If executed with clear guardrails and capacity planning, the policy can deliver a 1-2 percent productivity lift and 20-40 bps UK margin tailwind while strengthening brand execution for Gucci, Saint Laurent, and Balenciaga; mishandled, attrition and morale costs could erase these gains.
Kering will require UK staff to work in-office four days per week from January 2026, positioning the group at the stricter end of hybrid policies in luxury. The move could accelerate execution for Gucci, Saint Laurent, and Balenciaga in the UK but elevates near-term talent and occupancy risks that must be actively managed to protect margins and brand equity.