Gucci’s downturn extended into the final stretch of 2024, with fourth-quarter revenue falling 24%, closing out a year in ...
The idea of owning and operating a big house of brands is on the wane as fashion's traditional consolidators struggle.
The luxury market has been on a downward spiral over the last few years, facing one of its worst slumps since the Great ...
In a Wednesday post on his Truth Social platform, President Trump wrote that "Interest Rates should be lowered, something ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The U.S. administration is expected to announce reciprocal tariffs later against every country that charges duties on ...
The Advertising Standards Agency (ASA) has banned a Next ad for “power stretch denim leggings” which showcased an “unhealthy ...
Our efforts must remain sustained and we are confident that we have driven Kering to a point of stabilisation,” says CEO François-Henri Pinault ...
India has become the largest single market for Swiss watchmaker Rado, overtaking China amid a luxury bust in the latter. With ...