Kering has been furiously trying to regain its mojo after watching its shares plunge by 60% in the past five years while it ...
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.
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
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GlobalData on MSNGucci owner Kering sees 12% revenue drop in 2024The group is ramping up efforts to foster the growth of its fashion houses while prioritising actions to enhance efficiency.
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
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.
Luxury giant Gucci announced on Thursday it was parting ways with its creative director, Italian designer Sabato de Sarno.
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci’s abrupt announcement on Thursday that Sabato De Sarno will depart as creative director was a stark and understated ...
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