Kering Partners with ICCF to Support Global Expansion of ICICLE and Strengthen Emerging Luxury Brand Strategy

(IN BRIEF) Kering has formed a strategic partnership with ICCF and acquired a minority stake in the fashion group to support the growth of its flagship brand ICICLE. The collaboration combines ICCF’s deep understanding of the Chinese luxury market with Kering’s global expertise in brand development and craftsmanship. Through this partnership, ICICLE is expected to expand internationally and diversify its product offering. The initiative is part of Kering’s House of Wonders strategy, which focuses on supporting emerging luxury brands with strong cultural identity and global potential, reinforcing the group’s long-term growth approach in the luxury sector.

(PRESS RELEASE) PARIS, 16-Apr-2026 — /EuropaWire/ — Kering has entered into a strategic partnership with ICCF, marking a new step in its approach to supporting emerging luxury brands. As part of the agreement, Kering will take a minority equity stake in ICCF, reinforcing its commitment to fostering long-term growth through targeted collaborations.

The partnership is designed to combine ICCF’s strong positioning within the Chinese luxury market and its cultural insight with Kering’s established expertise in craftsmanship, operational excellence, and global brand development. By bringing together these complementary strengths, both groups aim to accelerate the growth and international reach of ICCF’s flagship label.

At the center of this collaboration is ICICLE, a Shanghai-founded brand recognized for its design philosophy rooted in Eastern aesthetics. Known for its use of natural materials and understated, contemporary style, ICICLE offers ready-to-wear collections and accessories for both men and women. The brand currently operates more than 200 stores, including prominent locations in Beijing, Shanghai, and Paris.

Kering’s investment will support the next phase of ICICLE’s development, focusing on expanding its global footprint and broadening its product portfolio into additional categories. The initiative aligns with Kering’s ambition to nurture brands with strong cultural identity and international potential.

This partnership is part of Kering’s newly introduced House of Wonders initiative, a strategic framework aimed at identifying and supporting emerging luxury houses that demonstrate authenticity, creative distinction, and long-term growth prospects. Through this approach, Kering seeks to build value by collaborating with brands that resonate across different markets and cultural contexts.

ICCF, which originated from ICICLE Fashion Group founded in 1997, operates as a vertically integrated fashion company with a focus on responsible design and production. With operational hubs in both Paris and Shanghai, the group continues to expand internationally while maintaining a strong emphasis on craftsmanship and sustainability.

Through this collaboration, Kering and ICCF aim to strengthen ICICLE’s positioning within the global luxury landscape while leveraging their respective expertise to drive innovation, cultural relevance, and sustainable growth.

About Kering

Kering is a global, family-led luxury group, home to people whose passion and expertise nurture creative Houses across couture and ready-to-wear, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, as well as Kering Eyewear. Inspired by their creative heritage, Kering Houses design and craft exceptional products and experiences that reflect the Group’s commitment to excellence, sustainability and culture. This vision is expressed in our signature: Creativity is our Legacy. In 2025, Kering employed 44,000 people and generated revenue of €14.7 billion.

About ICCF

ICCF, originating from ICICLE Fashion Group founded in 1997 in Shanghai, is a vertically integrated fashion group dedicated to developing contemporary luxury brands with a strong industrial foundation, a responsible approach to design and production, and a long-term creative vision. With headquarters functions shared between Paris and Shanghai, ICCF continues to expand its international presence through its flagship brand ICICLE, promoting a vision of fashion rooted in natural materials, refined craftsmanship and cultural authenticity.

Kering Partners with ICCF to Support Global Expansion of ICICLE and Strengthen Emerging Luxury Brand Strategy

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