Gucci’s Parent Company Invests in Kerby Jean-Raymond's Vision

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Kering’s partnership with Pyer Moss’s Kerby Jean-Raymond has been in the works since last year.

—marking a rare show of support for Black talent—the luxury conglomerate actually started making plans with Raymond in 2019. In fact, if it weren’t for the pandemic, they would have announced their partnership back in March.

Instead, it was this Thursday that Kering’s CEO and Chairman François-Henri Arnault announced his unequivocal support for Raymond and his latest fashion foray, Your Friends in New York. There isn’t much in the way of specifics just yet, but Raymond is clearly stepping into a different world from.

The plan is to create an “ecosystem of creativity,” where brands—Pyer Moss among them—can experiment with their customer relationships. Through an incubator-esque program, up-and-coming designers to do the same. Oh, and there will also be march. It all launches in 2021, which might be why they’re already planning to host events.

Kering, of course, is one of the biggest corporate players in the current fashion ecosystem. Its stable of brands include Gucci, Balenciaga, Yves Saint Laurent and Bottega Veneta, each of which have been reinvented by critically acclaimed designers over the past few years. In other words, the company knows how to spot talent that resonates.in fashion’s coronavirus relief efforts.

 

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