He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Fiscal 2024 revenue fell 12% and wholesale dropped by more than 20% as the company looks to fix its distribution strategy and ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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Gucci sales slump continues as Kering seeks new designerPARIS: French luxury group Kering reported a 12% drop in fourth-quarter sales on Tuesday, dragged lower by its Italian brand ...
MILAN — The pressure to find the right successor for Sabato De Sarno mounts, as analysts believe Gucci’s future relies ...
Earlier this month, while fashion lovers were converging on the city for the start of NYFW, news broke in Milan that change ...
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales.
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