He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround.
Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
Gucci’s new CEO, Stefano Cantino, expressed gratitude for De Sarno’s focus on “Gucci’s craftsmanship and heritage,” while ...
NET-INCOME FORECAST: Analysts forecast full-year net profit of 1.335 billion euros, according to the same consensus, compared with 2.98 billion euros in the prior year. Shares have dropped roughly 42% ...