Kering has taken a minority stake in a chinese luxury brand, with some reports indicating the stake is in the brand Icicle itself, while others suggest it is in the brand's owner, ICCF or ICCF Group. The move appears to be part of Kering's efforts in the luxury market. The exact details of the stake acquisition vary across reports, but it is clear that Kering has invested in the chinese luxury brand or its parent company.