The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
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.
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
French luxury goods firm Kering on Tuesday reported better-than-expected fourth-quarter sales that were nevertheless down ...
By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) -Luxury group Kering's fourth quarter sales were hit by a continued ...
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, ...
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
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Gucci sales drop by 24% as per its Q4 reports
Gucci’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, ...
Kering’s fourth-quarter results revealed a significant hit to profits, largely driven by sluggish sales at Gucci, its ...