthy in China will increasingly support homegrown brands rather than always importing them.

但另外一个主要原因是开云首席执行官兼董事长弗朗索瓦-亨利•皮诺相信中国新贵将日益增加对本土品牌的支持，不再是一味青睐进口。

Hugh Devlin, a lawyer based in London who has negotiated a variety of sales to LVMH and Kering, said the average price for such a house is merely "in the seven figures."

休·德夫林（Hugh Devlin）是伦敦的一位律师，曾参与路威酩轩集团和开云集团的一些收购谈判，他说这种年轻小品牌的平均价格只有“几百万”。

Balenciaga is considered one of Kering's "emerging luxury brands," along with Stella McCartney, Alexander McQueen, Christopher Kane and others.

巴黎世家被认为是开云集团的“新兴奢侈品牌”之一，其他类似的品牌包括斯特拉·麦卡特尼（Stella McCartney）、亚历山大·麦昆（Alexander McQueen）和克里斯托弗·凯恩（Christopher Kane）等。

Yoox now powers the web infrastructure for 38 luxury brands ( "mono brands"), including Armani, Valentino and those owned by the Kering group.

Yoox如今为38家奢侈品牌打理它们的在线商店（“单一品牌专卖”），其中包括阿玛尼（Armani）、华伦天奴（Valentino）以及开云集团（Kering）旗下的几个品牌。

It established the Kering Foundation for women, and embarked on a very public sustainability drive, posting an environmental "profit and loss statement" on its website.

它为女性设立了开云基金（Kering Foundation），并且开始了非常公开的可持续性努力，在网站上发布环境“损益表”。

It opened two new shops last year, making a total of 23, which is less than half the size of the network of Kering's Gucci or Louis Vuitton.

该品牌去年在中国新开两家门店，门店总量达到23家，不到开云集团（Kering）旗下的Gucci或路易威登门店数量的一半。