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.

After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.

French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...

Kering SA's revenue decline reverses as new products drive recovery. Performance in non-Gucci brands strengthens outlook.

Bottega Veneta was a bright spot, with a 12 percent rise, but the brand is also set for a shift following the departure of ...

Kering SA (PPRUF) reports a challenging year with a 12% revenue decline, while emphasizing long-term brand health and ...

Kering's challenging performance is driven by economic pressures. Read why PPRUF stock may recover, supported by strong ...

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...

Luxury group Kering’s fourth quarter sales were hit by a continued slump at its main brand Gucci, it said on Tuesday, but a ...

On Tuesday, Kering said its sales fell 12 per cent to €4.97 billion in the fourth quarter ending 31 December — slightly ...

Amid an overall luxury slowdown, the high-end behemoth netted $4.52 billion (4.39 billion euros) in last year’s fourth ...