Luxury giants LVMH and Kering reported sharp declines in sales and profits, raising urgent questions about the industry's ...

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The French luxury group on Tuesday booked revenue of $4.29 billion for the second quarter, 18% lower than in the prior-year ...

Kering, the owner of Gucci, on Tuesday reported lower second-quarter financial returns than what was expected, pointing to ...

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

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

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