Core Insights - Kering Group, a global luxury goods giant, has experienced a data breach affecting several of its brands, including Gucci, Balenciaga, Alexander McQueen, and Yves Saint Laurent [1][2] - The breach, which began in June, involved unauthorized access to customer data, although sensitive financial information such as credit card and bank account details were not compromised [1][2] - The hacker group Shiny Hunters claimed to have stolen data linked to 7.4 million email addresses, with some customers spending over $60,000 [3] Company Summary - Kering Group confirmed the data breach and has reported that customer data including names, email addresses, phone numbers, addresses, and total spending at luxury stores were accessed [2][3] - The company has notified affected customers via email but has not disclosed the number of individuals impacted [2] - Kering's financial performance showed a decline in revenue for the first half of 2025, with total revenue at €7.587 billion, down 16% year-on-year, and net profit at €474 million, down 46% [3] Industry Context - The luxury goods sector has seen multiple data breaches this year, with brands like Dior, Cartier, and Louis Vuitton also reporting similar incidents [5][6][7] - Dior experienced a data breach in May, with unauthorized access to customer data including names, phone numbers, and sensitive consumption information [5] - Cartier confirmed a data leak in June, revealing customer names and email addresses but no financial data [6] - Louis Vuitton's Hong Kong subsidiary faced a breach affecting approximately 420,000 customers, with leaked information including names and shopping records [7]