Kering announced acquisition of a minority stake in Shanghai‑based Icicle Fashion Group, forming a partnership with Icicle’s Chinese parent ICCF.
Icicle, founded in 1997, operates over 200 stores globally, including locations in Paris, and is expanding further into Western markets.
The deal was disclosed on 16 April 2026 by Reuters and reported by Investing.com, with AI‑generated article reviewed by an editor.