He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
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Soap Central Lifestyle on MSNGucci sales drop by 24% as per its Q4 reportsGucci’s sales plummeted by 24% in the last quarter of 2024. Kering, the multinational holding company that owns Gucci, Saint Laurent, and Bottega Veneta, amongst others, reported on February 11, 2025, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
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's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...
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