He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
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 fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
Luxury giant Gucci announced on Thursday it was parting ways with its creative director, Italian designer Sabato de Sarno.
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
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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.
Dakota Johnson put a sultry spin on monochrome dressing at “SNL 50: The Anniversary Special” on Sunday in New York. The ...
Despite a sharp drop in revenue, the French luxury group Kering saw a surprising rally in its stock price yesterday.
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
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