French Luxury Brand Saint Laurent Goes Fur-Free

The end of fur at Saint Laurent. ALAIN JOCARD AFP/File
The end of fur at Saint Laurent. ALAIN JOCARD AFP/File
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French Luxury Brand Saint Laurent Goes Fur-Free

The end of fur at Saint Laurent. ALAIN JOCARD AFP/File
The end of fur at Saint Laurent. ALAIN JOCARD AFP/File

French high-end fashion brand Saint Laurent will stop using fur in its collections from next year, its parent company Kering said on Friday, joining a growing list of global companies.

Kering brand Brioni will also forsake fur, the company said, making all the fashion group's houses fur-free.

Animal rights groups have long lobbied the global fashion industry to give up fur and several, including Versace, Chanel and Michael Kors, had already stopped using it, said AFP.

People for the Ethical Treatment of Animals (PETA) took the lead in protesting against Saint Laurent, demonstrating outside its store in the fashionable Avenue Montaigne in Paris this year after supermodel Kate Moss appeared in an advertising campaign for the brand wearing a fox coat.

"There is nothing glamorous about fur," PETA told Saint Laurent.

Within the Kering group, Gucci was the first to drop fur in 2017, followed by Balenciaga, Bottega Veneta et Alexander McQueen.

"The world has changed, along with our clients, and luxury naturally needs to adapt to that," Kering CEO François-Henri Pinault said in a statement.

Kering would be entirely fur-free from the Fall 2022 collections.

On Friday, among the fur items still available in Saint Laurent's webstore were a rabbit coat priced at 5,500 euros ($6,450), a sleeveless fox vest for the same price, and a pair of mink mules for 995 euros.

"We believe that killing animals not to eat them but only for their fur doesn't correspond to modern luxury which must be ethical, in sync with its times and the questions of our societies," Marie-Claire Daveu, head of sustainable development at Kering, told AFP.

LVMH, the world's largest luxury group and Kering rival, meanwhile told AFP that it continued to allow its brands to meet customer demand for fur products.

These were being made "in the most ethical and responsible way possible", LVMH said, adding that it had banned all fur from endangered species.

According to PETA, 85 percent of fur sold in the world originates from animals who live their entire lives in captivity, often in conditions "of misery" and "extreme suffering".

They are usually killed by poison gas, electrocution or beaten to death with clubs, it said.

The international fur trade is estimated to be worth several tens of billions of dollars annually, employing around one million people worldwide.



Puig Shares Drop after Withdrawal of Some Batches of Charlotte Tilbury Spray

A woman walks past the logo of Luxury beauty and fashion company Puig (PUIG.MC) at the entrance of its headquarters in Barcelona · Reuters
A woman walks past the logo of Luxury beauty and fashion company Puig (PUIG.MC) at the entrance of its headquarters in Barcelona · Reuters
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Puig Shares Drop after Withdrawal of Some Batches of Charlotte Tilbury Spray

A woman walks past the logo of Luxury beauty and fashion company Puig (PUIG.MC) at the entrance of its headquarters in Barcelona · Reuters
A woman walks past the logo of Luxury beauty and fashion company Puig (PUIG.MC) at the entrance of its headquarters in Barcelona · Reuters

Shares in Puig dropped sharply in early Friday trade after the luxury beauty and fashion company said its Charlotte Tilbury brand was voluntarily withdrawing select batches of its make-up setting spray.
Puig, which listed in Madrid in May, said on Thursday the withdrawal was expected to impact performance of its makeup segment, but was not expected to have a "material" impact on its overall full-year performance.
The company said that a routine product testing found an isolated quality issue in a limited number of batches, which did not make the product unsafe.
It added that no other Charlotte Tilbury products were affected.
Makeup and skincare brand Charlotte Tilbury, known for its "Pillow Talk" make-up collection, was one of Puig's top three brands last year, according to its annual report.
Makeup contributed 18% of its net income in 2023, while skincare accounted for 10%.
JPMorgan analysts said the withdrawal could have as much as mid single digit additional impact on makeup like-for-like growth in the fourth quarter.
They added there could be a potential spillover into the first quarter of 2025, depending on the speed of product replacement.
The firm, which also owns perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier, said it was confident in achieving its goals for 2024, including a stable EBITDA margin compared with 2023.
Shares fell as much as 9% but recovered some losses and by 0902 GMT were down 3.5%, among top fallers on the Europe-wide STOXX 600 index.