He said that it "makes no sense" to shift production out of Europe, as the group's culture and heritage is part of its ...
Turning Gucci around is crucial to Kering as it "can no longer afford to get it wrong" an expert told Fortune.
The fall in revenue comes as some peers have signaled a potential rebound in demand for luxury goods.
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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.
Kering SA shares rose as investors took encouragement from better-than-expected profit and signs of stabilization at Gucci, ...
Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...
Kering earned $4.52 billion in the fourth quarter 2024, better than predicted but still a 12 percent drop year-over-year.
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
The French conglomerate, which sacked Gucci designer Sabato de Sarno last week as part of its efforts to revive the label, ...
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Soap Central Lifestyle on MSNGucci sales drop by 24% as per its Q4 reportsGucci’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, ...
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid ...
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative ...
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