KERING ACADEMY: Kering has launched an executive program in collaboration with Tsinghua University in Beijing and HEC Business School in Paris designed to respond to the growing demand for talent in the Asian markets. The 18-month special program provides education to managers identified as high-potential talents at Kering and its brands operating in China, including Gucci, Bottega Veneta, Balenciaga, Saint Laurent, Boucheron, Pomellato, Stella McCartney, Girard-Perregaux and Puma.

This story first appeared in the April 10, 2014 issue of WWD. Subscribe Today.

“The Chinese market has huge potential and is highly competitive,” Kering chairman and chief executive officer François-Henri Pinault said. “Talent shortages and high employee turnover rates are key challenges facing the market. Through the Leading Talent Through Global Perspectives program, we aim to address these challenges by improving the managerial skills, creativity and global vision of our employees, and ultimately deepen our pool of high-quality talent.”

Down the road, the group said it plans to extend the program to other markets, including the U.S.

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