The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but has no plans to ...

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...

Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three ...

Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping ...

Kering, owner of brands such as Gucci and Yves Saint Laurent, reported a sales slump amid a global downturn in demand for high-end goods.

All Gucci at Kering? Not so much. The luxury giant on Tuesday posted a 15% year-on-year sales dive — even worse than analysts ...