5 days ago · Gucci is one of the world's leading luxury Houses, created in 1921. Read more about this global reference for Luxury and Fashion that joined Kering in 1999.

1 day ago · On top of woes at Gucci, a broader luxury slowdown has also weighed on Kering, which reported a 46 per cent drop in group operating income in 2024, to €2.55bn, narrowly ahead of Kering’s own ...

1 day ago · PARIS, Feb 11 (Reuters) - Luxury group Kering (PRTP.PA), opens new tab said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has ...

1 day ago · The next Gucci creative director will play a vital role in that strategy.Last week, Kering announced the exit of Sabato De Sarno, and his successor is to be announced “promptly, sooner rather than later”, according to Kering deputy CEO Francesca Bellettini.. Here are some of the key takeaways from the conference. 1. The strategy for Gucci

1 day ago · Kering’s annual recurring operating income fell 46% to €2.55 billion ($2.63 billion) last year, the French fashion group said, the lowest since 2016. Aside from Gucci, Kering’s labels ...

7 hours ago · Kering reported a 12% decline in annual sales in 2024, with its biggest brand, Gucci, sliding 21%. Kering, owner of brands like Gucci, YSL, and Bottega Veneta, said that it has "no plan" to shift ...

Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the last five years while it tries to revive its flagship brand, Gucci. The French luxury giant ...

1 day ago · Kering shares were up 2.5% by 0906 GMT. Gucci's fourth quarter sales tumbled 24% from a year earlier, as the label's aesthetic overhaul failed to win new business.

2 days ago · With Gucci’s transformation now on hold until a new creative director is named, Kering is also facing pressure on its balance sheet following several expensive acquisitions including perfumer ...

6 days ago · French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.